Search results

Yes, this old fashioned broker is really just a sales guy. He is admitedly in it for commission. Is this case you are a step outside the market place and you are getting fleeced by a sales guy not an execution desk. Electronic trading is available (fast forward to the year 2006) so you do...

Payment for order flow is not stealing or hurting the customer. This is merely a way to offer lower commissions to the customer for possibly (not necessarily) lesser quality executions. It is law that this must be disclosed to the customer, so this should not surprise anyone...

Anyone know the Bloomberg ticker for the CBOT binary options? (Yes I check the website, yes I found the BUSC and BUSP symbols listed there) Thanks, :)

When you say straddle and stranggles are you talking about using an equity index? I am just asking because it sounded like you meant a straddle on the VIX, which may not be what you are looking for if you want to be long Vega. :)

I have found there to be pleanty of liquidity on the VIX options. I am not sure how many dollars you are throwing at a position, but you might call for a quote in size and see what you think. :)

Helpful hints for new traders... Your broker does not conspire against you... they benefit when you trade succesfully. There is no benefit to the broker when you lose money or get a margin call. While trade errors happen the market does not conspire against you either. Sometimes...

2 years before they expire. No one will park them for a fee anymore. :)

I am moving to L.A. How is the job market down there? Anyone have a firm they would recommend working for in the area? :)

Which stock? Which broker? Sounds like your broker has it set to route a certain size order to a non-electric system. :)

Well said. :)

I just want to know if a PPVF is a good deal or a crappy one based on the price. Since you work with these products could you tell me what are some of the more popular OTC derivatives today? :)

Does anyone have an excel sheet which prices Pre-Paid Variable Forward contracts that they can post? :)

I knew someone was going to post this... I did not want to take the time to Yahoo it before I posted. Have you traded on this market? Is there anything else of interest to this market place? Good stuff!! :)

Yes, I made it sweeping so I would not limit the responses. I do see your point of the different market places having many nuances. So thanks for the general answer and your input. It is nice when people take time to educate the rest of us. More specifically I have some various...

What exactly is a "sales trader" and what do they do? :)

I mean all emerging markets. From Argentina to Zimbabwe (sp.) I wanted an A and a Z country name but I doubt Zimbabwe has a stock exchange. I am curious how trading experience in the US may or may not parlay into valued experience in trading the emerging markets. I was hoping someone...

I am curious if anyone trading directly on any of the emerging markets would like to explain any differences in execution compared to the US markets. Thanks, :)

Anyone have advice for trading FLEX options? Specifically... Which floors have you had good sucess with? Any unforeseen problems? Recommended pricing method? :)

Anyone have any good Tax Harvesting tips for options? I read one idea for coverting your long-term losses on a stock position to short-term losses. 1. Sell your long-stock 2. Buy a deep ITM call option (triggers the wash sale rule) 3. When the call is exercised a new holding period...

Play Roulette instead... it is the Devils game. All the numbers on the wheel add up to 666. :)