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Well, if you are trading more the grain options, a COM would work. But yes if mainly futures you would need a Full.

What products do you trade, Tradator? Would you need to buy a Full?

The fulls are leasing for about $1,000 a month. Would that be an option for you?

Any experts in Day trading margin requirements? Trading through a PM account at Apex, this is what they are telling me. If I trade a time spread with very expensive options, say I buy a $210 call and sell a $200 call 10x. My maximum risk would be $10,000 and if I left the position on...

List of possible risk of being long a calendar spread for a credit: A European index, for example the SPX, currently the SPX DEC 17, DEC 16 3500 put spread is trading at a $30 credit. Deep in the money put calendars will trade at credits, mainly due to current interest rates. Take over...

Sorry mistyped, should be CBST Cubist Pharmaceuticals. There was a seller of the Jan 2016 85 calls. It was possible to put both the Jan/May and the Jan/Aug call spreads for a credit. Both spreads were actually offered in the COB for a credit and not taken right away. The point is these...

You may not be happy how they liquidate. Say you are assigned on 20 short calls from your time spread on a $100 stock. That is $200,000 worth of short stock. You come in to the day with the short stock and long your other calls. Your firm may simply auto liquidate your account, depending on...

Not true, several reasons for calendars to trade at zero. I was trading CNSB 85 call line for a credit yesterday and it was also offered in the COB for a small credit as well for some time before it traded. This is a takeover stock, with an all cash offer so very little risk buying a time...

A few more things to consider. Instead of doing a combo (long put, short call of same strike) to replicate short stock in a hard to borrow situation, consider simply buying a deep in the money put where the call is around zero. This way you will not have to sell out the call. The problem with...

Not all stock options trade in pennies, depending on the stock/index you are trying to sell, this may be why it was rejected. Even if it does not trade in pennies, ask your broker if you can sell the option at a cabinet. This is actually selling an option at a penny in order to accommodate a...

I would suggest you contact the OCC http://www.optionsclearing.com/about/contact/ for specifics on how the options will be affected by the distribution.

Horrible. This is the main reason I will not open an account at IB. At Think or Swim/TD if a bad mark on your butterfly put your account in debit, it would not be auto liquidated, but reviewed by a person. If a liquidation is necessary, they would enter the trade as a spread and your loss...

For that size trade through TDA, your order will be routed to the COB. You will be filled immediately if the price is right. The only way you would have to wait is if you are not giving up enough edge. Again you cant rely on the midpoint. Even if you were doing only a 1 lot, you would be...

Depending on the size of the order and the broker you use, the order will be either routed to the CBOE's COB (their electronic spread book) or to a floor broker in the pit. If it is routed to the COB, you will be filled instantly if the price is right. If it is sent to a floor broker, the fill...

On the off chance you are really looking for a reply instead of just ranting, A) Where the option expired is not relevant. There was a risk that it would have been in the money and be auto exercised in an account with not enough money to pay for the stock. You say they could have waited...

To add to masterjaz's advice, remember if you exercise your long call to get the dividend, you will now have long stock and will have much more risk. So you will actually need to purchase the same strike put, to have a synthetically similar position. If you can buy the put for less then the...

You cant get caught up in the 2.49 price. This was a .03 spread that traded. If you had a .50 offer placed Friday, the price of the spread would have been done using prices below .50.

Looking through time and sales, it was the 1330-1320 call spread that traded at .03. Apparently there was a wide market at the time the spread traded through the COB (this was the C2 which is all electronic). The computer most likely took random prices that were in between the current market...

Chuck Norris style would require one kick only.

Depending on what you trade, another option would be to clear a firm such as Apex through an introducing broker. This would bring your costs down to around the .50 level. You would need a trading platform which would cost between $100 and $400 including quote fees. You would then pay for all...