Some of IB's option quotes are wrong

[JC666]

IB Options Quotes frequently glitches. I have 2 TWS Optiontrader open both with the same spread. One is frozen, does not update at all while the other works fine. I've lost money before from this glitch so I always double check with 2 accounts open now.

There is also a glitch where the quotes for the strike that you have a position in refuses to work, showing blank while the rest of the chain works fine. This is more infrequent.

Don't get me started on rejected spread orders..

 

[tommcginnis]

CLUES for the confusled:

1) Don't trade markets where no one else is trading.
("Really? 33% above current traded price is too far out?")

2) Don't have two identical OptionTraders up, without expecting TWS to be unhappy.

3) Ctrl-Alt-F is your friend.

 

[beerntrading]

CLUES for the confusled:

1) Don't trade markets where no one else is trading.
("Really? 33% above current traded price is too far out?")

2) Don't have two identical OptionTraders up, without expecting TWS to be unhappy.

3) Ctrl-Alt-F is your friend.

What's Ctrl+ Alt+F?

 

[tommcginnis]

What's Ctrl+ Alt+F?

Part of the secret handshake.

No lie.

It should appear on a banner above every TWS monitor.

 

[beerntrading]

Part of the secret handshake.

No lie.

It should appear on a banner above every TWS monitor.

*scratches head*

...so, liquidate portfolio, or update quotes?

(Sorry, I'd look this up myself but on my phone on a train right now...don't want to forget to check)

 

[rb7]

Order not getting filled even though I submitted the bid.
View attachment 182353

Or even below the bid:

View attachment 182355

At what time did your printscreen were taken?

 

[beerntrading]

3) Ctrl-Alt-F is your friend.

Oh, good. I'm not flattened out, AND my quotes refreshed!

(funny aside: The google search link came up on ET....where else?)

 

[zdreg]

Oh, good. I'm not flattened out, AND my quotes refreshed!

(funny aside: The google search link came up on ET....where else?)

Thank the Lord.

 

[ET180]

At what time did your printscreen were taken?

I took them about 3 minutes before I made my original post above.

 

[ET180]

CLUES for the confusled:

1) Don't trade markets where no one else is trading.
("Really? 33% above current traded price is too far out?")

Why not? For the enough premium, I'll take any trade. If the option chain was correct (pretty sure that it wasn't...my reason for posting in the first place), then I'd be able to sell that option in the screenshot and buy the same strike for a longer-expiration, hence no risk. Of course, that opportunity would never happen for a retail trader. Machines would be quick to pick off those opportunities if they ever existed. Again, wrong quotes and the reason for making the post.