Expect everyone within your broker to be able to see your trades. Expect the brighter ones among them to wonder what you're doing. Don't...
The tick granularity can make things interesting from a spread capture perspective, if you're into that kind of thing.
The young ones, to into HFT shops / market makers. More experienced, into hedge funds, although some of these are starting to look more like...
Probably different reasons for different people. I'd guess it's the belief that there's easy money to be made, on a flexible, work from home...
Hey -- maybe read the Baird's "Option Market Making", or Natenberg's "Option Volatility & Pricing". You may find that everything's actually...
Meh .. zip your text file, then email it to yourself. Instant remote backup. & Check the encryption box on the zip if you're nervous about...
Yes. Got an alternative? Similar policy incentives at all insto brokers as far as I am aware.
Briefly .. you're assuming the call delta remains at 1 on the way down. And, because you're getting screwed on the FDIC insured overnight rate,...
Short tem, the spread will kill it. Long term, the interest you *forego* will. You're funding the guy on the other side remember. Net net...
To be clear, the IB / Timber Hill relationship does not bother me. While I would prefer to be transacting with naive customer flow, hitting...
haha .. ok, I buy into that. I'd guess that orc liquidator is just on the cusp of being too slow at the moment, depending on the strategy....
The surviving electronic market makers do have million dollar IT budgets, generally. Everyone else has been picked off to the point of "not...
Guys .. I find this statement pretty chilling. Personally I have a lot of respect for Timber Hill as a market making operation, and try to not...
.. Unless I have misread something .. Example looks "good" as written, but I would be surprised to actually see these prices in the market....
Extremely money hungry, opportunistic without regard to the welfare of others, brutally single minded, strong mental arithmetic although tries to...
Take a look at Orc. I'm going to assume that Timber Hill does not use TWS for its options market making, in any way. With TWS, and the IB...
Honest suggestion would be to take a programming course. Nothing too serious, but enough to no longer have to rely on tools, or on other...
You might find that the sum of the large number of small losers overwhelms the sum small of the small number of large winners. Pretty much any...
I would love to dedeuce your options, but there are two faults with my server.
"This" is how option market makers stay in business.
Separate names with a comma.