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  1. Robert Morse

    Identifying a possible option strategy

    A little hard for me to follow with your terminology. Are you looking to buy the 108/110 call spread with the stock trading at 100? If you buy the 108 calls and sell the 110 calls, that would be a debit spread. If that is true, you can enter that as a spread with a complex order ticket. With...
  2. Robert Morse

    how should i insure following investment vehicle in 529

    How old is your daughter?
  3. Robert Morse

    Tastytrade, Peak6 invest $10 million in new exchange

    I have consistently spoken out against fractured markets. The only advantage to many markets is if they compete based on cost and/or technology. I prefer to have one market for price discovery, pay one market data fee and have one counter party that is well funded. I see no advantage to another...
  4. Robert Morse

    Creating a commercial account for your LLC type trading vehicle

    We have not had any issues with corporate accounts here, but you need to form them 1st and have a bank account in the same name.
  5. Robert Morse

    shorting idea, what are the popular tech stock with highest P/E ratio now?

    Check this out to find stocks that meet your criteria. https://marketchameleon.com/Screeners/Stocks
  6. Robert Morse

    How do I avoid market glitches in the future?

    Can you ask the question in another way? Not sure what your question is.
  7. Robert Morse

    What metric do you use to keep track of skew?

    When I traded full time, I looked at the diff in IVol between the 25 Delta call and the 25 Delta put. I also found it showed changes short term supply/demand.
  8. Robert Morse

    Finding options with a good roi

    Try https://cmlviz.com/
  9. Robert Morse

    The data when you trade with props like TST or E2T

    https://www.cmegroup.com/market-data/distributor/files/non-professional-subscribers-faq.pdf https://www.cmegroup.com/market-data/distributor/files/exhibit-a-to-schedule-4-non-pro-self-cert-form.pdf
  10. Robert Morse

    The data when you trade with props like TST or E2T

    They do not. And pro vs non pro market data rules are exchange based and they look at your current situation.
  11. Robert Morse

    Looking for a prop firm for U.S. equities

    I work for Lightspeed, a division of Lime Brokerage. The software is owned and sold by Sterling Trading Tech. I'm familiar with the way US regulated JBO prop (Your money as first loss) and traditional prop firms work. JBO firms want little or no risk overnight as the revenues from the firm come...
  12. Robert Morse

    Dumb luck..........?

    Sounds like a great start, Don't scale yet. Start each day fresh and don't look back. No such thing as house money.
  13. Robert Morse

    Former Chief FX Trader at Citibank - Ask me a question

    That is of course up to Baron but he has not tried to sell anything yet.
  14. Robert Morse

    Former Chief FX Trader at Citibank - Ask me a question

    I do not trade any of those and my knowledge is very basic vs Equities/Options/Futures. My concern with non-deliverable forex has always been the decentralization of quotes and counterparty risk. The customer can only see the net bids/offers from banks after spreads on just that system, while...
  15. Robert Morse

    Looking for a prop firm for U.S. equities

    In my experience, the 20:1 is possible but I'm not aware of any Prop firm that would allow overnight leverage at all. At best, 2X. Unless you are long/short, the risk is too high. And, it is a transaction business, so they get no benefit from you doing anything except day trading.
  16. Robert Morse

    Former Chief FX Trader at Citibank - Ask me a question

    Welcome. My firm, Lime Brokerage, is a US based BD and Introducing broker. We do not offer FOREX or SPOT FX, only FX futures on the CME because of regulations. I see you teach FX trading. Do you ever teach FX futures? Is there any reason not to trade futures?
  17. Robert Morse

    Does the broker make a difference when executing limit orders?

    IB gets PFOF for options. This is from their 606 report. Payment for Orders: IB receives payments for certain orders in varying amounts from U.S. options exchanges, specialists and/or market makers pursuant to the mandatory marketing fee programs that have been adopted by the exchanges and...
  18. Robert Morse

    Tax loss harvesting deadline extension?

    I was once told an LLC can go back a few years with losses, but was not able to find that. That would not help him, as the asset was not owned by an LLC. If true for others, it would allow them to take the loss in 2019, but go back and get a refund if all of 2019 is a loss.
  19. Robert Morse

    Tax loss harvesting deadline extension?

    I expect equity trades a based on trade date. You should try these guys. https://greentradertax.com/
  20. Robert Morse

    Tax loss harvesting deadline extension?

    Can't help with that one,
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