TDAmeritrade horror stories/crookedness?

You do sound clueless.
You said this was expiration.....Can you afford to be assigned the options you bought? Many times if you're trying to buy ITM or NTM options and don't have the funds to cover it they won't let you trade or they will close you out.

Don't be a moron. No one is out to mess with your account because they're scared of you making money. They might be scared of you being a moron though.
 
You do sound clueless.
You said this was expiration.....Can you afford to be assigned the options you bought? Many times if you're trying to buy ITM or NTM options and don't have the funds to cover it they won't let you trade or they will close you out.

Don't be a moron. No one is out to mess with your account because they're scared of you making money. They might be scared of you being a moron though.

And you can tell ZDreg to wise up. If you're on the other side of my opinion , you're wrong.
 
You do sound clueless.
You said this was expiration.....Can you afford to be assigned the options you bought? Many times if you're trying to buy ITM or NTM options and don't have the funds to cover it they won't let you trade or they will close you out.

Don't be a moron. No one is out to mess with your account because they're scared of you making money. They might be scared of you being a moron though.
the word assigned is incorrect. only sellers can be assigned. the question is if your options are automatically exercised can you meet the margin requirements. if the firms feels that you cannot they will close the position by the end of the market if you don't do it yourself. the customer can also tell the firm not to exercise.per customer agreements they have the right to liquidate any position that can affect them adversely or simply refuse automatic exercise by giving notice to the options exchange.
 
I don't need to exercise them, I just sell them when they are at a higher price than I paid. They don't need to be in the money to do this either, although their value drops rapidly as in once every time the stock moves against them in an hour or so.
 
I don't need to exercise them, I just sell them when they are at a higher price than I paid. They don't need to be in the money to do this either, although their value drops rapidly as in once every time the stock moves against them in an hour or so.

:confused:
They decay over time. They also gain or lose value based on volatility.
 
I was using it in the general sense of the word. If you don't like it, talk to Merriam-Webster not me.

that is not the way it is used by option traders. it has exactly the opposite meaning. you probably trade with the same arrogance that you post, which is an overall losing strategy.
 
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