Schwab options messed up

[Pekelo]

Mystery solved. Apparently their equity options data is delayed. Nice....

They probably want a subscription for live quotes. I have to look it up...

 

[taowave]

Spy rallied 14 points and the 1 week 527 put rallied as well??

Really?????

The problem is 2 fold:

1. Didn't execute limit trade when it should have.
2. Put prices are moving the opposite way as they should.

527 SPY puts 7 days out. The mark was at 1.25 when my market order got filled at 1.80. Then SPY moved UP 14 or so points and my put also went UP.

 

[Pekelo]

Spy rallied 14 points and the 1 week 527 put rallied as well??

Yeah I was getting excited for the "infinite money glitch" but just delayed quotes.

 

[murray t turtle]

My guess is the quotes you were seeing were wrong. Perhaps you lost real time quotes in the transition? Or there was some other problem with the quotes you were seeing.

I would think the execution was correct with the real prices.

%%
Options are known for bad quotes + bad data;
1] SCHW[ +IBKR ]overall have worked well.
3]But I noticed on SPXL,[leveraged like options ] quotes maybe some 3x as bad-worse than SPY-LOL.
And IBKR volume on thier charts was consistanly off by a lot intraday.
And @ market turns intraday maybe more off errors by an unusual amount.
777 ] Like Larry Mint Hite says......make money in your sleep also.
He is half blind + very poor eyesight in in other eye.

 

[Pekelo]

Problem solved. I haven't completely set up the new account and that was causing the delayed data. After some electronic signatures, data is all good and live... And position is up 45 cents.

 

[poopy]

So you're not shopping for a better broker?

 

[Drawdown Addict]

They should be more explicit with delayed data.
On TradingView there is a massive D at the top of the chart if it is delayed.
IBKR shows a banner on top as well when data is delayed.

You are confused because they are not giving you the right tools.

 

[taowave]

Dam,I was hoping for some more 14 point Spy rallies with the ATM puts going higher

Problem solved. I haven't completely set up the new account and that was causing the delayed data. After some electronic signatures, data is all good and live... And position is up 45 cents.

 

[poopy]

Dam,I was hoping for some more 14 point Spy rallies with the ATM puts going higher

The irony is not lost how ppl fail to prepare and immediately blame the broker.

Fcking dilettantes.

 

[Pekelo]

14 point Spy rallies

I meant SPX, my bad.