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That Benzinga article is from 2010. Seriously? Whatever that guy is talking about is completely irrelevant today. He's babbling about the sovereign debt crisis in Greece. You might as well be talking about something that happened to the stock market during World War I.

This has been studied extensively. Historically, VIX has exhibited an inverse correlation with SPX, i.e., when the market drops sharply, VIX would spike upward. It has been used as a hedge against sudden market crashes, and to a lesser degree, as a hedge in a general bear market. VIX certainly...

What are you talking about? Outright? What does that mean? Are you referring to the underlying security or index of an option? And what do you mean by voice and chat? The simple fact is that most trades of stock, options, and futures are now processd through electronic platforms that do not...

Professional traders did not have to adjust to retail trading. They had to adjust to trading from a computer instead of open outcry. Trading from a computer, they still have access to systems and tools that most retail traders cannot even imagine. The adjustment was happening long before COVID...

I'm not sure whether you think my post is strange, or if you are referring to the CBOE press release. I think it is interesting that open outcry not only still exists, but that the CBOE spent a boatload of money to build a new facility. I can't cite any data right now, but I'm sure that a...

It was closed from March to June in 2020 due to COVID-19.

This press release is from about a year ago. Apparently I missed it. https://ir.cboe.com/news-and-events/2022/06-06-2022/cboe-opens-new-trading-floor-begins-new-era-open-outcry People have been predicting the demise of the open outcry trading floor for a long time, and many thought that the...

I have not yet analyzed the specific example in the original post. But I think all three comments are relevant. With SPY there is pin risk, and with that comes the risk of assignment. SPY has a dividend, which can trigger an early assignment. if you get assigned on a short leg, then not only...

What are you talking about? I recognize VZ as the symbol for Verizon. What is the magic pencil, and how is it relevant to KR?

Looks like Schwab allows it... Schwab also allows selling cash-secured puts in an IRA, including UVXY

I suppose maybe... If you had a position in SPX options that was, for example, five contracts... And for some reason, say, I dunno, risk management, whatever, you want to exit half the position... Then I guess you could do that with 50 contracts of XSP options. But in a retail account, I...

Okay LOL But @earth_imperator is aksing why SPX has volume on Yahoo finance.

Fair enough. But I am asking a different question: Why would anyone with sufficient capital choose to trade XSP options instead of SPX options? What advantage is there? And why would you want to pay more commission? You can establish the same position in SPX options with fewer contracts, and...

SPX is an index. It is not a stock, or an exchange-traded fund, or anything that can be bought or sold. It is a mathematical construct. It is not a security. If you believe that it is a security, then please identify the issuer, the number of shares currently outstanding, and post links to that...

I was also referring to the options. I'm not sure what you mean when you refer to the underlying, or when you ask if I "trade SPX." You cannot buy 100 shares of SPX or XSP. They are underlying indexes, and there is no underlying security that can be bought or sold. You don't need $400K in...

Yes, but what is the advantage of trading XSP over SPX? When they cut the value of the index to ten percent, the final digit gets rounded up or down. At settlement, that can work for or against you. I suppose statistically it will even out over time. But I still find it kind of annoying. But...

The original post in this thread is titled: "Gary Gensler faces Market Maniupulation Charges..." and @Tokenz copied and pasted this article: https://www.tekedia.com/gary-gensler-faces-market-manipulation-charges/ Just for a quick comparison, here's an article about a public figure who is...

That's interesting, but it doesn't prove that he broke the law. Relationships like that are very common. People go back and forth between government, private sector, and academia all the time. Binance has hired an attorney who previously worked for the SEC to help them fight the case. Ellison...

Yes, but @Tokenz said that anyone can look it up on Google. And when you do a Google search for "Gensler facing charges," the article that he posted from "Tekedia Capital" comes up as the first search result, and it says "Gary Gensler, the chairman of the Securities and Exchange Commission...

Yeah, I'm sure that will happen right after Hilary Clinton is arrested for running a pedophile ring out of a pizza shop. You ready with your AK-47?