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Yes, it did appear in the daily statement, and furthermore I was logged into TWS about to make the same trade (liquidation) myself but the risk system beat me too it.

I received the bulletin, both in TWS and by email. I will share one observation that has occurred over the past few days – and for context my positions are only futures and FOPs, so margined under SPAN rules, though IB’s house margin in volatile times will always be significantly higher than...

I’m a bit more proactive, you take what you get – even if not ideal. The last few market days, including today has been a nice change.

Hey Robert, My positions are largely credit spreads and a very low number of naked shorts. I find myself purchasing low cost (in actual dollar terms) short term (1-week or less) puts and calls to manage the margin swings if I’m close too, or go instantly negative excess liquidity. This is even...

Thanks, it’s going to be something I’ll just have to build into my routine.

I’ve done some researching; both here and from previously released IB account margin webinar notes and can’t find anything related to what I’m going to ask/discuss. Any attempt to reach out to IB directly and ask about this is a non-starter, this is probably the best place so here we go… I’ve...

Yes, and I understand what you’re saying. The problem, and I don’t think I’ve actually addressed this yet, is that it doesn’t matter what the “real or more accurate” delta is when it comes to margin (or risk, etc.) when your broker has it wrong. The best and easiest to explain example is; let’s...

To follow up on my own post, during today’s session the same as witnessed in my first post was occurring. When trading reopened at 6PM EST tonight everything “looked” more realistic based on what I believed it should be. No surprise to me, it now matches “exactly” what is being reported in...

Thanks, all good feedback. Now with regards to QuikStrike using the previous day’s volatility curve, that’s applied to present (settled) day prices? If so, then IB TWS “should” be the more accurate delta for something that definitely has intraday volatility changes, such as CL and NG, but as...

Unfortunately I don’t and it took me a long time to find that one, perhaps I wasn’t supposed to find it to begin with. I wonder if NinjaTrader would re-host that page, it could be considered a “public service” for the IB trading community.

I’m wondering if any other CL (Light Sweet Crude Oil) option traders at IB have noticed rather large discrepancies in the delta being reported in TWS, compared to a third-party, such as QuikStrike. I have to believe QuikStrike is correct, after all I’m using a version provided free by the CME...

Yes, all these issues started with the first 950-series TWS builds. The only way to get it functioning like you wish is to downgrade to TWS build 9493 – that’s the last build before they implemented this wacky and bugging feature. My thread below details my frustrations...

They still haven’t fixed this, nor have they even bothered to respond back to my open ticket – last update was on July 10. I do however have something useful and cool to share. I found a page hosted by NinjaTrader with links to all TWS versions dating back to version 851, all the way up to the...

Yes, I fully support modifications to exchange margins even when not in my favor. Just about everything I trade falls under SPAN, which is advantageous to both the trader, broker and exchange. Most importantly, and I think this hits on it big time, it’s transparent. I can calculate it quickly...

You don’t quite understand what’s happening, and unfortunately none of the posts here have yet to actually explain in more detail what’s going on, let me try to share what I know about this all. I don’t know about your other positions (and this will be very key) but I know about your ES lot and...

I have to respectfully disagree with both your statements. 1. Selling ATM PUTs to buy stock is not the stupidest idea around, I accept it’s open to opinion, so I respect your opinion however the original poster is correct in that it is a viable strategy. 2. How is it doubtful the premium...

If you are an investor, who wants to buy stock at those predetermined levels you speak of but wants to reduce cost basis by selling the ATM PUTs – this is a professionally used strategy, and offers some advantages over just buying the stock outright at those same levels. If you sell those ATM...

Regarding volatility being cheap, it depends on how far back you want to base your range. I don’t usually go much further back than 1 year, but volatility was much higher (nearly double on the OVX) at the end of 2008 and crushed after the first bit of 2009. That’s correct, I’m short vega in the...

Oil volatility is high but can easily go higher to levels seen earlier this year. I believe if you size the position correctly though, shorting volatility at these levels can be advantageous. I’ve got a short strangle position on CL options, that’s one way to play it. The other, more aggressive...

I knew, at the time many Russell 2000 scalpers when it traded on the CME many years ago. When it moved over to ICE, for whatever reason they didn’t follow. I only made a few trades on it myself, but from what I remember, it was really “jumpy” and I think most scalpers loved that. As for the...