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  1. Robert Morse

    Simplest way to identify initial margin offenders with IB?

    There is no 20% add-on for accounts over $5mm. As to why, it was not my idea.
  2. Robert Morse

    Simplest way to identify initial margin offenders with IB?

    This is going to vary from broker to broker. The OCC does not require "initial" and "maintenance" for PMA. This is a term your current broker is using. The OCC only calculates your OCC PM requirement after the close. Then your broker will have their own house requirement either live or...
  3. Robert Morse

    Is it possible to opt out from option assignment?

    I did understand your question, and my response is the same. You, the seller, do not even know you are part of the process until your broker tells you, you were assigned.
  4. Robert Morse

    Is it possible to opt out from option assignment?

    The OCC does not offer that choice for the seller. All the rights go to the buyer. That is the entire point of selling your rights as the seller for a price, and the buyer willing to buy that right. It would make no sense if the seller can opt out and keep money.
  5. Robert Morse

    Is it possible to opt out from option assignment?

    Sorry, but no.
  6. Robert Morse

    Help! The short leg in my PCS was assigned early.

    What expiration, and would you like to give me a quick call?
  7. Robert Morse

    Who provide direct access to markets - platforms (like sterling) or clearing firms ?

    You ask this question a lot. We offer Lightspeed Trader, Sterling Trader Pro, RealTick. and CBOE Silexx. They all have a choice of equity routes to the lite exchanges/ECNs and Dark pools. You choose with each order.
  8. Robert Morse

    Lightspeed Financial Services Group has 5 job openings.

    We are a Broker Dealer that offer customer account, not a Prop firm that backs traders, so no.
  9. Robert Morse

    Lightspeed Financial Services Group has 5 job openings.

    "On site", assume no. Hybrid, they expect you will come in sometimes and from home the rest.
  10. Robert Morse

    Lightspeed Financial Services Group has 5 job openings.

    Recently posted jobs https://www.linkedin.com/jobs/search/?f_C=212580&geoId=920000000
  11. Robert Morse

    Which discounted Brokers offer low margin rate close to IB ?

    Can you describe your account in an email to me directly?
  12. Robert Morse

    Generic Options Software

    https://www.livevol.com/online-market-scanning-and-analysis-software/ or our LVX software. https://www.lightspeed.com/trading-platforms/livevol-x/
  13. Robert Morse

    ITM Stocks Going Ex Div

    Look at the value of the put on the same strike as your call. If the put is less than the Dividend amount, you are at risk of assignment before ex-Dividend.
  14. Robert Morse

    What brokers will let you trade at starting at 4:00 AM EST?

    We offer access using NASDAQ and ARCA from 4am to 8pm est.
  15. Robert Morse

    Is this true about portfolio margin?

    Better, no, but if you do not need enhanced leverage or risk based margin from options hedging, PM is not for you.
  16. Robert Morse

    Is this true about portfolio margin?

    Yes, a PM call requires you to add funds or reduce faster. A Reg-T call has more time. I can't speak to each brokers liquidation policy. In most cases, you have more room with increased leverage overnight with PM, so it is not a fair comparison. You will breach REG-T much faster.
  17. Robert Morse

    Find the IV for this...

    Ignore them.
  18. Robert Morse

    Find the IV for this...

    When this is Nov, and the next one is Dec, best process is to take options with no bid and ignore them along with their put/call other strike.
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