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Keep in mind that I did this off hours and did not check the prices or care what the mid-point was. I think $246,530 was the mid-point. We offer Lightspeed Trader, Sterling Trader Pro, EZE EMS (Realtick) and that screen shot is from CBOE SILEXX. They all have Option spread tickets and can all...

You did not believe me the first time I told you, you can send it as one spread?

Then this is just not worth your time and effort.

As amusing as it is to watch this, like the old married couple arguing at the table next to you at the restaurant, why not call a truce. Pick a time offline, not New Year’s Eve, and just talk like adults on the phone. Happy New Year to all, Whisky time!

You send a spread order like any other and it goes to an exchange COB.

Why would you send a GTC order with a limit though the ASK? The result is the same. I think we use the NYSE/NASDAQ limits which are about 7% pre/post market and 10% during market hours. I do not have the exact barrier. The order gets blocked with our risk checks before going to market. How would...

Our software would.

Today, the OCC makes the adjustment. Before the rule change, yes, MM changed their quotes, but if you left a limit order based on the value of an option without the dividend, you would have no time to change it. And, if you had bought calls or sold a cash secured or naked put, you lost a lot of...

Matt might be able to, we can't.

T-Bills will change in value but always are worth the same at maturity.

A CD can have a beneficiary. A brokerage account can have a beneficiary. If bought at Treasury Direct, I assume they offer that too. So, it will make no difference. For me, T-bills are better. I live in NYS so no state tax on them. And they are marginable. CDs are not. T-bill can be sold in most...

I guess as a "Vulcan from the Alpha Quadrant" you see fraud and bad guys everywhere. These adjustments for Special Dividends were directly done to protect the public, not MMs. Many years ago, Steven Winn paid a large special dividend to shareholders after selling valuable artwork. It was about...

Special Dividend.

If the same rate, none that I can think of unless you want all your money in one place and that is all they offer.

Really. Have you done 10,000 option let alone 99,000 in one order at TDA?

Regulators require each broker set "reason" limits when it comes to max order size, max positions size, Dollar amount per order, etc.... This is to protect against excess errors and risk. Expecting any broker to set limits based on exchange limits is never going to happen. Not even close. Not...

Hi Con1991. I'm with another broker, not TastyTrade. May I ask your account size and what max order limits you are looking for? If you prefer to not post publicly, email me directly. My email is below. Maybe we are a good fit.

I can only speak for Lightspeed. We offer Limited Margin IRA accounts to those that would have qualified for a Day Trading Margin account and fund over $25,000 and use Lightspeed Trader. This is not offered to Individual or Joint accounts, only IRAs. Any account approved for 4X can request it be...

When you buy an option, it is not marginable and must be fully paid for. If you sell a naked option, it requires a margin amount of your equity. This is not borrowing. If you hedge the short call with long stock, that net trade can be done in either a cash or margin account and like I said...

I'm at a loss on how to explain this to you.