The small guy, well, smaller guy, doesn’t always lose these cases. He had a portfolio margin account with lots of options. Sounds like he met the margin call during the Covid crash, but their margin dept didn’t notice and blew him out anyway...
No, that effects which option exchange they route to, not the price.
the price issue as said above is due how you trying to quote at a disallowed price due to the increments for the contract.
https://www.sec.gov/litigation/suspensions/2023/34-97493-o.pdf
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of TOP. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act...
I was willing to short it on the news around $8, and thought I did did until Nasdaq busted all the trades after the open. Apparently they couldn’t get their act together and halt the stock for nearly an hour despite the SEC press release at the open suspending the ticker.
Is it better today than it was last week? I know IB margin requirements seem to increase into options expiration and then as the options expire, including if they were assigned, tends to then be lower afterwards.
but no, I Haven’t noticed large margin changes separate from investment...
Schwab has a bank, IB doesn’t.
https://online.schwabbank.com/login.do
https://www.barrons.com/articles/charles-schwab-stock-price-bank-selloff-4bb1ae5f
BBBY isn’t going to $100, it barely made it to $5 on a meme squeeze, and they’re already in an involuntary default months ahead of schedule. Read the early Q3 Pr and you’ll see the management begging for their jobs to the creditors. This looks like a liquidation to me, not worth saving the...
Some of the lists are wrong, of course. For example, some brokers included CPLP or NMM, companies that have “partners” in their names, but are actually corps and are not subject to this tax law. Here’s one PR where the company even says so...
I’m not sure about those two issues, but RMR and the family running it have a history of shareholder abuse and egregious compensation. Maybe there’s a sleaze premium in the credit spreads?
Integrated Stock Window has those colors on it and shows L2 (at least for stocks, like your example).
https://www.interactivebrokers.com/en/general/education/videos/tws-integrated-stock-window.php
This is why BDCs have done well. They’re mostly float rating assets backed by a mix of fixed and floating rate loans. So their costs are low and their returns are rising with interest rates. Here’s a well known BDC vs a BDC etf and SPY.
That’s incorrect - some brokers have that policy, but it’s not a regulatory rule. There are more risks to buy ins and such that some brokers don’t want to deal with.
I know people who shorted it yesterday.