Not sure. Posting prices of packages was unsatisfactory to some.
Even though that's how they are quoted in the market....
Not sure. Posting prices of packages was unsatisfactory to some.
Even though that's how they are quoted in the market....
Not sure. Posting prices of packages was unsatisfactory to some.
it has nothing to do with being unsatisfactory. If someone puts up a journal with the clear intend to boast about performance and even promises to "post cumulative pnl after each closed trade" (I quote) then such person should be able to be held up to his promises. That definitely includes the verification of his fills. When I post a trade in spot fx and blog that I post entries and exits in real-time then anyone can go back a year later and verify that the fill price I posted indeed printed at that specific moment in time. Atticus/convexx posted pricing of structures on a web platform that to start with nobody knows how prices on the screen can be adjusted/manipulated (in IB's TWS for example, anyone can "adjust" prices for valuation purposes. I can change a current open position by multiplying size by 1000 and take a screen shot to boast. The screenshots convexx showed are absolutely not reconcilable. Nobody can come back a year later and attempt to price a structure that he showed at usd 7.25 or whatever. Well one could but it would be very time consuming. All he had to do was click on the "+" icon to show all the legs. Simple as that. Why he does not, and why he hides his profile here, and why he suddenly closes his journal thread points to a lot of unanswered questions.
it has nothing to do with being unsatisfactory. If someone puts up a journal with the clear intend to boast about performance and even promises to "post cumulative pnl after each closed trade" (I quote) then such person should be able to be held up to his promises. That definitely includes the verification of his fills. When I post a trade in spot fx and blog that I post entries and exits in real-time then anyone can go back a year later and verify that the fill price I posted indeed printed at that specific moment in time. Atticus/convexx posted pricing of structures on a web platform that to start with nobody knows how prices on the screen can be adjusted/manipulated (in IB's TWS for example, anyone can "adjust" prices for valuation purposes. I can change a current open position by multiplying size by 1000 and take a screen shot to boast. The screenshots convexx showed are absolutely not reconcilable. Nobody can come back a year later and attempt to price a structure that he showed at usd 7.25 or whatever. Well one could but it would be very time consuming. All he had to do was click on the "+" icon to show all the legs. Simple as that. Why he does not, and why he hides his profile here, and why he suddenly closes his journal thread points to a lot of unanswered questions.
You're brain-dead.
"Adjust" the COB NBBO? It's a summing of exchange bids and offers on the individuals. lol you stupid f*cking twat.
Post number 35 in the thread. I marked the buy to 75.50 offer, even though the NBBO offer had dropped to 74.90 by the time I could grab the screenshot. The thing was $11 wide. The cover was marked to the BID. 71 cars at the bid, 100 cars at the offer. NBBO marketable. Worst-possible pricing.
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http://www.elitetrader.com/et/index...offers-etf-options.286486/page-4#post-4024928
Accounting using NBBO worst-case: http://www.elitetrader.com/et/index...ffers-etf-options.286486/page-10#post-4028316