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Maverick, I have to admit I'm a bit surprised by the acceptance by you and others here of a Finland type payment as long as it goes to everyone and is the same for everyone. I wonder if there isn't space for some kind of agreement here if your thoughts are similar to the rest of the...

I've actually thought about that regarding the microwave links they use now. Seems a well placed mylar balloon could do some damage, and not even sure it would be breaking any laws.

You may want to consider if we, as a country, will ever actually follow through with the "when the food runs out, don't ask us for more" route. I think it's important to consider that, because it's pretty certain that we won't let people starve to death regardless of their poor decision making...

He's missing the antisemetic comments and gratuitous personal attacks on everyone who disagrees with him, so if it is him he's turned over an encouraging new leaf. It sure has been pleasant around here for the past couple months since he disappeared though!

I know, I meant the reason all those West Coast US made tankers were purchased for a premium was because it was the only way to get AK oil out between the export ban and the Jones Act. Now they can and probably will export it all direct, so no need for an expensive US built tanker anymore. The...

I wondered how fast the value fell on all those supertankers built in the U.S. to comply with the Jones Act to transport oil from Alaska to the west coast. Now they're a commodity tanker on par with all the rest in the world, must have taken a big hit in value overnight.

It's a lot easier to prove what Shkreli is alleged to have done than to prove that a banker "knew majority of these borrowers had no chance of paying back the loans." It's a banker's job to determine if a borrower "has a chance of paying back a loan", and you're asking a jury of non-bankers to...

There's a world of difference between failing to meet an obscure filing deadline and purposely defrauding and misappropriating with full knowledge of what he was doing, as is alleged here. Surely you understand the difference in an alleged crime like his and this nebulous running afoul of...

Quantopian probably isn't for you then, it isn't designed for that kind of algorithm, more like the type of algorithm the OP described. You can import your tick data, but it only runs your algorithm once a minute so that may not work for you.

www.quantopian.com is the link. Their underlying premise is to crowdsource algorithms for a hedge fund. You write your algorithms in Python using their platform, with access to minute bar data for any stock and a bunch of fundamental data, as well as the ability to import your own data. You can...

You can set up Quantopian to do exactly what you're looking for entirely for free. The only downside is you have to use IB (or Robinhood) as your broker for now.

I've read that paper actually, when I did a deep dive on this subject a couple years ago. While it does address the path dependency of returns, any complicated math regarding that is just them building a closed form formula to represent what I showed and what you can see in Excel. The rest of...

I actually just showed you one example. It can work exactly the opposite way as well depending how the underlying moves, so you can end up with a scenario where, in my example, the inverse ends up much higher than the underlying after a round trip to the same point. Its really worth the time to...

No need to talk all stochastic or parabolic here, nor is it an issue with the ETF not tracking correctly, or a misunderstanding of calculus or stats, or a short squeeze risk (unless they're squeezing the underlying, these ETFs trade at NAV or pretty close except in a few rare exceptions) as...

Dude's an idiot because he knew he'd committed an indictable crime that was under investigation and somehow thought he was immune to karma in the form of prosecutorial discretion.

Another trick, you can open up a number of subaccounts at IB. Each one is treated as its own account for PDT purposes. Just transfer money around between several of those accounts and avoid tripping the PDT barrier.

Did you have cash to cover the full price of all the stock you bought and the full price of your call? If so, a margin call is bogus. If not, then you bought on margin. To determine how much margin you have you need to subtract what you paid for the call right off the top, it is just like money...

Actually SureTrader claims they don't have PDT restrictions. They also appear to be a dodgy offshore operation that is probably violating a few laws about accepting U.S. customers; maybe they are a subsidiary of CrapTrader? In any event for the OP it's kind of apples and oranges to compare them...

I see huge bid/ask spreads in option spreads, even liquid ones like SPX if you're just a couple strikes outside the underlying. I'd be interested in your thoughts on the viability of straight-up bid/ask in that kind of market? I've played around manually and never get hit absent a market move...

They're shocked because most people don't think to search of "totally irrational liquidation" AND "Interactive Brokers" before opening an IB account. Or they didn't know ET existed until they opened an IB account, were the recipient of a totally irrational liquidation, and did a google search...