A vertical call debit spread triggers a margin call. Does that shound right?

Quote from stinkyfelix:

The OP must have violated an IB in-house rule to get his account auto-liquidated. I'm still curious why the OP will not give any details of his situation and response by IB...

"Picking up nickels in front of a bulldozer"


The OP knows all about picking up nickels in front of a bulldozer. He buys a 65C / 75C debt spread on a mid $20's stock. If you are expecting such a huge move why sell the 75 calls and probably for nickels? The 75 calls ended up being the source of his problems.

That trade is almost as strange as this one: CLSN $5 August Call Options
 
Quote from ForexForex:

"Picking up nickels in front of a bulldozer"


The OP knows all about picking up nickels in front of a bulldozer. He buys a 65C / 75C debt spread on a mid $20's stock. If you are expecting such a huge move why sell the 75 calls and probably for nickels, and the 75 calls ended up being the source of his problems.

This trade is almost as strange as this one: CLSN $5 August Call Options
Right, I got my lesson. That's why I don't pickup any more nickels...
 
Jayre:

Don't be too discouraged. Almost all serious traders have had lessons of one sort or another. The trick is to never be too hurt by one lesson and to pick yourself up after figuring out what went wrong and continue on.

Serious traders will not make fun of your lessons because they have suffered worse in many cases. Humility is where it is at.

In order to win the game, you must never be taken out of the game by the unexpected.
 
Quote from StarDust9182:

Serious traders will not make fun of your lessons because they have suffered worse in many cases. Humility is where it is at.

Any ET members fit that description?
 
"Any ET members fit that description?"

Yes, I think I vaguely remember one person writing in who was a little bit humble. LOL

Seriously, I can tell by some of the comments made, that many seem to have no clue about the real world of trading/investing.
 
Quote from StarDust9182:

"Any ET members fit that description?"

Yes, I think I vaguely remember one person writing in who was a little bit humble. LOL

Seriously, I can tell by some of the comments made, that many seem to have no clue about the real world of trading/investing.

I would agree "some" answers here are professional, others not so much...
 
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