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The error should have been more timely than the end of day. I was a floor official on the AMEX and we had time constraints. https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE%20Arca%20Rule%207.10.pdf

Sounds like me did not make it, because in one case he could not sell, Stop trading and the other PACD, not sure.

Exchange rule, not the broker. Would not matter. I once bought stock down $6.00 on the open and flipped it. The sell was deemed good but my buy was cancelled because of a bad priced, down more than 5 points.

Volume and open interest and different. One is a count and the other are open contracts. In a simple example open interest is zero. I buy 10 calls from you. Your software shows 10, the OI is 10 and the volume on the OCC is 20, just to confuse us. Tomorrow, I sell 10 to another person to close...

You can try to buy options spreads for $0.00. These are called "net zero complex orders" when they trade between -0.01 and +0.01. Not sure why anyone would sell a spread for 0.00 that can only go to 0.00 on the downside, but some traders do. An example would be an OTM call condor that is...

No. Your software will show trade volume vs contracts. The OCC counts a buy contract and a sell contract as two, which most of us find confusing, but they charge both sides. Many traders us the OCC webiste to do research. If you do that, you have to cut those numbers in half. As an example, I...

Not always. When you view option volume on your software, it will include the volume printed. Buy/side, sell side, not relevant. OPRA reports the volume as the exchange reports to them. If you look at volume on the OCC website, it reports contracts entered into, so it doubles all volume...

I would say that using option volume to determine the short term direction of an underlying is VERY hard. You have to make a number of assumptions to make it valuable. -Was the trade initiated by the buyer or seller? -Was it to open or close? -Was it hedged with the underlying? -Was it to...

https://marketchameleon.com/Screeners/Options

You should provide a list of all transactions. Contact these guys for help. http://www.gainskeeper.com/

Not relevant. However if you don't pay estimated taxes and the IRS expects you too, you will be subject to penalty. https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes. Penalty for Underpayment of Estimated Tax If you didn’t pay enough tax throughout the year, either...

I have a CTA that trades AG products for me. Almost every month I get a notice like the following. I have a big 2 Bedroom apartment, but not this big. He always covers about a week before he has to. Still a little scary. 1 contract is 40,000 pounds of LIVE Cattle!

I'm not an expert on this. Here is some "light" reading for you. https://www.cmegroup.com/rulebook/CBOT/I/7/7.pdf

Go to : http://www.cmegroup.com/market-regulation/position-limits.html Download the CME Position Limits XLSX file. Filter for Financially Settled products in column G. Then you got your list.

DT is enforced by all US registered firms with both equities and options. As a side note, I don't know if includes bonds and other fixed income. It does not include futures which are not regulated with the SEC or Finra. I have no knowledge of what is required for a foreign broker that has a...

Some FCMs have the facilities in place for delivery and some don't. The ones that do, will warn you every day for weeks before the last trading day. Most online brokers do not allow delivery like TD and IB, so they have a to have a close out process. I've had customer accounts at ADMIS, FC Stone...

It is my understanding that they have to be cash settled options to be considered 1256 or options on futures or futures.

Then options work well with symbols that have tight spreads. I actually like that to limit losses without stops.

I expect the answer to your question is yes but at a cost. Equities are constantly trading on the bid and offer while the options you want to open and close on might not, so you will be dependent on a MM for much of your liquidity. I would avoid the 2x and 3x products and use the more liquid QQQ.

Why do you no longer enable NT with new accounts at Wedbush?