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You can't convert an individual account to a LLC. It is a different owner and TIN.

More paperwork and Pro-market data fees. Nothing else will change.

I'm not sure what you mean by "legit" IRS trader status. I assume you mean TTS and mark to market treatment. I suggest you check out this website. https://greentradertax.com/ Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information, and...

What is the size of the account? To get more than 6.67X in a PMA we require >$5mm USD and we do not offer 20X.

Looks right. Calls 53 and Put 47. As time passes with TSLA here, the Put Delta will increase.

My direct contact info is in my signature if you have follow up questions or want to try a demo.

The SEC and FINRA TAF are only on sell orders and consistent from broker to broker. The SEC fee is based on the dollar amount of the sale. I'm not willing to calculate those. Our based per share or per trade rate would both cost $4.50 in commissions on 1000 shares and if you take liquidity using...

Each COB, like each Option exchange, is independent. If your broker/software offers you the choice, you can direct your option orders to the option exchange of your choice. If you have a SMART route, the route chooses. For our customers that want to choose their option exchange, we offer...

I know you use WEX, but they turn off data to the API to avoid Non-Display fees.

Not without being a member as far as I know.

I always welcome new members that introduce themselves.

Your option spread order should be sent directly to one of the many Option exchange Complex Order Books (COB). As far as I know, WEX, an institutional platform owned by Wolverine Execution Services, a US based Market Maker, is the only software that not only allows you to see all the COBs but...

Welcome.

My Pleasure. You can always email me directly too.

Market Data is required for everything. It is up to you if you want to use our charts or a third party.

The alternative would be to use Lightspeed Trader to trade and eSignal for charting. https://www.esignal.com/index, https://www.lightspeed.com/esignal-integration-with-lightspeed-trader/ Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information...

Lightspeed Trader, Sterling Trader Pro do not offer sub minute charts but Realtick offers tick charts. https://www.lightspeed.com/trading-platforms/realtick-pro-and-express/realtick-platform-features/

I can't tell you to ignore the risk of future defaults even with SIPC or future's seg accounts. I can tell you that I find it interesting that this concern is most often voiced by accounts under $500K and I'm almost never asked by accounts over $5mm.

I do not know who "Dustin" is. I was an option market maker but now I only trade in my Roth IRA. I use options to reduce my cash usage and reduce risk and pick a direction, or to hedge after a large move in my favor.

IMO, less critical for scalping more for longer hold times or after a large change.