Recent content by ljwobker

I'm trying to figure out if I got this right. The attached screenshot from the TOS interface shows an example order I put together, but I'm trying to confirm that all the knobs mean what I think they mean. In this particular example, what I'm trying to do is this: - buy 100 CEF @ LMT...

Incorrect. Giving different rates to different customers because they are (black, or white, or jewish, or little green men from mars, or whatever arbitrary pre-judged criteria you want to use) is discrimination. Different prices for different customers is called business, and I have never ever...

Ok, that mostly makes sense. But isn't it possible that the spread (and thus the risk) could be large enough that the broker would want to use that in the calculation -- basically getting us back to the calculations from a) or b) above?

OK, so that mostly makes sense. If we look at the margin calculations described here, which component is the spread... we originally had: a) 20% of the underlying stock, less the OTM amount, plus the mkt value of the options b) for calls, 10% of the mkt value of the underlying, plus the...

I'm new to this, so apologies if I get any of this wrong. I'm good at math and understand equity trading well enough, but I've started reading options and am still trying to learn all the lingo and various broker terms/rules. ;-) So all that said: consider the following trade: Long (qty...