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With only 10 days left till short leg expiry and TSLA doing exactly what I was hoping it would do (luck of course), I am keeping the trade open.

Mine

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I don’t know, but it sounds like PFOF type of arrangement where your order goes to Market Maker (bucket shop) like Citadel. I really like that I can close my trading station at 4pm EST and have a piece of mind. I don’t know how FX and Crypto guys sleep at night.

Does their router impose the speed bump or speed bumps only for retail orders? https://iextrading.com/docs/IEX%20Router.pdf

I was surprised they use IEX so much, but looking at their website, they are probably funded by them: “Our previous company, IEX, has done a wonderful job exposing many of the worst aspects of the stock market and offering an alternative model for a stock exchange: one that is fair and...

Fun watch from a guy with good credentials.

Waiting for TSLA to retest $1000. May close long leg and keep short leg naked …

Center point

It doesn’t matter. Stocks go up and stocks go down. I am not playing fundamentals. As long as there’s uncertainty, there should be opportunities. Obviously, at this point, I am playing defense.

Which service do you use for options flow?

Well, MVRS may go up, but I am not so sure about PTON.

Plan of action: I bought 100 shares on Friday. Will wait for the time value of the put to evaporate and will either take assignment or roll as far down as possible. This will probably be dead money till at least the next earnings. This stock can move, so hopefully I can make something happen...

You can get the same leverage on your own, but would you be bold enough to utilize it? IMHO, one of the benefits of prop is that it’s not your money on the line. It’s like buying an option - limited downside with unlimited upside.

What’s a “sign of low supply and high demand?”

Anything special about them or you just want to use a single provider across the globe?

FIVE HUNDRED DOLLARS!

I know what you've all been thinking ... It's only a matter of time. Well, I am not going to disappoint you :)

I see it. Sent via SMART route.