Currently the PDT requirement is $25,000. FINRA is proposing to reduce it to $2,000. This is rule has a big effect on smaller options traders....
Also check out IBorrowDesk They scrape IBKR data for real time information.
This is completely incorrect. As mentioned in my other comment, there are certain situations where you should always exercise early.
Also, one big advantage of IB is they allow access to the SPX options overnight and curb session, if that is helpful to you at all. They are the...
IB will charge a flat rate of .65 and small reg fees (less if a lot of volume). But they pass on true SPX exchange fees of around .65 (exchange...
Your cheapest rates on SPX options will probably be at Fidelity. They don't pass on the extra CBOE exchange fees.
You will actually be paying 1.78 to open an SPX option contract and .78 to close at Tasty. To open 1.00 commission .10 clearing fee .03 reg fee...
Professionals will exercise options early when certain conditions are met. It doesn't really matter if they automate the process to do this. When...
Small amount available through Apex. 464% rate
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...
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