If I am doing option research at Fidelity or Schwab...Are they selling the information to someone??

Discussion in 'Options' started by Cabin111, Sep 28, 2023.

  1. SunTrader

    SunTrader

    Checking on an option <> placing an order for an option.
     
    #11     Sep 28, 2023
  2. Cabin111

    Cabin111

    One last thought...Over night buys of CDs or US Treasuries. Would that information be sold?? I'm am talking in the millions/billions type of thing, with Schwab and Fidelity??
     
    #12     Sep 28, 2023
  3. newwurldmn

    newwurldmn

    schwab tracks your online presence and sells the info to citadel. When you do any financial transaction (including paying for things with cash) they run it through predictive models to determine what stocks you are likely to buy and front run them.
     
    #13     Sep 28, 2023
    TrailerParkTed and destriero like this.
  4. Cabin111

    Cabin111

    Do I want to read the fine print of disclosures from brokers?? No, I'm beyond that. Just wondering out loud...
     
    #14     Sep 28, 2023
  5. tiddlywinks

    tiddlywinks

    All of them mine your UI movements, clicks, order of the clicks, and via server and/or database logs, your "interests". The bigger question is do they connect the info with you/your account (if you are logged in), or is it merely generic insight into customer trends.

    At some point I will not be surprised that they will determine whether you have a trade, versus investment in mind versus just looking. And what initiated the interest.
     
    #15     Sep 28, 2023
  6. Cabin111

    Cabin111

    I like this guy's videos. I've clicked on them so much that Facebook thinks I'm from WI.

    Fine with me...

     
    #16     Sep 28, 2023
  7. Of course they will sell your information!
    You are a whale
     
    #17     Sep 29, 2023
    zghorner likes this.
  8. Sprout

    Sprout

    Robert popping conspiracy bubbles,.. "...but..but they hunted my stop!"
     
    #18     Sep 29, 2023
  9. Sprout

    Sprout

    Fun fact: (but different topic) That's how the Captcha determines if you are a human or not; by tracking the randomness of the mouse pointer path moving across the screen as you play their games training their Ai.
     
    #19     Sep 29, 2023
  10. Overnight

    Overnight

    What if you have a touchscreen laptop?
     
    #20     Sep 29, 2023