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  1. S

    So if I short an ETN...

    I don't think the last thing is an issue you have to worry about, the whole thing is basically frozen. The margin I would think would be up to your broker and may vary wildly depending who you're with. Let's just say I wouldn't want this to happen with IB!
  2. S

    Super long expiration leaps

    Was anything I said incorrect, always happy to learn? Is time not less and less significant the longer you go out in an option? Is the function not exponential? Does the price of an option not eventually approach the price of the security?
  3. S

    Super long expiration leaps

    Take a look at the time variable is BS. Hint, it's part of an exponent. In fact a 2025 put won't sell for much more than a 2020 put. In fact what actually happens is that the price of the put asymptomatically approaches the price of the stock, which is itself a real option. If the extrensic of...
  4. S

    New way to avoid Pattern Day Trader PDT rules

    Wait a minute, you're saying the exchange takes the other side of the trade? Not sure that would pass muster with the SEC, let alone be a place you'd want to go anywhere near!
  5. S

    Super long expiration leaps

    You call your broker at GS and tell them what you want to trade and they go search for a counterparty, or potentially act as your counterparty. All very high touch and they're not going to do it for you unless it's going to be worth their while, plus since they're exposed to your counterparty...
  6. S

    New way to avoid Pattern Day Trader PDT rules

    For sure. It would be tough to attract HFTs to sink the investment in to code for your dark pool when you have no volume and are specifically targeting very small transactions like these guys, but maybe the lack of sophistication of their targeted market segment is meant to make up for that. It...
  7. S

    Amazon is looking for entrepreneurs to start their own delivery service networks

    You don't personally work 365 days a year, your company does. That's why you hire employees, set up shifts....you know, run a business. Lots of us run companies that operate 24/7/365 and only personally work 40 hours a week, less if you're doing it right.
  8. S

    Super long expiration leaps

    Go work at the company you're interested in and get employee stock options, about your only option if you're not an accredited investor.
  9. S

    New way to avoid Pattern Day Trader PDT rules

    Well if you want to have an entirely different conversation about an entirely different thing than we certainly can. It now appears that you're concerned not about obtaining a price that was half-way between the NBBO at the time you entered it, but in ensuring that you can execute volume without...
  10. S

    New way to avoid Pattern Day Trader PDT rules

    You can get midpoint execution anywhere. The more execution venues that you can shop your order the better price you'll get, that's a basic markets concepts that's existed since souks in medieval times. The fact that you're trading on a dark pool isn't what gets you better execution, it's the...
  11. S

    So if I short an ETN...

    You still have to return the shares you borrowed to the person you borrowed the shares from. How do you do that if the ETN no longer exists? Eventually the company will liquidate and determine exactly how many pennies shareholders will get on the dollar, but until then you're still holding a...
  12. S

    New way to avoid Pattern Day Trader PDT rules

    Well there goes the last part of my idea, already professionals signed up to pick off the suckers. It's hard to see how you end up with anything but poor execution when you limit yourself to one ATS that currently has 0% of the world's trading volume.
  13. S

    Are options in TVIX, UVXY, VXX, SVXY, cash settled or in-kind settled?

    You buy an option on a stock/ETF/ETN you get delivery of the stock. There aren't any cash settled options that I'm aware of on a single stock and unlikely to ever be any because of concerns around manipulation.
  14. S

    New way to avoid Pattern Day Trader PDT rules

    So you need someone on their ATS (of the "retail investor type") to happen to want to sell the same stock at the same time as you do? Maybe work for about the top 10 most liquid stocks, otherwise there's not going to be any liquidity. Ever try to trade a SSO, I imagine it will be like that...
  15. S

    NFL star turned Wharton MBA grad landed a big job at Goldman Sachs

    Which is something this individual is uniquely suited to do, even if he only targets current and former athletes. It's a super tough job for most of us, but probably the perfect job for him.
  16. S

    Copper - Tariff affect ?

    Funny thing, that same job earns you $25K and doubtful medical if you're in Tupelo, Missippi, or Baton Rouge, LA, or Tuskaloosa, AL. Why are jobs pay so low, anyone want to guess? They're all the south, all places where jobs have always been lower paying than other parts of the country, all...
  17. S

    Is this possible and probable?

    I think the key, and I haven't done the research to know, is how many times you see 2x or 3x regular volume pile onto a trade to drive the price in one direction....and it either keeps going in that direction or stays there? Any insights, sounds like you've looked at this in a lot more detail?
  18. S

    Standing Desks Vs. Treadmill Desks Vs. Dying at My Seat

    How is it on your back? I found the standing desk hard on my lower back after about 20 min, but 20 years flying helicopters might be the culprit there as well.
  19. S

    Is this possible and probable?

    Could it also be that one party is driving the price down (a big institutional order) and another is taking a risk that this is what's going on and buying? Sometimes they were right and they do well. Other times they guessed wrong and it was a secular move and they lose out. End of the day...
  20. S

    VPN's for Trading While Traveling?

    Like the NSA I could give fuck-all about you and your information, let alone where you live. That doesn't change the fact that your advice is horrible for anyone in the U.S. (As I type this from Europe where I am able to use VPNs to get around U.S. services that IP block by location, a real...
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