Trading for Teenies. A Teenie was 1/16 of a dollar. Options were quoted in 1/16 and traders on the floor were either Teenie buyers or sellers.
Looks like options will be available here on Monday....
You shouldn't feel that way. Thats one of the purposes of this forum, to learn about these things. I am sure a lot of people don't understand...
Yes, premiums very high on the close here. You will generally only see this when there is potential market moving news coming out.
I explained in my post above. His option didn't expire worthless. It was out of the money based on the closing price. This means that long...
Options can be exercised up to 530 pm et (some brokers will have earlier cutoff times). They don't "expire" at the close of trading. There is a...
Are you sure IB doesn't allow shorting or were there no shares available at the time you tried to short. Iborrowdesk.com (which scrapes IB's short...
This is what happens when you let your Crocodile options expire in the money. Always sell before expiration.
The key here is where the stock is trading just before the exercise cutoff time of 530pm et. Options that are in the money based on the 4pm...
You are not understanding. I gave the 400 call as an example. What I am trying to explain to you is if you sell a put and short the stock, it is...
As @newwurldmn pointed out, selling a call naked is synthetically the exact same position as selling the stock and selling a put (of the same...
No, doesn't apply to futures options.
If you enter more than 390 orders on a per day average in a month, you will be considered a Professional Customer and will have the restrictions I...
The rule refers to entering more than 390 orders (not trades) on a per day average in a month.
I have had this happen to me and it's not good. Your orders would be tagged "pro customer" which means, You will pay increased exchange fees....
The way I read the OCC memo, basically all equity/ETF options. So if you have an option in SPY expiring Jan 9th and something dramatic happens on...
This is not completely accurate. As posted by the OCC in this memo, https://infomemo.theocc.com/infomemos?number=55826 Jan 9th options will not...
IB considers naked puts "Level 3" "Level 4" will give you, naked calls, short straddle, short strangle, short synthetic calander spread, credit...
Matt posts on the options and thetagang sub reddit fairly often ORATS_Matt (u/ORATS_Matt) - Reddit
You may also want to consider buying an SPX Box. Depending on the type of account you have it may have a minimal effect on your buying power. It...
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