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Already have this - does not make much of a difference. I am looking to negotiate rates and have a key account manager of some sort. One point of contact.

Client servicing (or lack of) on the side, are fees negotiable at all once this milestone is crossed?

Having the same issue. What is the market cap of the underlying security in your case?

Now that last statement is surprisingly true actually. But should not curtail an investor from understanding counterparty risk modelling. I am OK paying more in overnight margin rates and have less margin if another broker gives me better parameters on variations from OCC margin levels.

Now is Schwab better than IB when it comes to option margin of small cap stocks (<$500m mkt cap)? IB refers to this policy as Singleton Margin Method here: https://ibkr.info/tag/margin Looking at Schwab and Trade Station, there is no reference to such a thing...

Thanks for reminding me of my dyslexia. People kept telling me back in school that I will never make it as well...

I m good at writing otm puts and dont eant to stop doing it. Is tgere a safer way forward witha PM account?

Underlying's market cap dropped below $500m. IBKR spiked the market overnight way in excess of OCC rules provisioning in full for the shares as if they went down to 0. A Small Cap Concentration Charge from what I understand. Helpline not really helpful. Would old timers here help me understand...

Registering will take you way more than 2 weeks, depending on your jurisdiction and regulator. FCA here in the UK takes 4-6 months. You can use a regulatory umbrella meanwhile, about £2,500 per month in fees. Otherwise if your friends trust you. Setup joint bank accounts and IBKR sub accounts...

thanks, this is interesting too: https://seekingalpha.com/article/4348032-hedging-against-black-swan-events-strategy-pays-off-in-long-run

I can see that the March 19 puts at 25% discount (2,587) can be be bought for $3.7 I am calculating an "insurance cost" of 0.43% of the back of these figures from now until then - is that what you are referring to?

Practically, would that be buying very short dated 20% OTM puts and rolling them? Index options or future options?

I am looking to protect my portfolio of naked put shorts against a sudden drop in pricing of the underlying because of another march 2020 black swan run-off. A target would be for protection if SP500 drops more than 20% in a 2 week time frame, signalling a global non-arbitrary liquidity...

Neither Lightspeed nor Lime are on the AUTEX trade route client list...

So GS has not heard of REDI and will not interface with that EMS/OMS. They are keen to talk with you if you have more information on this front. But thanks again for pointing google out.

Thanks

Are you a clent of GS? And what is REDI pls?

Thank you for your thoughts - what if a hypothetical scenario that the underlying price never reaches the strike price? A naked put becomes like a 0-coupon bond then, right? My biggest risk is a black swan event where everything is dropped regardless of balance sheet quality...I will then have...

It may apply if the likelihood of assignment was high - but it ain't in my case. Hence why I am better off getting paid instead of leaving unfilled limit orders on the exchange.