Makes perfect sense. She bought 100 shares at around 5 dollars so I guess that person gave her protection at 11.
How do I trade for 3 years and not know this stuff :p
30 minutes... I only have so many daytime minutes! And then I realized that if I did get through they probably wouldn't...
Haha ya.
So there's nothing I should worry about right? Her buying power is only 8 dollars but she has a few thousand in positions. I was worried they would liquidate some of her other positions or margin call for the assignment. I don't have any experience with retail firms so I don't know...
TCM - Thompson Creek Metals
Ok, I just found a paper statement saying
PUT -100 TCM OCT@11
OPENING TRANSACTION
EXPIRES ON OCT 17,2009
thanks for the help guys
i tried calling earlier. was on hold for 30 minutes before giving up
Ok, I know absolutely nothing about options. Someone placed a trade in my mothers account for 1 contract of some stock some time ago. She got an email saying its going to expire soon. I guess I need to get out of it? The last trade on it was 8/17/09. There's no bid price. Is there supposed to be...
What's what I ended up doing yesterday. I found it best to just go with the max size all the time (max size determined by max profit based on slippage, fees, and effect on price as more size increases all those factors). In the long run, reducing shares on losers only meant smaller subsequent...
How do I test to see if there are in fact hot/cold streaks in my wins and losses. Meaning the results of the next trade is somewhat dependent on my last trade. I do feel this is the case with my strategy (probably because of favorable market conditions) but I don't want to be fooled by...
I've had him change MANY trades for me, no questions asked as long as his price was incorrect. Once MY data was incorrect and I asked for a price change and he said no. As expected.
I'm not trying to defend the guy or anything. I actually stopped using the service cause he was a prick to me...
Not really. If I'm long and the closing trade executes at 3:59:00 and the price on every data feed is 20.00 but the C2 trade says 19.90 they better damn well fix it. It happens a lot. Trust me on that. Every time I closed a trade I always hoped the mispricing would go in my favor. If it did, it...
I had a system on C2 once. Let me tell you one way to game it.
It was a scalping system where the trade would be held til near the end of the day. When you exit a trade near the EOD the reported price was usually way off the actual price. Who knows why. When the price wasn't in my favor I...
yes, thats true but youre completely missing the point. the guy doesn't know how to trade. are you willing to back him hoping he might be one of the few that'll make some kind of profit in a year? well, maybe he has something to offer but he hasn't told us yet.