lol call to put conversions were done OTC before listed options were trading. It's the synthetic so it's best practice rather than calculating it independently using a vol-figure. It's not a work-around. WTF is wrong with you?
Imagine the guy having someone in his org prescient enough to talk to a sell side desk and asking for a hedge only to find that they are going to mark his position to $22. ;)
What is their motivation?
By putting you on liq-only they lose exercise fees and commissions. It's in the best interest to nickel you until you're gone. They are acting ethically here by saving you from yourself.
By selling the deep cs you are BUYING the deep OTM ps. There is no advantage to...
And I'm the king of England.
I've filled SN calendars at zero outlay into the earnings vol-switch. So what? We're talking about index here and all you've shown is some fool shorting gamma in diagonals.
The difference between your bear call spread and the box is the put spread. There is a...
TL;DR?
Poor opens thread stating that a stale mid quote on a *0DTE* bear spread *15% ITM* = arbitraj. He's never going to short at 100. He's locking what is practically an arb-loss.
He's never been filled with a credit = strike width and he never will. Nobody with inventory in this shit is...
That's great, but it's of little consequence. Sosnoff was a terrible floor broker. I don't know WTF you're talking about there.
If they know so much then they should be requiring a haircut on these moronic 0.00 debit/strike width credit verts.
You've stated repeatedly in this thread that TT will not allow you to close your bear vertical spread. "Closing only" refers to prohibiting you from opening a new position. No broker is going to prohibit you from closing a position. You didn't fill because you were never marketable in a short...