Search results

  1. Robert Morse

    Best programming language for trading?

    I'm not a programmer but we offer LS Trader and Realtick that both offer an API based on C++.
  2. Robert Morse

    Help understanding Credit Call spreads

    There are a number of items to point out. Expiration is 6/15/2018 not 6/16/2018 TWS is Time Warner and involved in a corporate take over by ATT&T so markets are VERY wide. It is not clear to me with wide markets, when you thought the spread was trading at $0.25 or what your expectation is of...
  3. Robert Morse

    new TDA API

    Are you sure TD is the best solution for automated equity trading? Send me an email if you want to discuss what we offer.
  4. Robert Morse

    Have you bought an OTM option for the home run?

    The one exception for me was a warrant. I had a very good understanding of how the warrant traded and what it was worth. There were also option on that stock. I was a market maker in the option. I looked to buy the warrant, which was OTM, for a discount to options with a similar strike price...
  5. Robert Morse

    new TDA API

    What asset class are you trading? Do they offer their equity API users DMA or just the broker routes?
  6. Robert Morse

    Have you bought an OTM option for the home run?

    Yes. But then they lose it trying to replicate it many times over.
  7. Robert Morse

    Looking for Pre Qualified Leads Service

    I’d say the days of retail brokers and asset managers cold calling leads are dead. You have to check the do not call lists. Most younger brokers for the big firms do seminars within their expertise to get leads.
  8. Robert Morse

    Looking for Pre Qualified Leads Service

    Can you better explain what you’re looking for. Maybe an example?
  9. Robert Morse

    exercising an option

    I’m no longer an active trader. I’m a sales person for a US registered broker dealer. When I was an active trader, my focus was on single stock options plus a few ETFs like GLD and USO as a market maker. I was a member of the AMEX. Cash settled indexes are only on the CBOE. I had no edge here.
  10. Robert Morse

    exercising an option

    These are leverage products for experienced option traders not beginners. http://www.cboe.com/products/stock-index-options-spx-rut-msci-ftse
  11. Robert Morse

    Risk Analysis - Critique

    I do not expect you to respond to # 2 and #3 in public but it would help to know: Is this real trading? Monthly cash P/L as a percent of your account size? What is the size of the account? Do you use excess leverage or stick to SPAN? What percentage of SPAN do you use as a max? Day trading or...
  12. Robert Morse

    exercising an option

    Then you would have to stick with cash settled index options if you trade US markets. You can hold those until they settle.
  13. Robert Morse

    exercising an option

    No. It would be best to learn about option, how they work and feel comfortable with the process. Then develop a method to determine where you expect a stock or index will or won't trade over a time period, then look at what options are available and how they are priced, then execute a single or...
  14. Robert Morse

    exercising an option

    Yes. Please do not trade any options until you have a full understanding of how they work and how they trade. https://www.lightspeed.com/trading-education-center/...
  15. Robert Morse

    Thread counter

    Baron, It would be interesting to see a count of the number of members following a thread. That way we can few the interest in the thread, when interest drops either from comments or lack of them. I know I tend to leave when the thread goes off track or there is fighting not relevant to the...
  16. Robert Morse

    MOC order for expiring options

    Kirribilli, My advice is to never, ever, ever use MOC or MOO orders with options. There are 15 option exchanges. There is no central auction market. You have no protection on bad prints. Many MM go wide at the close. Many brokers route those orders to a DMM that executes on a best efforts basis...
  17. Robert Morse

    Question about options

    I find this statement confusing. Same for the entire question. And, there are no risk free ways to make above the riskless rate.
  18. Robert Morse

    Sterling Trader API Quick help!

    If you were my client, I would be your advocate and get a response.
  19. Robert Morse

    Sterling Trader API Quick help!

    If your developer can't get answers, you should call.
Back
Top