Search results

$12.99 is way too high. BTW is that per side or RT? Commissions do depend on what type of futures options you trade. On a bundled basis Interactive Brokers commissions per side for futures options range from $1.81 (emini equity) to $6.00 (floor traded agriculture). Unbundled might be a...

Income taxes are on net profits not gross profits. Take at look at Form 6781 and Schedule D for detailed information. If you are doing 500+ RTs a day you should look into leasing an IOM seat. Current IOM seat leases run $2200 a month. If you do lease a seat your net profits will be subject to...

The director of the White House Military Office Louis Caldera resigned today. And the White House released a picture of backup AF1 flying over the Statue of Liberty. All done late on a Friday to bury it.

Then I can only add that the somebody that is doing the buying thinks that they know something.

If you gave the stock symbol then someone here might be able to give you more useful information than the usual "more buyers than sellers".

WOW, thanks for that 90% statistic. Now I can make my billions. All those days with the charts showing the futures in the red at 09:30 EDT sure had me fooled.:D

Here are 2 publicly available rates: TransAct charges $3.76 RT with minimum of 274 RTs a month Lightspeed charges $3.30 RT with $65 monthly data fee.

Bump. Someone here must use Lightspeed for futures trading.

IB/TWS is available all night. IB only shuts down TWS access from Friday midnight until noon on Sunday. IB provides a snapshot data feed so the data does not come in any faster during fast markets. Unless you are writing very slow code you should never have a new tick come in before you...

Please reread what you initially wrote. I did not ask you for "mathematical proof that LEAPS don't burn theta as quickly as short term options" as that was not your conjecture. Your conjecture restated is "They [LEAPS] seem to greatly improve on the issue of time decay". I am asking for...

The issue that most options traders fall into is lack of knowledge. What is your mathematical background? Would you be so kind as to prove your time decay conjecture about LEAPS mathematically?

Why do you have to presume "they are buying options on futures" when the title of the article clearly states "COMEX GOLD & SILVER CALL OPTIONS" and the whole article talks about COMEX options. Just about every futures broker does futures options. If you are not sure, then just contact the...

I believe that you are correct, but there is a direct relationship between trade report latency and throughput as trades cannot occur on a continuing basis faster than orders can be processed. The Globex technical literature published by the CME is less than precise in terminology and not...

You are splitting hairs. If they weren't traders to begin with hedge fund managers would have no services to sell. If you want to make billions by being a trader you must trade OPM (and your money), not just your money.

You don't consider hedge fund managers to be traders? According to Forbes for 2009 "Last year there were 39 American billionaire hedge fund managers; this year there are 28."

And why did you feel the need to post the exact same link that I gave just 2 posts ahead of yours in a thread with only 3 posts? By any chance are you employed in the department of superfluous redundancy?

How did you manage to come up with that nonsense about ES? Please read the available information from the CME about Globex technology before posting complete nonsense. The latest information (March 2009) from the CME about Globex speeds states that "We execute customer trades in under 10...

I did not state that IB was a NYMEX member. IB owns Timber HIll and Timber Hill is a clearing member of the CME, CBOT and other futures exchanges (I don't have the full list). See: http://www.cmegroup.com/tools-information/clearing-firms.html

Real quality information there. IB is a clearing member of the CME, CBOT and other futures exchanges.

Since September, 2007 IB snapshots index futures 10 times a second. I don't know the update rate of other futures on TWS without asking IB.