• Registered: 2006-12-31
  • Posts: 149

Topic: closing es straddle

I have ES eom 1100 straddle, and will like to cash-settle by tomorrow close. 

I don't like the bid-ask spread and so what is the best way to cash-settle it?

I am thinking of buying (or selling) ES just at 4:00 to offset the ES contracts I will get after settle.

What do you think?

  • Registered: 2009-09-01
  • Posts: 406

Re: closing es straddle

Did you put a straddle bid out there for a fair price?  I don’t trade the EOM, but I don’t usually have a problem getting filled with straddles or spreads in the serial ES options.