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  1. Robert Morse

    Orders Tied To The Bid/Ask

    It is not an algo, but you can start with one limit, then increment or decrement the price in penny, nickel, dime or quarter levels. They can be color coded.
  2. Robert Morse

    Orders Tied To The Bid/Ask

    Email me directly and I give you a demo and the current promotion. My email is in my signature.
  3. Robert Morse

    Orders Tied To The Bid/Ask

    Option hot key to buy 10 calls, bid plus $0.01, to open order close.
  4. Robert Morse

    Orders Tied To The Bid/Ask

    Equity Hot Key to buy 500 shares that way on Lightspeed Trader.
  5. Robert Morse

    Orders Tied To The Bid/Ask

    Equities or Options?
  6. Robert Morse

    Caught speeding?

    A friend of mine, about 15 years ago, was doing 110 in a 65. Gave that to the cop with is DL and Insurance card. The cop laughed so hard, that he gave him a warning and not a ticket. I would not try it.
  7. Robert Morse

    Selling naked calls.....

    I’m sure Orats can and has back tested this and I expect the results are the same as doing the same without the dividend.
  8. Robert Morse

    Caught speeding?

    I carry one of these.
  9. Robert Morse

    Why can't I trade both bid and ask simultaneously?

    The problem with regulatory rules, is that are often vague in details. That creates a situation where compliance officers need to side on the conservative side. Regulators have often in the past fined Brokers for details not explicit in the rules. Like they should have known. "CBOE Rule 6.8C...
  10. Robert Morse

    Non-professional versus professional data fees

    No. TTS is not a question on the NYSE questionnaire.
  11. Robert Morse

    Why can't I trade both bid and ask simultaneously?

    These are not wash sales we are talking about. We are talking about market making as a customer where both sides are to open.
  12. Robert Morse

    Why can't I trade both bid and ask simultaneously?

    That is a good question that I’m not comfortable providing my opinion on in a public forum. The reality is that a MM is a regulated trader that has quoting and other requirements that customers do not have. Customer orders have priority to firm and BD orders. The exchanges do not want to provide...
  13. Robert Morse

    Why can't I trade both bid and ask simultaneously?

    It is against option exchange rules for a priority customer to be on both sides to open. A professional customer is allowed to but IB needs to have the ability to change Compliance settings.in addition, you have to tag your orders correctly. If you enter buy 10 to open and sell 10 to open, then...
  14. Robert Morse

    Non-professional versus professional data fees

    https://www.nyse.com/publicdocs/nyse/data/Policy-Non-ProfessionalSubscribers_PDP.pdf. This is the best I can do in a public post.
  15. Robert Morse

    Non-professional versus professional data fees

    If I had an LLC, IRA, Roth IRA, joint account, and Individual account all at the same broker, with the same platform, I would only pay once. If you choose to have two IDs and two logins, you will likely pay Pro for the LLC and non- pro for the other. I will always be pro for data on all my accounts.
  16. Robert Morse

    Non-professional versus professional data fees

    You pay per user login. If your broker allows you to toggle back and forth on one login, you should only pay once, the pro fee.
  17. Robert Morse

    Non-professional versus professional data fees

    Equities, yes. Futures, depends. Equity markets only provide non-pro data to a "Natural person" trading their own money and not registered in the industry. Some futures exchanges and market data providers in futures, have an exception for a small company. Any Inc or LLC is not a natural person.
  18. Robert Morse

    Trying find best option for data feed + trading platform + order routing

    Depends on the broker, about right.
  19. Robert Morse

    Trying find best option for data feed + trading platform + order routing

    You need to check with your broker to see if they allow it for retail accounts.
  20. Robert Morse

    Trying find best option for data feed + trading platform + order routing

    I agree that CME Direct has the look and feel I like with RFQ spread requests. The problem is that most FCMs will not allow it for retail accounts as the risk/margin/position management does not make the FCM comfortable. I was told I needed $250k and they still prefer I use other software. Did...
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