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Generally the broker must notify the OCC by 530pm et. Different brokers will have different cutoff times for their customers in order to give themselves time to make this deadline. My broker's cutoff time is 5pm et, but will use "best efforts" after this time. Note that on half days, such as...

Just curious, all your recent posts have been on 4 to 5 year old threads. Seems very odd.

If your long option expires even .01 in the money it will be automatically exercised, unless you file a contrary exercise notice. As others have said, your broker may liquidate your position if you don't have the capital to cover the exercise. If you are short an option, it is a bit different...

I'm going to have to save this one. Excellent

This question was asked 4.5 years ago. Hopefully the OP has things taken care of now

Easy to borrow, you can short every day and close at end of day or hold. Not ETB, you will need a locate, if stock is available you can short every day and close at end of day without a charge. With some hard to borrow stocks, there are services that charge for a locate, which is separate from...

Hopefully the OP has already made a purchase, as this thread is 2.5 years old.

Seems reasonable, buy 100 shares of Amazon. Commission through Fidelity to make the trade, $4.95. Transaction tax $1,000.00.

I don't think there is an easy answer. If you think the market will be relatively quiet in the short term, buy M2 sell M1. If you think there will be an increase in movement/vol in the short term, do the opposite.

No, you still need to trade here! Lots of opportunity because of the hard to borrow. Just different risks.

The last thing you want is them to close for you. Who knows how the would do it, just buy all your stock at the market, then hit bids and offers to close your option positions out. If you haven't already closed today, I would suggest you simply buy the June out of money conversion, say the...

Did your firm ask you to cover your short stock from being assigned? I was assigned last night as well and was asked to cover today.

Being assigned on the puts will make you long stock. No way anyone is going to exercise puts now. I am assuming that you mean sell calls and you will be assigned. This will get you short stock, but you will be forced to cover right away or will be bought in if there is no short stock...

You can always short the stock synthetically with options.

My quoted rate today was 365%, but still was not able to get any. I saw Tlry as high as 550% at its peak. Very little float out there in BYND With the rate this high, it makes almost no sense to buy the stock if you want to get long. You are far better off buying the options witch will have...

Ha, not even close. This thread from yesterday was bumped from 2002. almost 17 years ago! https://www.elitetrader.com/et/threads/taxes-in-australia.10313/page-2 Not to give you a hard time Tigerwu, welcome back and good luck.

Last half hour was really crazy in there.

I think the exchanges want to limit the bandwidth that is used. Every strike that is listed must have a market made on it, and be disseminated. MM's would prefer not making markets in 1,000's of options that there is virtually no chance of trading. For the weekly options that you mentioned...

Why do you want to buy calls that deep in the money? If you buy the 130's, they are essentially the same as buying the deeper in the moneys. The corresponding put is trading at only .05 with the 130's, so you will pay very little "extra" premium vs the deeper in the moneys and you will have...

Even with a PM account, margin is substantially higher being short SPX options vs ES. Just the way they treat futures. One is SEC regulated, one is CFTC regulated. With my PM account if I am short SPX put options naked, they generally want about $40,000 per contract in margin, as they look...