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Congrats, that's a hell of an accomplishment. I can't imagine the site being against you mentioning it, you're an asset to the site and they should be thankful for your contributions as they make the site a better one.

weird story. almost sounds like they processed the assignments backwards and realized their mistake and shut off accounts so people didn't make the incorrect closing transactions after assignment. If the stock moved against you before you closed it out I hope received some sort of price...

Sounds like a good idea. I wouldn't say it's overprotective since its not required to set that from the sound of things. Probably helps people stay somewhat disciplined too I'd imagine

quarterlys http://www.cboe.com/micro/quarterly/introduction.aspx weeklys (doesn't look like ETF's though) http://www.cboe.com/micro/weeklys/introduction.aspx

Can be helpful to know the name of the strategy if checking to see what the margin requirements are.

That sounds like an IB policy since they're giving you the choice of whether or not you really want to place the order. It's in their best interest to do so. You're their customer and they want to protect you, keep you there, and keep you trading. Even if the error is 100% the client's fault...

Do you really believe that $2 above the ASK should be considered a "marketable limit order" ? I hope you never make a typo when placing a trade. When I think of a marketable limit order, I'm thinking like maybe .50 above the ASK tops. To me and several routing destinations $2.00 above the ASK...

It's really not that different than somebody that places a buy stop below the BID or sell stop above the ASK (reverse this for equity orders), do you think those just get banged out at the market? Nope they get rejected. Clearly an error for placing a marketable stop order, right? The...

Does the order cross the NBBO? Did you view the link to the CHX site? See the error message in the FIX guide? They put that information out there for a reason, primarily because the regulators want to attempt to protect client's that don't know what they are doing from entering stupid orders...

sure he can. If the ASK was 14, and he submitted a buy order @ 16(which would get displayed as the BID) that would cross the market by making it BID 16/ASK 14. Several of the routers the destinations use to send out orders to the exchange do this automatically. if you think the chx is...

happens all the time with online trading. Chalk it up to a learning experience. the market maker could really have rejected the order though for attempting to cross the NBBO. I would guess the order wasn't for that many contracts though...

the multiplier does not change, just the deliverable does. So if you buy those puts and exercise you receive $250 but only deliver out 5 shares. So those puts have an effective strike price of $50. Look at the Jan 2011 puts with regular 100 share deliverable and compare those with 20 of...

yeah, just depends on the resulting position I would think. I would think if it's just going to be a margin call then they'd let it go and only close it out if there was significant risk of the account going upside down as a result of the exercise/assignment. requiring a position to be...

given that they're called options house I wouldn't expect them to be the best place in the world for mutual fund trades. did they give you the option of taking the closing price you were due or the free trades? either way sounds like they were honest about the mistake and willing to try to...

basically if you don't have the funds on hand to handle the assignment or exercise then you should be closing your position prior to the close.

Ameritrade is not the only firm that does this. Firms do it to protect themselves and a lot of the time it protects client's that don't really know what they're doing. Not saying that about you personally, but there are a lot of gamblers out there that trade online. 4 hours does seem a...

yep, even though some of the underlyings only go til 4.

margin is required to trade American style spreads. this is covered in FINRA rule 2520

CBOE site has a margin calculator that you may find useful. Fill in your info(prices, strategy, etc) and it will tell you what the requirement is

besides a complete collapse in the underlying the only chance of you not get assigned is if someone long those calls chooses not to exercise, which would be pretty unlikely considering those calls are deep in the money