Yeah but that didn't involve options I am sure or any liquid deriv.
Poopy just blows me away trying to save people from themselves so much. Short of spoon feeding you can't help people who don't want to learn.
So I profited 820 dollars on a deep ITM options spread and received this email from Tastytrade
- Thread starter Con1991
- Start date
Yeah but that didn't involve options I am sure or any liquid deriv.
Poopy just blows me away trying to save people from themselves so much. Short of spoon feeding you can't help people who don't want to learn.
I am literally restoring my truck purely with the help of Reddit. It’s incredible how helpful it can be. But that’s outside of finance, in quant/wsb/options subreddits there are mostly wannabes and LARPers
Let's wrongfully assume that TT was internalizing the order. They can simply tell their prop (doesn't exist) to piggyback with the mirror to this loser's trades. There is no need to internalize and overtly break the law.
That argument would call for TT to keep the account open if for no other reason then to await his mkt-order at the close and short into his spread at something exceeding the spread-width. TT would be NBBO offer at 75.5 on this ridic diagonal.
Ofc the idea that they are internalizing or trading against a client is beyond stupid and illegal.
That argument would call for TT to keep the account open if for no other reason then to await his mkt-order at the close and short into his spread at something exceeding the spread-width. TT would be NBBO offer at 75.5 on this ridic diagonal.
Ofc the idea that they are internalizing or trading against a client is beyond stupid and illegal.
(5sp).
Mark Cuban said use simple words whenever possible.
This is probably something to do with that useless $25,000 day trader pattern useless rule from the useless S.E.C. he probably is doing an offset on the call side and put side without having to close his original trade and thus trigger that useless day trade crap. So many things to wrap the mind around when people try to skirt the pattern day trader rule in options markets. But that is probably what is going on. P.s. I have not looked too deep into his trade or the logic of it but I know traders that try to do credit spreads and do offsets on the opposite side to avoid that damn worthless rule.