Recent content by ShortVega

I see your point and agree that's how real world works and it was my mistake for giving the market maker a reason to fill me at way below market but it was just 1 contract and a matter of few hundred dollars. That market maker is not going to buy a Ferrari with these few hundred dollars. Some...

Unfortunately, TD Ameritrade did not correct this absurd fill of $5 when the butterfly was going for $16. I tried my best pointing out that this was absurd but they did not budge.

I will not be using market orders even when they are tied to stock prices anymore. Lesson learned the hard way but it seems wrong. The price of my butterfly was $14 when my stock stop loss price was hit. Then how can the order, even if it's a market order execute at $5 at that time? Actually, I...

Yes, I will put up a price alert from now onwards and try to get a better fill on my phone app, if I can't get to a computer. Lesson learned!

I entered a regular butterfly on a stock 3 weeks ago with the idea of closing one week prior to earnings. Time decay never kicked in even though the position had a 3 digit theta, negative vega almost 1/10 of theta and almost neutral delta. After almost 2.5 weeks of holding, shouldn't the...