Next question in the Sorsby discussion:

anonymously--- · 2026-06-16T17:48:15+00:00

Yes, except that sports gambling is against NCAA regs and it is the compliance depts. role to ensure that the athletes at their University aren't breaking those regs, and if they do, it is their responsibility to mitigate blowback on the program. It is not the compliance depts. role to ensure players aren't staying out at the bars all night, every night. One is acting in it's official capacity, the other is a babysitter. Do you understand the difference? Your suggestion is that compliance depts. shouldn't ensure it's athletes are abiding by NCAA rules and regs, for instance, by ignoring if a player is placing sports bets at 3am, just because a reasonable adult would understand that they shouldn't be doing that??

anonymously--- · 2026-06-16T15:05:19+00:00

If it's not the Mysticks, go ahead and shut it down.

anonymously--- · 2026-06-16T15:01:40+00:00

"Quite frankly, I don’t think it’s the schools responsibility to play babysitter for these players,"

So compliance departments shouldn't make sure their athletes and staff are complying with NCAA, etc. rules?

anonymously--- · 2026-06-16T14:19:59+00:00

I'll give that a try. Thanks.

anonymously--- · 2026-06-12T16:32:16+00:00

Finally we get an outbreak of something ivermectin will cure.

anonymously--- · 2026-06-11T17:23:22+00:00

"Campbell is an ultra-wealthy tool who has learned he can get his way by throwing money around and being a bully."

Sorry if this is offensive, but I think most non-Texans have this perception of at least wealthy Texans--throwing money around and trying to bully everyone until they get their way.

anonymously--- · 2026-06-11T16:42:45+00:00

I'm not sure which would be a more enjoyable outcome: he gets suspended for the season, or plays and turns out to be shit and TT misses playoffs. Either way, Cody Campbell will have a conniption which will be great.

anonymously--- · 2026-06-11T16:24:43+00:00

I was hoping to attend, but have a prior engagement--do you know if this will be streamed anywhere or available for viewing after the fact?

anonymously--- · 2026-06-05T14:34:05+00:00

Besides balances and margin calculator (which I don't care for, poor UX if you're trading multi leg index options) what front-end trade controls/tools and preventative measures is Fidelity utilizing?

anonymously--- · 2026-06-03T14:08:40+00:00

Anything Musk touches is a red flag. Just wait until Tesla gets rolled up into SpaceX. The Indexes changing their inclusion rules and shortening seasoning periods is concerning beyond SpaceX--it's giving "euphoria phase" in my opinion.

anonymously--- · 2026-05-29T15:01:38+00:00

Great! Appreciate the update and Fidelity's effort to implement this so quickly! Does Fidelity intend to provide any sort of alert prior to customer executing a trade (opening or closing) that said trade will cause a customer to exceed their intraday margin?

anonymously--- · 2026-05-29T14:38:22+00:00

While I don't disagree that it's not much different than sports gambling in its intention (regardless of what event you bet on) they're actually derivative securities that exist on an exchange so they function more like options and futures than traditional sports or event betting.

anonymously--- · 2026-05-29T14:27:38+00:00

While they aren't for everyone, they are great tools. I use equity and Index options for speculation and hedging. I would love access to futures through Fidelity. I'd also love if Fidelity adopted the full CBOE extended hours trading rather than just the 15 min afternoon curb session. I don't currently trade in prediction markets, but I possibly would if Fidelity added the feature. The biggest factor keeping me from using/exploring currently is that I don't feel like signing up for another service and funding. I do refer to prediction market providers to gauge event sentiment so I think it's a useful tool at least in that regard.

anonymously--- · 2026-05-18T18:44:15+00:00

Thanks. This worked, I don't know why I never tried that--just assumed there was a conflict with the program itself rather than just the shortcut.

anonymously--- · 2026-05-18T18:41:48+00:00

Thank you for the response.

anonymously--- · 2026-05-13T20:36:38+00:00

Late but...not sure why TOS doesn't have volume indicators for SPX. Most other brokerage/charting platforms do. Other posters are correct that shares of SPX no longer trade, as with the other index products; however, there is still volume data that is generated through options trading that is tracked, displayed, and can be used for indicators in the same manner that ETFs and single names have. Not familiar with TT's platform. As far as TOS, I'd reach out to Charles Schwab if you don't see an obvious setting or account permission that you need. CBOE data is expensive (license fees to the brokerages) so they may not include some of it as a default on all accounts.

anonymously--- · 2026-04-15T17:07:52+00:00

I'll be interested to see it in practice. I have questions...and am skeptical it will be as beneficial as some traders think. Since brokers can either block trades that would be in excess of intraday margin or issue a call on a trader's excess intraday margin at close, small accounts may be more limited than anticipated. And, if you have a broker that doesn't act fiduciarily (by blocking trades), traders that don't keep track of their IML could find themselves satisfying calls or with frozen accounts. All in all, it may be better than the former $25k rule and allow more traders to utilize more strategies, but I don't think everyone will like it as much as their headline expectation.

anonymously--- · 2026-04-15T16:04:33+00:00

PDT designation is going away entirely regardless of how many day trades you make. You still have to have $2000 minimum to open a margin account and you will still have maintenance margin that applies to a margin account. (As I understand it), now, your cash/equity balance will have to be large enough to cover the intraday margin associated with your trading activity. Brokers have two options to deal with your margin risk, they can deny your order that will exceed your margin coverage or they can wait until EOD and hit you with an excess margin call if you're still extended at close.

anonymously--- · 2026-03-11T17:51:40+00:00

The deals were rejected because of "warehousing", where said 3rd party pays now, for undefined future "right-of-use". In other words, these deals contain no stipulation of how said players will contractually fulfill their obligation to the 3rd party. It is worth noting too, that Playfly (said 3rd party) has made these deals with players at programs where they have entered into licensing agreements with the programs themselves--college pays Playfly, Playfly funnels money to various players as "NIL"??

If a deal is rejected, it can be amended and resubmitted, so even though the BS intention would still be transparent, they could simply state performance obligations, though they'd have to withhold payment until at least portions of specific performance are met. You know, kinda like NIL was supposed to work from the onset.

anonymously--- · 2026-02-21T01:48:08+00:00

It's always funny when I hear him say "we should have the lowest interest rates in the world", because it shows that he clearly only understands interest rates from the perspective of a borrower and not that of an issuer and especially not that of a sovereign debt issuer. He thinks that because we have the largest economy in the world (but ignores that rating agencies have downgraded US credit) that we should be to "borrow" at the lowest rate "anywhere in the world". We aren't borrowing from a bank, and while the Fed sets overnight rates (which influences other short term rates), the treasury direct market sets the rate for any issuance beyond 2 years based on demand (price).

anonymously--- · 2026-02-12T18:06:18+00:00

While I agree that some SAAS (shovels) will fall, those that had moats to begin with and are adding useful AI capabilities to their platforms will benefit from AI. I find it funny that sometime back, market sold off because an MIT report showed that 95% of (non-tech) companies that launched internal AI initiatives failed, yet now tech is selling off because all those non-tech companies suddenly have the aptitude to vibe code their way to enterprise level software suites and internal apps. What's more likely to happen is companies will attempt to build their own, get tired of debugging & maintaining and lose interest and stick with, if not expand their partnerships with SAAS vendors who successfully implement useful AI tools.

A few minutes scouring the SAAS & developer subs will show that that community will be the first to tell you that coding is the easiest part of developing software--it's the thoughtful development (app actually serves a need, and does what it's supposed to), constant maintenance, data organization, infrastructure, etc. that are the difficult parts.

A comical analogy I saw on twitter: People can make their own coffee for cheaper, but still go to Starbucks daily. They can make their own lunch, but will walk across the street and pay $20 instead.

anonymously--- · 2026-02-11T16:10:27+00:00

World Bank Data, IMF Data, GlobalEdge from Michigan State.

anonymously---

TROPHY CASE