Download User Guide - Berkeley Futures Limited

J-Trader Tools
Options strategy type Explanation
Calendar Put Spread
Straddle vs Call
Straddle vs Put
Reversal (Conversion)
Synthetic Conversion/
Reversal
Straddle Calendar Spread
Diagonal Straddle
Calendar Spread
Diagonal Calendar Call
Spread
Diagonal Calendar Put
Spread
Sell near month put, buy far month put (same strikes across the two months).
Buy a straddle versus selling a call: buy the straddle (ie, buy a put and call at the
same strike), as well as selling a call at any strike.
Buy a straddle versus selling a put: buy the straddle (ie, buy a put and call at the
same strike), as well as selling a put at any strike.
Reversal: Buy call, set put at same strike, sell underlying.
Conversion: Same sequence as Reversal, but submitted to the market as a sell/offer
order.
Same as Reversal (Conversion), except that you aren’t trading the underlying leg.
Sell Straddle in near month, buy straddle in far month at same strike. (Sell near
month put, sell near month call, buy far put, buy far call.)
Sell straddle in near month, buy straddle in far month at different strike: sell near
month put, sell near month call, buy far month put, buy far month call.
Sell near month call, buy any far month call at a different strike.
Sell near month put, buy any far month put at a different strike.
Futures Strategies
The types of future strategy you can choose on the Strategy Calculator (page 64) are as follows:
Futures strategy type
Calendar Spread
Butterfly
Condor
ICS Spread
Explanation
Buy near month, sell far month.
Buy near contract month, sell two contracts in far month, buy one contract in yet
farther month. (The delivery months and the gaps between them do not have to be
equal.)
Buy near month, sell later moth, sell yet later month and buy later month still. (The
delivery months do not have to be consecutive and the gaps between them do not
have to be equal.)
(eCBOT exchange only)
Buy future contract, sell future contract. Two different commodities can be
selected and the ratio set for the first and second legs.
Using the List Ticker
The List Ticker (available from Tools/List Ticker) displays all options, futures, RFQs, block trades, and
strategy trades for any number of contracts on any number of exchanges. It provides immediate access
to information on pricing and transactions. Note that you can only display trades from here, not enter
or amend them.
Follow these steps:
1 From J-Trader’s main menu, select Tools List Ticker.
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