Recent content by ferrycorsten

Not so super anymore. I guess this could explain how we were all clueless how she didn't blow up 4 years ago. https://www.sec.gov/litigation/complaints/2016/comp-pr2016-98.pdf

Where do you work? Bluefin? Optiver? Or your living room? I didn't miss anything, because you haven't provided any evidence to back up your claims, and the fact that you "do this for a living", yet you need to come to ET to understand market microstructure and insider trading is a joke.

Regardless of whether it was insider trading or not, you can't defend your loss because you are perfectly content running a leptokurtic operation. There is nothing wrong with that, but if you understood the risk, you wouldn't be complaining. I think all the time you would waste with the SEC...

what kind of shady stuff did he do?

This is great. I wonder when it starts.

got another reply from IB: The following explanation is to clarify the logic behind the additional charge assessed to the VIX spread in question. Although there is a maximum loss associated with the spread, that loss presumes holding the spread through expiration. We cannot presume...

ok so i got a reply from IB. vix options are span margined. "There is a calculated margin requirement for long VIX vertical option spreads. You will find this notation at the bottom of the Option Margin page at this IB web site link:"...

euan sinclair, "option trading".

There is no other exposure. Just a long call spread.

I called them today. Their response was "we have special margin requirements for commodities". I said are you telling me I should have 5k in margin on a long call spread that costed me 2k? This is absurd. What can I do? I have to go through five people to reach the margin department. That's...

nice suggestion

trust me what i'm saying is true. same maturity. they are charging me margin on a pure long call spread.

can anyone explain the logic behind this? it's a debit spread, on the same underlying, yet they still charge margin.