Recent content by craigr1

http://www.finra.org/sites/default/files/aao_documents/16-00131.pdf I was hopeful the community would be helpful and was wrong so I'm going to stop following this thread. If you think that I fabricated this to sow discord with the intent of provoking readers into an emotional response or of...

Will you explain the math you used please? My previous experience with Etrade was largely fine as well and I negotiated pricing that was better than competitors. However their order routing and proprietary trading leaves a lot to be desired. I had margin for more than a 60% move against me in...

Bob, I understand your perspective as someone who works for a broker, however the SEC is already investigating and awaiting Etrade's response. Per the second principle of the Securities Act of 1933 and the Securities Exchange Act of 1934, "companies that sell and trade securities (brokers...

It's not a short strangle, you can ignore the top position. I apologize for the confusion. Though it's profitable, it's not what Etrade seemed to care about and I was told it didn't matter if I liquidated it, though I was thanked for the offer. The position became less concentrated due to its...

I just don't want a community of traders to know what my positions are. Good question. I think Etrade would have used that excuse rather than using highly concentrated if I exceeded the position limit. Moving past the positions and Etrade's rationale, I'm still hopeful for insight and...

Understood but the position moved far in my direction and therefore became inherently less concentrated. Note that within seconds of my having a large amount of cash available for withdrawal even with the 880% increase and a position that was and continued to be profitable for me another 99.9%...

You're preaching to the choir. As proof, see attached with positions and account information removed. As can be seen from the last price compared to the positions themselves, both positions moved in my favor. What would I gain from posting this if it were untrue? This was an extremely large...

I made a mistake.

To put it simply -- a further explanation is below and I have recordings of everything -- I sold options to open set to expire in about a year through Etrade within all their parameters. In fact, I had them write the margin requirements in paragraph form and screen printed the margin calculator...

I've been surprised by the Exposure Fee InteractiveBrokers imposes but found that it is often a very small percentage of the possible gain and that their margin requirements are less subjective and more reasonable than that which exists at other reputable brokers.