7 replies to this topic

[MikeyG]

Bearish fantasies are turning into a nightmare.

Just getting started!

Edited by MikeyG, 05 April 2020 - 08:00 PM.

[orange]

Can't cover when your short the SPY via options!

[trioderob]

Bearish fantasies are turning into a nightmare.

Just getting started!

 

oh sure you can get betters numbers when you lock down the whole of New York city - but here is my question for you

 

what happens when the city is not locked down anymore ???

[Darris]

No wonder SPY shot up from 250 to 255 at 8pm EST when TDameritrade allows trading in spy to resume. Hedging those puts.

[12SPX]

No wonder SPY shot up from 250 to 255 at 8pm EST when TDameritrade allows trading in spy to resume. Hedging those puts.

Allowed trading what does that mean?  

[Darris]

I am familiar with two brokerage firms.  TD Ameritrade and Interactive Brokers.  In the last year or so, TD opened up trading in ETFs like SPY QQQ and maybe a few other highly liquid ETFs for around the clock trading.  Futures open at 6pm EST and TD "allows" trading to occur at 8pm EST on Sunday evening for the ETFs they have choosen.  TD does not allow trading on all ETFs until like 7am EST Monday - Friday, where as Interactive Brokers or IB allows trading to resume for all ETFs and stocks at 4am EST.  IB does not offer any ETF or stock trading on Sunday and no trading from 8pm thru 4am during the week.  Each brokerage can be different and "allow" trading of various instruments at various times.  TD started zero commission ETF and Stock trading last year, so these off hours executions are commission free.  I have watched SPY from time to time and the spread is not that bad, and I would say about a dime if the futures are not moving too fast.

[12SPX]

Aw interesting, I use RJ Obrian for selling options and Interactive trading the ES which is open the same time that the CME opens it.  Don't really see why they are even allowed to raise margins but they did and now that volatility is coming down so are they.  I preferred the old days when no matter what happened margins never changed.  Didn't change until 9/11!!!   

[K Wave]

SOX just needs to punch through 1550, and should be off to the races....