Day in Life of an Options Trader

[murray t turtle]

Quote from wilburbear:

Funny. AMEX being "picked off". Right.

A leaked SEC report on the internet details massive SEC violations in the AMEX options markets. And the report says the AMEX deliberately falsified reports to the SEC to cover up the violations. I don't think "crook" is too strong a word in those circumstances.

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Like the AMEX related SPY,DIA, QQQQ as benchmarks, however ;
SEC fines on AMEX , NOT honoring option quotes were well deserved.

Union 1611 ;
Helpful & fun reads-AMEX got jealous of the Texaco specialist work and those old articles are still up to date in some respects,CBOE does a better job in options than AMEX.

 

[steve0580]

Quote from straddler:

I was on the AMEX when they took him off in a stretcher. Pretty freaking scary if you ask me. But you had a couple of firms bidding for his post the next day. Business is business.

Tony Soprano, is that you? LOL.