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A retail trader trading 1 million contracts? Add me to the lol-ers group

It depends on the type of the option. https://www.cmegroup.com/education/courses/introduction-to-options/understanding-the-difference-european-vs-american-style-options.html This article does a good job of explaining exercise times.

The author of the book himself?

This is an example of what could happen when it goes wrong. https://mikesolty.medium.com/an-example-bull-credit-spread-gone-wrong-23d005bf0a43 Beware of the market volatility, the main factor why your spread could work or not...

We have discussed fractals before. The main problem with fractals in trading markets is that "anything" can be a fractal. If you don't like those divisions on the chart that you drew in green you could always zoom in and out and go to a different time frame to find patterns that would satisfy...

That's right, good memory. Basically because I don't have a lambo. My biggest drawdown is 17k in a day, you can work out my biggest win from there.

Yes, we all know that you are doing small quantities, but keep playing and keep us posted. Especially with losses, they are a lot more entertaining.

Very similar to the link you posted for minis: https://www.cboe.com/tradable_products/sp_500/mini_spx_options/specifications/ There is another one for the parent: https://www.cboe.com/tradable_products/sp_500/spx_options/specifications/

https://bigthink.com/sponsored/day-trading-reality/ And yet you say that you can achieve 300% a year. Realistic?

You have to be told a few harsh things if you want to fix yourself. "I have been developing as a professional trader." No, you haven't, you are a gambler. You are nowhere near a professional trader. Someone who is professional would have understood the risk of gambling five times his monthly...

You assume that they run the same price for everyone, but that is exactly the scam, they don't. On a five-second interval is really easy to fake a level. Keep playing and you'll see that you barely break even or slightly lose. They run algorithms to keep you hooked by giving you small wins, the...

Of course, you can open an account at your own risk in a tax haven region, but the FCA won't protect your funds, which is the whole point of dealing with a regulated broker. Some have pointed out cryptos as similar vehicles, so I guess you could treat those brokes in Malta like having an...

Every strike will be an independent market with its bid and ask, you can treat it like any other market. These are the algos available with IB. https://interactivebrokers.github.io/tws-api/ibalgos.html I wouldn't use market orders, you might get unexpected results. Actually, IB will send you...

What broker are you on? Maybe someone can check if they get the same data

https://www.fca.org.uk/consumers/binary-options-scams The British love Binary options It makes sense, it would quite easy to manipulate a price for five seconds in order to fake an outcome.

The main problem I see here is that you treat regular options as a way to profit from your actions and that should never be the case. Options are an insurance on the underlying, so if you don't treat them as that you will definitely be in the situation you describe, an unfavorable position...

Agreed. It is just easier to import one of those libraries as we will eventually need them for extra calculations. Whilst it is true that we won't need them for basic statistics, those are just the starting steps of a program and those averages will be later used in more complex calculations...

No chart? We can't gossip without a chart. My bet is on 'stop hunting' , who is with me?

I just used the word "data" because that was the initial list provided by OP. The question is too easy to even ask GPT about it.

You can use numpy for those calculations on datasets. import numpy data = [12, 45, 67, 23, 41, 89, 34, 54, 21] mean = numpy.mean(data) median = numpy.median(data) print(mean) print(median)