Winning Options Strategy on CT

Discussion in 'Options' started by MikaDelattreTrader, Oct 23, 2024.

  1. cesfx

    cesfx

    How did you get those swings?

    From 70k to 20k and back to 80k?

    Were you exposed that heavily or was it a pricing issue on their side?
     
    #91     Nov 5, 2024
    cartouche likes this.
  2. poopy

    poopy


    Yeah, trading switches to the limit of your account. I got liquidated on a box arb at market on my honeymoon. They made it right. It was during the Enron debacle but I wasn't in ENE vol.

    They can/will change variation margin at will regardless of SPAN req. Good luck.
     
    #92     Nov 5, 2024
    cartouche likes this.
  3. The negative net liquidation value came back a lot. But still very negative... option prices seems good now, but I'm in serious trouble. Don't know what to do. I'm happy they haven't liquidated my position with the algo. Does any knows how IBKR operates when there's negative equity in an account ?
     
    #93     Nov 5, 2024
  4. I thought I had a good trade on CT option. Was too greedy, managing a good position with some other options to tame the margin on their model. I wanted to be short front month on CT, bought some put that was giving me some margin power, then grew the trade on the back month. All was good until then...
     
    #94     Nov 5, 2024
  5. I'm deeply negative -275K$. My heart is going to explode. They haven't touch a position. I don't know what to do. I don't have the money to pay
     
    #95     Nov 5, 2024
  6. poopy

    poopy


    I think it's zero liquidity marks. If you're not liquidated then you're probably OK going forward. $0.25 in the switch is nothing.
     
    #96     Nov 5, 2024
  7. poopy

    poopy

    I'd imagine your marks will improve with today's settlement.
     
    #97     Nov 5, 2024
    cartouche likes this.
  8. Thanks poopy. I hope so... They haven't touch a single position, even the liquid ones like ES, ZW, CL, JPU... This stupid CT is creating me this massive amount of stress
     
    #98     Nov 5, 2024
  9. poopy

    poopy


    Yeah, it's just BS marks. They are not going to liquidate you. You may want to free up cash in those non-CT positions just to make things clearer.
     
    #99     Nov 5, 2024
  10. newwurldmn

    newwurldmn

    i don't see how they can mark the spread 5 points against you.

    The marks are 0 at 1.5 and .24 at .59 respectively.

    it should be marked like 35k against you.
     
    #100     Nov 5, 2024
    poopy likes this.