Robert Morse's Recent Activity

  1. Robert Morse replied to the thread Best brokerage for SPX options trader.

    That is not going to work. You have to be a SEC registered Broker Dealer. The clearing firms that do that business do not take small...

    Jul 22, 2018 at 6:39 AM
  2. Robert Morse replied to the thread master Python programmer?.

    I might have someone. I'll ask him.

    Jul 22, 2018 at 6:32 AM
  3. Robert Morse attached a file to the thread Best brokerage for SPX options trader.

    The ORF fee keeps changing, but this is a good estimate if you qualify for the $0.35/option rate, not including the cost of software and...

    upload_2018-7-21_20-6-15.png Jul 21, 2018 at 8:06 PM
  4. Robert Morse attached a file to the thread Best brokerage for SPX options trader.

    Secret Santa, Newedge is now Societe Generale (Does not take small accounts) and I do not think Pershing is approved for PMA. Here is...

    upload_2018-7-21_19-41-29.png Jul 21, 2018 at 7:44 PM
  5. Robert Morse replied to the thread Best brokerage for SPX options trader.

    m0gambo, I sent you a Private Message. Bob

    Jul 21, 2018 at 7:28 PM
  6. Robert Morse replied to the thread how can we "lock" in margin fluctuation better??.

    It is simple. Your account# at your broker has 3 accounts in the background: Type 1 cash, type 2 margin and type 3 short stock. If you...

    Jul 20, 2018 at 5:12 AM
  7. Robert Morse replied to the thread how can we "lock" in margin fluctuation better??.

    In a typical month, are you borrowing money to hold long positions? Is this a Reg-T or PMA? Credit spreads no not cause borrowing. Bob

    Jul 19, 2018 at 8:01 PM
  8. Robert Morse replied to the thread how can we "lock" in margin fluctuation better??.

    Or, just move to another broker without an exposure fee.

    Jul 19, 2018 at 6:43 PM
  9. Robert Morse replied to the thread Is This What ET Has Become?.

    GhostOf144, was 144 your badge #?

    Jul 19, 2018 at 5:44 PM
  10. Robert Morse liked GhostOf144's post in the thread Is This What ET Has Become?.

    Not here often, but a quick scan of the headlines shows people unwilling to do any work. Here are but a few examples: Here's a guy who...

    Jul 19, 2018 at 5:43 PM
  11. Robert Morse replied to the thread Market-on-Close (MOC) for Options.

    +good luck asking your broker how it will be executed. It will either be held on a server and executed at the market within 5 min of the...

    Jul 19, 2018 at 3:58 PM
  12. Robert Morse replied to the thread Market-on-Close (MOC) for Options.

    NEVER, EVER, EVER use MOC (or MOO) orders for options. You can get very bad fills, they might not wait until the close, but close to it....

    Jul 19, 2018 at 2:59 PM
  13. Robert Morse replied to the thread Stock Scans.

    In addition, I would look at MarketChameleon. https://marketchameleon.com/Screeners/Stocks

    Jul 19, 2018 at 4:54 AM
  14. Robert Morse attached a file to the thread Stock Scans.

    Our Lightspeed Trader platfrom has a built in stock scanner called LightScan....

    upload_2018-7-19_4-41-41.png Jul 19, 2018 at 4:43 AM
  15. Robert Morse replied to the thread Globex Fee.

    Please provide an example from one trade.

    Jul 18, 2018 at 10:30 AM