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That is a good point, I never traded SPX. Still, I fail to see how that matters. Trading between bid/ask is almost the same on all markets. There are lots of stock with large b/a spreads and they too have MM's. There is nothing special about the MM's on SPX except for the fact that they have...

Good point and I tried to do just that. But the fact is that the man made a very untrue and misleading comment on the obligations of the MM. I think if someone is helpfull and tries to point how reality works and then gets told to fo, there is a logical necessity to put this guy in his place...

Thanks Goy, I have my fears, I'm just not ready to surrender, since that would also mean my disconnecting from this site. Maybe I mis-assumed that ET has serious advertisers as clients, whose target audience is now slowly leaving this place. If, as it seems to evolve, instead it is becoming...

Yes, I think you'r right. Although in this specific case I think he really meant what he said in his first post, and after 2 or 3 replies realized what in incredibly stupid n00b thinking error he made. So, unlike a real troll there was maybe no initial intention to sound stupid, but by some...

What truth, didn't see anything. You say that bidding the middle is a revolutionary idea???? I do that for many years already, with great succes. All traders do that, it's the whole purpose of the trading book and the bid/ask. If not a troll, then a charlatan. No truths at all, just...

Yes, a sad omen of things to come. If it goes on like this I fear that idiots like him are the only ones left on this board. My suggestion in http://www.elitetrader.com/vb/showthread.php?s=&threadid=101722 are even becoming more urgent. Please read and show support. It takes so long to...

SO you post some statement, almost everyone here disagrees and now you say they are all idiots? Doesn't it strike you as a bit strange that everyone you 'meet' here is an idiot, and you are the only one right? Even statistically that is very unlikely, should start you wonder, I would. But...

I did and I do and they will, but not for the reasons you gave. No rug-pulling at all. Ursa..

So bidding between bid/ask is now a method? LOL! I don't get it, first my comment doesn't count because I trade several of the many many other options series around instead of SPX, and now you advise everyone to stay away (as I did for several years now)? What's the message? I think your...

Oh wise one, please explain to us where you found that the MM has to trade any number of orders at the last bid/ask? You never seem to answer a question, I wonder why. Also, claiming that an option is way overpriced without willing to sell them massively is just a show of ignorant babble...

Don't knowwhich broker you use, but at IB using the spreadtrader I would enter a fair 'middle' price and wait, This usually gives mea fill after 15 minutes at the most. Is that what you mean? Ursa..

I'm aware of that. But when their number exceeds a certain treshold, which is what's happening right now, then all that will be left are the babbling lunatics. I'm not saying I have that much of importance to say, but when I'm considering leaving for good, I just know many others will too...

To make it clear, I'm not suggesting banning rules; they don't work; it's too subjective and the process of getting banned gives these psycho's a kick. The system I propose makes the idiots go away by themselves. After installment it doesn't need any maintenance and will gradually improve the...

If you think that, why wait untill december?

I thought that was the best part :p Ursa..

Where did he say he's a MM? Never saw that statement. Learn to read.

Well, you yourself said they were heavily overpriced, so it is a sure profit. Just explaining how the market works: if they're overpriced someone will jump in and take'm all. Sorry if this is too theoretical for you, my intelligence doesn't permot me to go any lower. Shake your head slowly...

Since you are so scared of theory I tried to give a practical example. You now even dismiss that. It must be clear to all now that you don't know the reasoning behind your own statements. Do you still claim that the MM has to buy all 298 offered options at your last bidprice? The MM...

If you bid a 2-lot halfway and the MM still is at his original bid then anyone selling 300 limit at your price will sell 2 and have 298 waiting at the midpoint to sell. If he sells Market he will sell 2 at your price and 298 at the MM's price. How does the MM lose in either scenario? Ursa..

I agree, I'm on the otherside on most issues but I always respect his opinions and the way he words them. If only he could be a GOP candidate, wouldn't mind that at all, even if he won. Ursa..