Category: Trade Execution and Fills

  • Trade Execution and Trade Fill Prices (Part-2)

    Yesterday we closed a directional SPX Butterfly Spread for +29.7% excluding commission. But individual gains vary. Why? In the previous post on Trade Execution and Trade fill prices, I mentioned about the fills used for P&L calculation. However, if you were to review your own performance, there is one thing that can make a big…

  • Trade Execution and Trade Fill Prices (Part-1)

    Yesterday we initiated a Pre-earning trade on LULU and by the end of the day, the trade was up +70% vs. lowest mid prices, +32% vs. maximum suggested price and +15% vs. actual member’s fills that OPN uses to track its P&L. Think about it for a minute. +70%, +32%, +15%? All within a day!…