Do you trade more than 10,000 contracts/month?

Discussion in 'Options' started by rmorse, Jul 26, 2011.

Do you trade more than 10,000 contracts/month?

Poll closed Aug 5, 2011.
  1. YES

    6 vote(s)
    20.7%
  2. NO

    23 vote(s)
    79.3%
  1. rmorse

    rmorse ET Sponsor

    If yes, do you trade in a Customer Portfolio Margin Account?
     
  2. Eddiefl

    Eddiefl




    Who are you the SEC. ??


    No and yes are my answers.

    Kieser Soyse
     
  3. rmorse

    rmorse ET Sponsor

    With options, I would consider an "institutional" account one that trades more than 10K per month. Of course, someone that trades much less can end up with higher returns or a higher profit. But I'm trying to get an idea of what % of readers in this forum trade more than that level. Those traders would fall into my target market as an Introducing Broker that offers CPM.
     
  4. ET is probably the wrong place to reach that demographic lol.
     
  5. do paper trades count?:D
     
  6. daveyc

    daveyc

    portfolio margining is nice but if you're trading that kind of size and you have a sudden move against your positions, your buying power is eaten up very quickly and your account could become restricted, limiting you to close out positions only. i think you have to be extremely careful with this kind of leverage and i don't think anyone here is trading with that kind of capital.
     
  7. rmorse

    rmorse ET Sponsor

    I understand your concern. However, if you want to be a net seller of options, trading in a Reg-T account is very difficult. Also, PM is risk based, Reg-T is cash based. You can have a large position in PM that is hedged with limited risk and take advantage of the leverage, without having a large amount of risk.
     
  8. 10,000 contracts per month??

    An awful lot of ET-ers have trouble trading 10 contracts a month out of mommy's basement :)
     
  9. daveyc

    daveyc

    yes i agree the leverage can be used very effectively. i got the pm to use for one particular strategy only. if i didn't have the pm i would not be able to put them on.
     
  10. rmorse

    rmorse ET Sponsor

    If you trade greater than 10K contracts per month and are interested in the services an introducing broker can offer, please PM me your contact information. We are not a prop shop and don't back traders. We can offer you great service, professional platforms and rates tailored to your trading strategies and pricing needs.

    Bob
     
    #10     Jul 29, 2011