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What book was Nick Lesson reading when he tried to escape justice by flying to Germany?

what's the difference between a salesman and a salestrader?

In Tom Wolfe's Bonfire of the Vanities, was Sherman McCoy a bond trader or a bond salesman?

For some reason, I thought they used SPAN instead of PM.

Odd.I this the case with all brokers? I alsotalso PM was $250k? Pretty sure I traded options on ES in a small account at IB once, too, without PM, and in an IRA no less.

What are the account minimums to sell one OTM SP 500 options (futures, not the index) with say 30 points between the short and long call? I imagine 30 X 250 or $7,500, right? But is there an additional margin that would be required if all I put in a brokerage account was the $7,500? Does it...

Thanks everyone. Pretty much goit what I need.

Looking more for a recent Robinhood mishap. Don't expect to find it here, but just covering my research bases.

Happy to PM on this thread, too.

Yes.

For an interview. Can do by phone or email.

I switched out of IB, which never charged me for a tender offer, to TD Ameritrade and Fidelity, and they nicked me $32.95 and $38, respectively, for a recent tender. What brokers besides IB don't charge or it's a nominal charge for tendering shares?

thanks. makes a little more sense now. Talking two-year options.

I hear a back-of-the-envelope percentage guess for an option winding up in the money is to look at the delta. True? Does the usefulness of this measure vary with longer-term options? I have a LEAPS put OTM with a delta of -5.30. That can't possibly mean the option as only about a 5 percent...

Not sure if this is the right forum but here goes: Is VIX VRP posted anywhere on a delayed or real-time basis? Is just taking the VIX / SP 20-day HV useful or too-back-of-the-envelope? Thanks.

All good info. Tks.

Hmm, IB gave me some half-cocked reasoning. Maybe I will try again with more specificity. Any very first baby steps you'd recommend for programming? I'm 65, so I don't know how much commitment I would give to taking up programming at this point in life. I'm also assuming that sometime soon, the...

Just want to let it run for a year or two ... seems easier to automate than to punch in daily, risk missing a day, etc.

Not a programmer here, just looking to do an overnight trade and then forget about it, say buy SPY or SLY MOC and then sell MOO then repeat. Fidelity, TDA, TOS and IB either don't allow this or put up some roadblocks.

Given the percentage of these dogs that actually do disappear, anyone thought about the pros and cons of going long puts on them or shorting? Or are options rarely available on them and shorting availability and fees make it uneconomic?