Recent content by Petro

I spoke with my IB rep a last month about this. I quite frequently short vol and he called me to warn me about this fee. He didn't think it would affect me as my leverage isn't as high as apparently a lot of people on here, hehe, but he wanted to give me a heads up. You basically hit the...

Guess it was my lucky day, I logged in this morning with no problems

4:30 in what time zone? Where are you located?

What time of the day was it? Based on the chart in your picture, it was after 4pm, is that right? If so, you can get all kinds of weird bid/ask info on stocks you can't trade in the aftermarket.

My stop orders have been triggered and filled fine, they put out a bulletin at 19:35 EST that "CME data is currently unavailable"

Not bad, didn't have a whole lot of exposure on going into the week because I was worried something like this might happen. Used the spike in volatility to put more out

not sure what the prices were when you first posted this, but here is the issue I'd have with putting this play on. You'd pay .84 for the C14's and .60 for the P13's and receive .50 for the C15's. Net out, you're paying .94 to enter the position and that's not including commissions. If BBRY...

one way to estimate would be to compare it to the current option chain. For example, if you want to buy option X when the underlying is $2 away from the strike, look to see what the current option which is $2 away from the strike is trading for and set your limit order to that price. Of course...

who are you with now?

assuming there are no other trades going on in your corp account, you could submit that to potential investors/auditors as proof of your track record without setting up another legal entity. Where you will most likely run into issues will be if you actually get any investors and the vehicle you...

No, it isn't. I tried to complain about it. We're institutional investors and told them no one else we deal with does this. We were referred to them from a guy in Canada who goes through their US office but that was before they opened a Canadian office. Since that is now open, we were told...

RJO Canada is TERRIBLE!! I tried them a couple years ago and on their futures trades they charge and extra "service fee" per side that the US clients don't get charged. It was something like $10 per trade. Did one trade, had them reverse the extra charge and closed the account down.

That's a huge conflict of interest for a CTA, even if you disclose it to your clients. If your PA ever outperforms your fund/managed accounts, good luck explaining that to your clients and keeping any.

Nope, not at all. I don't need to know specifics, like if you're trading options, what is the exact formula you use to determine which ones you're buying/selling, but we do need to know the rationale behind the strategy, what you're generally doing, etc. You'd have to be an idiot to give...

looking to keep this local so I figure I'll post it here vs somewhere else. I might have $1mm of my firms capital to allocate to one or more traders ($250-500k per). We're looking to diversify an internal trading team. Depending on performance and our capital raising efforts, that figure has...