Search results

A market maker is not going to price options strictly on BSM. Here's an example, if you were highly sophisticated (ie you have a team who can analyze the data, write the code, etc), would you price options based on BSM? I sure wouldn't. Here's some simple examples to wrap your head around even...

Saltynuts? Me? I don't know really. Saltynuts is one of the most prolific thread starters the last couple months, however I've noticed that as of late he's migrated from asking easily googleable questions to regurgitating mindless bullshit as replies to other people's questions. Truly a step in...

I was wondering if anyone else is having an issue accessing account management at IB. It took quite a while before giving me this screen saying account management is unavailable. I did try again, but still no luck. I then decided to check their system status, which indicates everything is...

Robinhood is the only one on that list that makes sense due to the nature of the limited research tools available through Robinhood directly.

And Scottrade is now owned by TDA as well. I wonder if you were to sum up TDA, Scottrade, and TOS numbers if they would have beat IB.

I had this problem with TWS on windows. I increased the memory allocation: Edit -> Global Configuration -> Configuration -> General -> Memory Allocation (in MB). What's yours currently set to? Mine is currently at 6144. That seemed to be enough. My assumption is that when this limit is too...

Even if you don't subscribe to data, they still have a minimum $10/mo in commissions. So if you make a couple trades and your commissions total $7, they'll tack on an extra $3 for that month. That said, consider how much in commissions you'd pay to your current broker and if you can save at...

I don't think an invasion is likely. Do you happen to know if their people need liberating? Asking for a friend...

This was Cramer's call on 3/22/2018: Here was his call approximately a year ago Of course he had many other calls in between. I'm not saying he's wrong on direction, just the timing. ;) Company Date Segment Call Price Micron Technology (MU) 03/22/18 D Buy $58.97 Micron Technology (MU)...

With regards to item 2, buying the OTM put as a hedge was intended to be combined with the synthetic long stock position (where synthetic long = buy atm call, sell atm put for example). The total position would be +1 call, -1 put, +1 put (where 1 put is equal in strike and expiration to the call...

1: options are standardized. If it wasn't always 100 shares that would get complicated very quickly. It does happen though. For example, when stock splits occur. I don't know the history, but I suspect it's because the standard "lot" size on a stock was 100 shares. 2: Use an options as a form...

OCA is controlled by IB itself and as such there is no guarantee that the cancellation will happen before the exchange executes the other orders, so yes you could get an overfill.

This statement makes me think that you may not understand the position you've opened. Do you mean that you don't think FB will drop below $170? The options trade you opened is a bet that FB will be below $158.96 on or before April 18th. The reason you're seeing profit now is that FB dropped...

So buy low, sell high? Sounds like a great strategy!

VIX options aren't cheap, but the bigger problem with your idea is the fact that they're european style, which makes timing very difficult. In case you're not familiar, american style options can be exercised anytime whereas european can only be exercised on the expiration date. The impact of...

In many cases, the price of medallions was manipulated by government through supply controls and as such was higher than what the market would have settled on had the government not put such supply limitations in place. Whether that should be considered a scam is based on whether or not you...

Trading floors is an OTC product that only professionals who specialize in that kind of thing can do. For retailers, you have to enter a multi-leg floor trade that, for regulatory purposes, also has to include a hedge of walls and some other junk otherwise your margin requirements would be insane.

To where do you wish to post/share your trades?

I know you were specifically asking for people who had problems, but maybe to help to reassure you, I held positions overnight in 8 different underlyings (US equity options) and I was not liquidated. However, I do see a single bulletin that appears to be related: Perhaps it was a display only...

There's threads started here regularly where people complain about IB and ask for alternatives. What it almost always comes down to is that unless you have a lot of cash, then your options are IB or Lightspeed. Lightspeed has its pros and cons as compared to IB, so whether or not it works for...