Calls are ridiculous right now...there is no fear here.

AUG5 ATM

SPY
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IWM
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Total bs (IWM) AUG9 spread just where price is going to go lol...at 24 the spread is normal because they're like ya np...these ones will expire worthless. What a racket.

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lol r***** your quotes are Fri close.

I know forgot ibkr keeps the old prices up...my other broker wipes them out. How about the bs spread though?? lol

btw pretty stupid that we can't get options prices and trade options in the pre-market. The market shouldn't close at all anymore...should be 24/7 like crypto...its so antiquated.

hey you unblocked me!
 
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I know forgot ibkr keeps the old prices up...my other broker wipes them out. How about the bs spread though?? lol

hey you unblocked me!

I unblocked you three weeks ago as I couldn't read all of the option threads as you author 70-80% of the topics. I think that you've got a neuro-related oppositional disorder. TBI. Don't know but it doesn't pay to inject logic into your threads.
 
I unblocked you three weeks ago as I couldn't read all of the option threads as you author 70-80% of the topics. I think that you've got a neuro-related oppositional disorder. TBI. Don't know but it doesn't pay to inject logic into your threads.

Something for sure. I was hoping to capitalize on the obvious bounce this morning but with the spreads and being out of capital I am a mere spectator. :)
 
Something for sure. I was hoping to capitalize on the obvious bounce this morning but with the spreads and being out of capital I am a mere spectator. :)


Huge surprise. Why don't you sell that classic Lambo? No PDT in Canada.
 
Huge surprise. Why don't you sell that classic Lambo? No PDT in Canada.

NEVER! Well I could have traded IWM which was an obvious choice, but my bank dropped tos so I don't trade 0dte without the tos active trader window to get in and out quickly. I mean they have something called a trade ladder but I'm not familiar with it, and anyway they restricted trading on MARA and others I trade so I moved to IBKR.
 

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Something for sure. I was hoping to capitalize on the obvious bounce this morning but with the spreads and being out of capital I am a mere spectator. :)
Being out of capital is one of the downsides of not using stops. You can't take advantage of opportunities because your capital is all tied up in underwater positions.
 
Being out of capital is one of the downsides of not using stops. You can't take advantage of opportunities because your capital is all tied up in underwater positions.

That and bk. What opportunities though?

If you bought an atm IWM AUG9 call right now, just eyeballing the chart you'd be lucky to see 204 by expiry and you'd be down -$613.52
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Look at this bs...you can't even get theoretical price for aug7...just flatlines.
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Price has to hit green line by exp to just break even....break even!
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Even if price hits 203 by Aug7 you still lose money.
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I mean we ALL know its going to fill the gap but its practically impossible to profit from it unless you are just buying shares of course...but you need capital for that.



Wait....I forgot about the fly!
Darnit! I need a minimum 5k USD in that account to trade it.

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