tigerfan4444

With this 10% pullback from Monday, there was more call buying today. They bought over 8100 of the April 25 calls for $1.90.

Not sure how to post pictures, but pull it up.

It reads RSX 5.65

Bid 5.95 (size 0)
Ask 5.98 (size 0)

Compare this to QQQ 337.30

Bid 336.17 (size 1)
Ask 336.26 (size 6)

It shows up as size 0 vs 0 when a security is halted.

Thanks for letting me know.

Earlier I tried buying puts a few minutes prior to posting here and also just buy RSX outright on Fidelity and it gave me the error message that only closing positions were allowed.

This evening on Schwab and it shows RSX as halted. Fidelity gave me the message: buy orders are not allowed for this security. Fidelity has a code on RSX that reads C Caveat Emptor with 0 on the bid and ask size.

I got in this today and I am already out.

There was call buying in the April 27 calls -- 2670 @ $2 now the bid is $2.80 in an hour's time

Have you traded options before with other brokers or is this the first time trading options on any platform? What is your general impression of Tastyworks and if you have used others before, how does it compare?

I have fat fingered orders with Schwab and not realize it until later. One example, I got filled on an order for 222 contracts when my intention was 22 contracts. I also use Fidelity, but they cap option orders to 200 contracts per ticket. I get it, but I would prefer that they raise/remove the contract limit if you are closing the position.

I have found that I get better fills with Fidelity than Schwab.

He has had the same opinion on crypto for many years.

quote:

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Nobody said that they dropped because they accidentally released early.

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The wording in the subject line does make one think that AFRM went down because they tweeted out numbers before the close.

FB and QCOM were unexpected. Who could've anticipated such a massive drop in FB?

The astute ones had their finger to buy QQQ puts. If you bot $1000 worth of the QQQ 363 puts expiring today right after FB earnings came out, then you could've profited over $11,000.00. This would've taken place in under 10 minutes.

Same with RIVN puts. I decided to get in them this morning too and made $1.65 per in less than 15 minutes, but did not buy anywhere near enough.

Didn't want to be too greedy, especially since I was down in most names and I got a late heads up on RIVN

Is there data showing the probability of making a profit if bought and sold before expiration?

If I hold an option until expiration, then I couldn't unload it for anything to minimize my loss and/or the cost with commissions would have been greater than the price I could get for selling it.

My goal is to never hold any option position through expiration.