any option sellers

Quote from comintel:

Exactly right.

IB believes they can control risk so firmly in real-time that they freely accept company trading accounts without personal guarantees on the belief that they are never going to allow debit balances to occur in the first place.

You can bet this means that they have many many accounts whose owners will take large risks.

IB knows this and therefore has to implement significant margin increases, and, as you say, automated liquidation, very promptly when the markets get wild, which they certainly do.

So one might face automated liquidation a lot more promptly with IB if markets get really wild, as well as trading limits. Well, we know that too I guess.


I still prefer this way , a limit on margins when things are wild then them coming after my personal assets above and beyond an LLC
 
BTW is there a way of analyzing price movement within its' contract lifetime window? I'm interested how much the price can go up or down from the defined start point (i.e. when the new position is opened).

It's some kind of OHLC data, where O=position open date (Jun 17th in my example with CLQ3, C=position close date (Jul 17th), H/L are high and low for this 30 days.

Any ideas? TOS has no export of OHLC daily data. I could export this data while I used CFD MT4 platform with many commodities futures, but now I've got no such access.
 
Quote from RichardRimes:

Feel your pain Luis..in 2008 one of those weeks we were crashing I was on vacation in Palm Springs..needless to say vacation was ruined.

Many vacations definetely have been ruined over the years by traders not flat when they leave. Can't agree Trading is like other business endeaviours, the frequent losses make it harder emotionally. I'm quite glad to have another source of income - although it's also very irregular, I only seldom need to go through losses, only quiet to dead periods without income. I don't like 0$ day, but it sure beats -30k days. Yet just needing a computer (or a few) to work is a great plus of trading. So far my big winning days have been bigger than big losing days btw, but that's so far.
 
Quote from IV_Trader:

how the short sellers do this week ?

I did good, has some verticals bear calls on spx, appl and iwm. If i knew the size of the down move I would of had a much larger position.

As of right now, holding very small, mostly looking for an up move into next week.


EF
 
Quote from IV_Trader:

how the short sellers do this week ?

Not bad, didn't have a whole lot of exposure on going into the week because I was worried something like this might happen. Used the spike in volatility to put more out
 
ok here as well. fliped to the short side on an intra-day basis so I look to sell the cash on spikes. The increased volitility has made selling into it more attractive because you are paid more for the greater risk When vol was low I tended to buy the otm puts and calls (weekly and monthly)
 
Quote from RichardRimes:

ok here as well. fliped to the short side on an intra-day basis so I look to sell the cash on spikes. The increased volitility has made selling into it more attractive because you are paid more for the greater risk When vol was low I tended to buy the otm puts and calls (weekly and monthly)


I have been getting out weeklies that i sell when the premium has doubled or come close to doubling my expected gain.

example, Sold call or vertical call spread, sold @.85cents, trade goes against me, premium rises to 1.70. i get out.

It has kept me out of trouble. if i saw an obvious pattern on 60min, i will exit as well, hopefully with a smaller loss.

EF
 
Quote from IV_Trader:
how the short sellers do this week ?
Depends on what positions you're holding.
I've been observing dramatic down moves in my /CL /6E /ZB and /ZN strangles. The results are:
/CL goes into -$50 PnL of 84/109 strangle
/6E drops a little of profit to $100 with 1.2600 / 1.3750
/ZB and /ZN were close to put strike but the Friday was the last day of these contracts, so the worst I've got is a higher margin (which I cool down doing some cheap spreads), and the mark price of the put side itself didn't change
It could be bad if such move was just after positions were opened, but... again... in this case I gonna roll,
 
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