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I certainly agree, the last week and a half or so has been a real disappointment. It's one of those periods when I wish I wrote strangles or something. I just liquidated my own rapidly decaying options Thursday afternoon to avoid Friday's pricing in of the weekend's theta. However, my...

Hi traders, I imagine this has been discussed somewhere on this forum, and I know it has been sloughed off as an amateurish misconception, but if I'm not missing something, and please correct me if I am, one could capture the basis separating an SSF from its stock price for a risk-free profit...

That explains it. Thanks.

I imagine there is a simple explanation for this, but I haven't been able to find one yet: Why are there two versions of options on SPY? For example, there are two SPY June Calls at the 94 strike: SYGFP.X, with a bid of 2.10 and another SPY June Call with the same strike, bid 2.57, ticker...

We all know that leveraged ETFs have a tendency to exhibit the phenomenon of price decay, when compared to the underlying indexes they track. Now, do leveraged mutual funds (as opposed to ETFs) also suffer from the same problem of decay? I never hear any talk about the Direxion non-ETF...

I'll be really impressed if someone here can answer what seems to be a simple, yet is proving to be an unanswerable question: Where can we trade commercial paper? I know Fidelity offers it, but their selection is a bit limited. IB doesn't offer it at all. Does anyone know who deals in this...

Hi Traders, Is anyone trading commercial paper here? I'm at a total loss for information on how to do it. Could anyone lend a tip on what brokers offer trading in commercial paper and/or how to get quotes for the daily rates of different companies' paper? I think many of us would like to...

Hi Traders, Which broker(s) would you recommend for taking short positions in leveraged ETFs like those of Proshares and Direxion? I know of one trader who was short FAS and FAZ simultaneously and his shares were "bought in" by Interactive Brokers at an inopportune moment, so it does happen...

This thread has certainly caught the attention of many of us here and inspired a lot of responses in a short time! I agree that trading is relatively easy, as ways of making money go. Unfortunately, it's also very easy to lose money if you trade with borrowed money, borrowed shares, or...

I use the Direxion 3X ETFs, particularly FAS and FAZ, which move anywhere from 10% to 30% daily. I've seen them move over 40% in a single day a few times. Also good are TNA and TZA. Check out the Direxion site for the complete list of these 3X ETFs. Just don't tell Jim Cramer or he'll...

Hi traders, Does anyone know of any leveraged ETFs listed on foreign bourses, such as in Asia or Europe? It would be nice to trade a Direxion 3X type fund during the non-US market sessions. Thanks.

Hi traders, Does anyone know of brokers that provide for basket trading in which quantities of stock in the basket may be allocated as dollar amounts? If I want to place a market order for, say, 10k of one stock and 10k of another stock for a pairs trade, what are my options? I know that...

You might bear in mind that many of the contributors to this forum are not native English speakers, and spelling is one of the notoriously daunting challenges to learners of this language. I'm happy that so many world citizens can meet together as fellow traders, finding common ground in what...

To those of you who are able to short the direxionfunds 3x etfs, could I have a tip on which brokers can get the shares? No luck with Nobletrading, where I currently trade. Thanks everyone.

Well, for US residents, Canada's treaties and historic cooperation with the US preclude its status as an offshore haven, I think. Regarding getting caught, I don't think there's anything illegal about trading as an agent of an offshore corporation of which one is not a shareholder. The...

Please do let me know how Alliance works out for you. I have been looking into them and they sound like everything I am looking for in a broker: direct access trading with ECNs, pre and post market hours trading, low commissions, offshore, etc. I am concerned with their liquidity. I don't...

What are your favorite offshore brokers, particularly for equities trading? Thanks everyone.

Hi traders, Can anyone recommend a stock broker offering ECN direct access for pre and post market trading, and that does not force clients to pay for market data? I know IB forces their customers to pay for at least some market data, but I don't need it (although if they threw it in for...

Many forex brokers offer some exotic options. Saxobank offers more than any other I have found so far, but at least some types are offered at IG Markets, Oanda, FXCM, and numerous others. An internet search will yield enough leads to keep one occupied for days researching them. With these...

The two broker idea is probably not viable for the reason Atticus points out: it's obvious to the broker what one is trying to do--take advantage of the Shariah non-usary policy for financial gain, at the broker's expense. Besides, it would be too difficult and risky to short an outright...