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The OCC has to allow it 1st. Sign up for their bulletins and you will get a heads up of new option listings.

1. Yes, but I don't recommend it. If you disable the protection they will not take any responsibility if anyone gets into your trading account.

In my experience, most full time manual traders can get by with: I5 Quad Core Win 7 64bit or higher-I would use 10 64 bit 16 GB of RAM Video card with 2 to 4 digital outs A more than adequate power supply any DVD drive 2 to 4- 24" monitors that can handle 1920x1200 (I would use 3) SSD Drive of...

I have built my last 8 PC over the last 15 years. I have bought 8 motherboards and 3 were defective and had to be sent back. One Intel and one MSI and one Gigabyte. It happens.

I think because the order lies on an exchange and to change it to a different exchange you need to cancel it and then enter another order. While resting on an exchange you can cancel replace certain items. It's not impossible to do it's just not typical

It is not clear to me on any trading platform that you can cancel/replace and change the route. Price, quantity, time in force yes, route no.

My firm is an introducing broker to IB and we have accounts there. I never said there is anything wrong with it as it is industry practice and this is what is part of keeping your commissions low. https://www.captrader.com/fileadmin/_migrated/content_uploads/IB_Order_Routing.pdf Payment for...

Days to expiration are always calendar days. As you get closer to expiration, you should take into account a fraction of a day.

Really? They are option market makers on a few exchange and direct order flow to themselves.

The plan and simple answer is they will never be exactly the same because they use a different model, different interest rate for each month and different dividend flows and you can use the bid ask average but they use their values.

And, OTM calls in equity/index options are often priced on a lower skew so the cost of hedging that way is your best option unless the product has no options.

I'm trying to keep this simple, because it's very difficult without a real conversation to explain. Yes I work for lightspeed, a broker, but I was a Trader first for many many years. You seem to think that someone else will be willing to cap your losses in a transaction without some cost or...

Do you think it will be free in the pricing of an OTC pair?

So you are asking about OTC options on futures not equity options. You can still cap you losses with an option spread or buy an OTM call vs the futures. When you deal with a desk, they will price an OTC option vs what that will cost but want a little more vig. Many FCMs have trading desks that...

It would be easier to answer with a current example. It could be option skew, hard to borrow, pending dividend, pending corporate action, or you could be right and there might be a way to find vig in this.

If you mean the 80's maybe, after electronic trading, no. I was a MM from 1985 to 2010. We knew what we were doing but the mispricing of the options were made possible by single listing, slow order flow-we were faster- and less knowledge by off floor traders. I'd leg into reverse/conversions all...

What is an example of an OTC option or spread that you would look to do and why can't that be replicated with listed options? I know years ago the big bank trading desks were doing a lot of knock in, knock out spreads, but the vig was enormous. They basically priced them to never lose money. And...

It is not clear to me that using a flat skew is providing you an edge worth exploiting in that way, and that the current skew is not correct. My only point is that just because an option trades with a higher than the market IV, you can't assume it is "high", it might be too low! Do you have a...

There are no longer primary exchanges for options.

I expect that single leg orders do go to the exchanges, even through multi-leg orders from IB don't always, so it was likely some data feed issue from your mobile device. Just a guess.