Recent content by raf_bcn

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    SPY Dividend Plays

    ediiiitt. Big edit Everywhere I wrote itm put i meant itm call. Obviously. Like FSU said. I understand why you were confused . Robert Morse , sorry .
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    SPY Dividend Plays

    And my position will be hedged with the stock. Is the dividend arbitrage, exactly as FSU explained. I thought that all the market makers did it. It is a good idea if you have low comissions. It is posible to earn the dividend for free if your puts are not assigned the day before the ex dividend...
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    SPY Dividend Plays

    Yes it is he same .I said to sell an itm put and buy stock. FSU would exercise his call today, that is the same as buying the stock today.
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    SPY Dividend Plays

    Hi @FSU It is also possible to do this dividend play today by selling the itm put and buying SPY. But the margin required by IB is high, almost 2,000 for a single 250 put combo. Much more than the margin required for openning what you proposed. In the IB dividend schedule says that is going to...
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    invest in european options only ?

    So, that invalidates to sell boxes. Is very dangerous. If you are assigned from your itm short puts your new position will be totally unhedged, a lot of risk to the upside. IB is requiring almost 0 margin to sell a box in OEX but would have to be a lot more. At the moment you are assigned...
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    invest in european options only ?

    wow , didnt know that. but what is the underlying when a short put is early assigned ? thanks.
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    Theta is NOT the P/L of an option

    Sometimes is good to review what one thinks he knows. I am doing this in relation to option prices. Will read Taleb. Is the value of an option the cost of hedging that position ? The probabilities that are embedded in the option prices are risk neutral probabilities. The risk neutral...
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    The BYND fee rate

    Hi Thanks @FSU . I could close almost all my positions yesterday. I see that my broker have about 35,000 shares available to sell short, right now. And tonight some short calls have been assigned again, so I have some short position. And today the fee rate is 381 % . I am definitely going to...
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    The BYND fee rate

    I have received an IB notification that if I don't close my BYND short stock positions they will probably close it at the opening of the next trading. that notification was sent via bulletin only 1 hour and a half before the close , today , so they didn't give me so much time to close almost 80...
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    The BYND fee rate

    The broker, IB, hasn't communicated with me. I am short a little less than 10,000 shares. However, in the Risk navigator tool, there is a little warning that says that the SEC rule 201 has been triggered . It says that short selling will be restricted from JUN 11 15:30 I really don't know...
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    The BYND fee rate

    Ops yes, you are right. I 've got a lapsus here because I usually get assigned from the puts. This time , with BYND is the first time I have been assigned from my short irm calls. I am short a lot of BYND right now because of that.
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    The BYND fee rate

    It is easy to short the stock, sell itm puts and you are going to be exercised due to the the high interest rate. Shorting the stock with a synthetic it is not optimal in this case. The extrinsic value in the put that you are buying will be much more than the extrinsic value of the call that...
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    The BYND fee rate

    Hi The BYND fee rate has gone from 30 % to 168% in a few weeks. How high could it go ? It is affecting my options positions. It is a broker matter , or who decides that ? What is the reason or the logic for this increase ? Also the rebate rate is -165 % so it seems that the lender doesn't...
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    Managing Deltas / Hedging Frequency

    Yes , oops, sorry, I mean 1 % . But in fact I really almost never reach this limit.
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