Short selling at the Chicago Stock Exchange

Discussion in 'Options' started by arturo100, Sep 15, 2024.

  1. MarkBrown

    MarkBrown

    stan finney

    owner
    rainbow trading
    spyglass trading

    owner and advisor
    regal asset management clients walmart /mary kay / jimmy dean / recon exploration

    advisor operator branch office
    smith barney
    shearson lehman brothers

    advisor

    morgan stanley
    aladdin trading
    paine webber

    cleared in latter years thru ADT
     
    #11     Sep 15, 2024
    SimpleMeLike likes this.
  2. Robert Morse

    Robert Morse Sponsor

    I’m sorry he died so young. I’m not that familiar with the Chicago traders. Interesting you described him as the “largest” Option trader, not the most profitable. At his peak, how much AUM was he managing and was his forte options on what futures?
     
    #12     Sep 15, 2024
    MarkBrown likes this.
  3. MarkBrown

    MarkBrown

    Largest volume

    as far as aum have no clue / he owed his own bank and his widow #11 is worth 18B that is disclosed. note: cuban #26

    we traded the largest cap stocks in all the option-able indexes for decades and all major future products.

    traded outright 30yr and sp futures using ndr technalyzer platform automated cept for order execution run thru mercury trading.

    1 of stans 3 rules "son we only sell options here, we don't buy them"

    so yea robert ... some boastful option aholes look pretty small to me. their ego is much larger than their hypothetical profits.
     
    Last edited: Sep 15, 2024
    #13     Sep 15, 2024
    Real Money and SimpleMeLike like this.
  4. Databento

    Databento Sponsor

    Yes, tick-by-tick, timestamped to the nanosecond.
     
    #14     Sep 15, 2024
    Baron and MarkBrown like this.
  5. schizo

    schizo

    What were the other two?
     
    #15     Sep 15, 2024
    MarkBrown likes this.
  6. MarkBrown

    MarkBrown

    never mention Elliot wave

    we don’t paper trade here
     
    #16     Sep 15, 2024
  7. schizo

    schizo

    LOL I was hoping you'd say that.
     
    #17     Sep 15, 2024
    MarkBrown likes this.
  8. MarkBrown

    MarkBrown

    I’m building in Python a project and would like to have everything handled in Python including the data pull. Exchange fees paid separately right? Can you shoot me a quote for ES.
     
    #18     Sep 15, 2024
  9. 2rosy

    2rosy

    Selling options?
    You don't have to make money to make money.
     
    #19     Sep 15, 2024
  10. Robert Morse

    Robert Morse Sponsor

    There was a saying on the AMEX floor, "whoever dies with the most toys wins". I do not live by that. Your friend passed away rich at 62, that is horrible. I do not want other traders here to feel like they need to trade large to do well. Make money every week and every month. Have fun when not trading. Sometimes doing well is better than the biggest and the best. Life is not about collecting the most. Stay fit, make money, have fun- you win.

     
    Last edited: Sep 15, 2024
    #20     Sep 15, 2024