Aurora Cannabis (ACB) has applied to list on the NYSE and expects to start trading before the end of the month. (It currently trades on the...
Thank you (to others also ITT) for the replies; I have indeed come to appreciate the value I lose in holding those near-worthless shorts to...
Just to be clear, by "take it and move elsewhere", are you advocating just sucking it up and paying the nickel to close them? (b/c that's largely...
I'm often short a medium-to-large position in the days prior to expiration, which is way out of the money (Delta of 0%, essentially worthless),...
Thanks for reply. Though I'm pretty sure that IB allows me to bid/offer $0.01 to either open or close a position, so submitting my orders isn't...
Maybe I wasn't clear in my OP, but I was specifically asking about the visibility of my $0.01 Bids...and whether it's true that I am literally the...
Most options I trade have a minimum Bid of $.05, even when the option is near-worthless (e.g. far OTM near expiration). However, as I understand...
Thanks for your reply. Can I ask you to clarify this hypothetical you gave above, since I don't think I quite followed it entirely, nor do I quite...
OK, thanks. Can you explain just how this works in practice? E.g.: 1) Algo pings my 2,000 x $4.55 Sell order sitting on the NYSE, verifies that...
Thanks for your reply, it makes sense. 1) Curious: what do you mean by algos "leaned on my order"? 2) I'm sure that I'm not using my SMART...
Right, but that doesn't really explain how my order could get jumped 'mid-fill', right? ...unless you're suggesting that a resting order could...
Here's what I don't understand: I submitted a Smart-routed Limit order at to Sell 2,000 XYZ at $4.55 (with the spread at 4.50/4.55) A lot of...
Just confirming that I tested it, and the modelPrice does indeed pull in what you're looking for (at least via the DDE API). gl
In the Excel DDE API documentation here, it lists one of the available values you can query as "modelPrice", which appears to be exactly what...
I'm not sure this is true; where did you get this info from? After poking around more on IB's website, I found this policy which appears to speak...
Reg-T. Right...but any idea about whether (a) the auto-exercise of ITM options happens before or after (b) the release of margin associated with...
Glad you asked this, since it fed into a related / follow-up Q I had. In this particular scenario, YES I would have been more than fine come...
Encountered this for the first time on Friday (expiration day) around 3pm: IB's system rejected my attempts to exercise ITM calls, saying that I...
...yeah, im confused about whether he's saying that his clients are restricted to only being able to trade things on US exchanges(?) But just...
...because you may want to purchase options on a company that's not interlisted on a US exchange?
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