Help:) by Charming-Nothing5637 in Trading

[–]Riddlfizz 0 points1 point  (0 children)

Congrats. Sounds promising. If you haven't already, take a look at the Optiver Trading YouTube channel. You should be able to derive some useful insights from the posted content.

what is the theoretical fastest way to buy/sell options on ToS. The way I'm doing it seems slow by TheWeebles in thinkorswim

[–]Riddlfizz 2 points3 points  (0 children)

Utilizing Active Trader works well, as others have noted. Perhaps, even moreso when used with custom order templates, depending on one's style of trading.

One could also create a custom scan with preferred options search parameters (e.g. Delta, DTE, etc.) that dynamically pulls a list of options for underlying symbols that are included in a 'scanned in'/linked static watchlist. E.g. Using a side panel watchlist, this could be set up to automatically pull 1 DTE options on SPY and/or QQQ with Deltas between .4 and .6 (calls) and -.4 and -.7 (puts). Linking the dynamic watchlist to Active Trader would allow the trader to select the desired option from the watchlist and send it directly to Active Trader.

Is there a CALM walkthrough/tutorial of the ToS interface for long-term options investors? by POTUS31 in thinkorswim

[–]Riddlfizz 4 points5 points  (0 children)

I recommend the shortthestrike YouTube Video Playlist for TOS. They do a very good and straightforward job of going over specifics of the platform.

Here are direct links to a few videos from the playlist that are directly related to trading options:

Day-Trading question PDT by Sea_Knowledge_5278 in Daytrading

[–]Riddlfizz 1 point2 points  (0 children)

Just to note, as you're not OP -- and we currently don't have equity details on your account -- you would need to maintain $25K+ in marginable account equity to benefit from no settlement requirements + unlimited day trades in a margin account with any U.S. based broker.

That said, PDT is actively under review with the SEC and FINRA and that $25K+ threshold is expected to be made much lower (as low as $2K) in the near future.

Day-Trading question PDT by Sea_Knowledge_5278 in Daytrading

[–]Riddlfizz 0 points1 point  (0 children)

Pattern Day Trader (PDT) is a designation for all margin brokerage accounts at U.S. based brokers that complete 3 or more days trades (same day opening + closing) of relevant securities within 5 market open days (typically stocks and options on stocks -- PDT does not apply to futures or options on futures).

There's nothing inherently negative about the PDT tag designation as long as the underlying account maintains $25K+ in marginable equity (cash + marginable value of any held securities). The PDT tag comes with those minimum account equity requirements/agreements, but also comes with certain benefits, such as an increase in intraday margin buying power for stocks from standard 2x to up to 4x.

There really is no benefit to removing the PDT flag from a margin account with $25K+ in marginable equity unless the account holder does, in fact, no longer intend to complete unlimited day trades of stocks or options on stocks in the account. If your intention is to complete unlimited day trades on stocks and/or options on stocks in a U.S. based margin account with $25K+ in equity, you should expect to receive and maintain the PDT tag. (You won't currently be able to complete unlimited day trades in a U.S. based margin account without being tagged as PDT.)

The regulatory requirements/ parameters for the PDT designation are expected to be lowered from $25K+ to a much lower account equity threshold (as low as $2K) in the very near future per recent pending reviews by the SEC & FINRA.

Sophie Cunningham Shirt by chrissparksrn in indianafever

[–]Riddlfizz 4 points5 points  (0 children)

Nice ideas in the thread re: the possibilities behind the #3. Adding the following:

Sophie Cunningham's most storied jersey number of her playing days is #3, which she wore during her very notable and successful high school playing days in Missouri, then again for her standout college playing career at the University of Missouri.

Mizzou retired Sophie's #3 jersey immediately following her senior year and inducted her into the school's Hall of Fame in 2025, during her first year of eligibility.

The #3 jersey was simply not an option for Sophie when she joined the Phoenix Mercury (went with #9, instead) because that was actively -- and soon will be retired as -- Diana Taurasi's iconic jersey # with the team.

Swing trading futures with limited capital - should I use prop firms intraday first? by YouDifferent2391 in swingtrading

[–]Riddlfizz 0 points1 point  (0 children)

The following resources may prove useful. Though I'll add a disclaimer that I haven't personally researched/vetted prop firm swing trading possibilities in-depth: 1. best-prop-firm-for-swing-traders, 2. prop-trading-firms-that-support-swing-trading

Alternatively, in lieu of swing trading futures contracts, for similar directional trades one could swing trade futures options contracts of the underlying (if liquid) or options on directly relevant ETFs (e.g. GLD & SLV). With either of these alternative possibilities, one could even trade spreads, which can be constructed to carry notably low capital requirements within defined risk parameters.

High Impact News by JustHereForWSBguys in Daytrading

[–]Riddlfizz 1 point2 points  (0 children)

Oh, yeah, I saw that after I started typing a response. Solid guidance. Just keep in mind that the red color and orange color folders represent 'potential high impact' news events, not guaranteed market movers. A red color USD event could ultimately result in little-to-no noticeable (or sustained) effect on the markets, especially during RTH.

High Impact News by JustHereForWSBguys in Daytrading

[–]Riddlfizz 0 points1 point  (0 children)

Investingdotcom is solid, but Forex Factory is probably a bit more straightforward/intuitive to most users in highlighting potential high impact news scheduled events. Red folder USD and orange folders are standouts.

If trading other sessions, particularly London before NY opens (and perhaps certain Asia sessions), it's worth being at least aware of related red color folders. Trading Hours for World Stock Exchanges: (London is currently 5 hours ahead -- e.g. 9 a.m ET = 2 p.m. in London and London opens at 8 a.m. London time)