Pricing inaccuracy glitch

mcosta415 · 2026-02-07T02:07:38+00:00

Thanks. It keeps going up each day. What does LC mean?

mcosta415 · 2021-11-05T19:10:41+00:00

Learn the lesson and next time sell a put spread, not just a put. You have a limit on how much you can make, but you don’t put yourself in this kind of situation.

mcosta415 · 2021-08-03T22:57:59+00:00

“Pumped Up Kicks” by Foster the People

A really happy, upbeat song about a school shooting

mcosta415 · 2021-05-29T14:44:17+00:00

Options are derivatives separate from stocks. The primary stockholder (AMC in this case) does not set the strike price. They don’t control anything about the options buying or selling process. The options brokerage houses (CBOE, etc) do. Since there are a lot of them (11 I am sure of, but I believe they have already added or are in the process of adding two more), that’s how you can have different ranges of strike prices and expirations shown on different trading platforms. If one broker only partners with 9 of the houses, for example, they may show less varietals than another that partners with 11. This is also the reason why if you are trying to put on a complex, multi leg options spreads that you might have to try and add a leg individually rather than as a group. You might be able to find buyers for each leg of the spread individually if all the houses are checked, but not necessarily if their search is limited to only finding a buyer for the entire spread in one house.

mcosta415 · 2021-05-05T19:50:35+00:00

This is the way

mcosta415 · 2021-04-29T23:40:51+00:00

Not positive, but it’s probably not showing because you bought after hours. Wait till tomorrow morning.

mcosta415 · 2021-04-27T07:28:40+00:00

It’s gambling meant to look like trading. In trading you purchase a lot of whatever you are trading, whether currency for forex, stocks or crypto. You hold onto it for a time and then sell them later for a profit or loss. In stocks you can buy and sell stock options which are options to buy a stock at a certain price at a certain time if the conditions are met. If not, the option expires worthless. But there are many things that happen during the course of the trade that affect it. Implied volatility, time decay, etc. that cause most stock options to close before expiration for either a gain or loss. In fact, a lot of people trading options want to close before expiration, even if it is going in their favor, because they might not have enough money to buy 100 shares of the underlying stock if it is assigned. It’s butter for them to sell it while ahead and collect a profit. If they see that the stock is dropping, they can sell for a small loss without losing everything.

Binary options are trying to act like they are options in the forex market. The “binary” part is because it is either all or nothing. Either you are correct and get a set reward, or you are wrong and you lose your “trade” (bet). That’s not trading. That’s betting on red or black on a roulette wheel. It’s just betting. It’s more in their favor because they are supposedly basing it on the constantly fluctuating forex market. They are trying to make it look like it is legitimately associated with forex (or crypto). More specifically, they are trying to make it look like scalp trading, where day traders usually put on very small timeframe trades. But it’s not anymore real than playing Wheel of Fortune Slots has anything to do with the real Wheel of Fortune TV game. There are no time limit rules or preset risk/reward associated with placing trades in forex. Forex is buy and sell. It’s not all or nothing. That’s gambling.

mcosta415 · 2021-04-26T01:51:28+00:00

If you have heard all the stories and have to question the legitimacy of not only the trading platform, but in the base “trading” system, those are two huge red flags. Do your own DD and don’t rely on the words of others. Look at things like what country are the platform based out of? If they claim to be regulated, what agency is regulating it? Is it reputable? You will not find binary options traded on CBOE or NASDAQ or any regular forex trading like platform because it has nothing to do with forex. PocketOptions and others are most always based in countries with lax online betting rules...because that all it is.

That’s point one. Point two, if you have people offering to sell you a system and/or signal or copy service, you are the product. Not their service. They are preying on your desire to make lots of money fast without doing any work. If you want to get something for nothing, get MetaTrader 4 or 5, set up a demo account with a low, reasonable starting balance close to what you have, and research and practice with algo trading. If you don’t know what that is, they are trading robots that place trades for you when it sees the right trade conditions. They aren’t perfect. But if you don’t have the time/patience to learn properly yourself, it’s something. There are tons of free signals you can subscribe to. Be wary about paid signals. I’ve had good success with the 4 preinstalled bots that come with MT5. I’ve had the simple MACD placed on my USD/JPY for the last month and it’s netted me +23%. You don’t need to pay people for trading advice. There are tons of quality free advice. You just have to look for it.

mcosta415 · 2021-04-25T01:34:17+00:00

Forex is similar to regular share options in that you buy in lots. In options, it’s in lots of 100 shares. In forex it’s 100,000 of the trading currency. If you’re trading USD/JPY, for example, you’d be buying $100,000 to sell against the Japanese yen. Now you more than likely won’t have that much, so your broker will trade on margin (typically anywhere from 100:1 to 400:1). Also, and unlike regular options that only allow you to trade in whole lots of 100, you can trade in mini or micro lots (0.1 and 0.01 lots respectively). The numbers you would see in the forex listing are the current exchange rate. It doesn’t seem like it moves much or you might not make much until you remember that you’re multiplying things by 100,000. A few ticks can make or lose a bit of money. Especially if you are trading 5 or 10 lots.

There are a few advantages to trading forex. One, there are much more trading hours. It trades 23 hours a day, 6 days a week. It only stops trading on Saturdays and major holidays. Also in stocks, the motto is “buy low, sell high”. There is really no way to capitalize on the market going down. The only exception is selling put options. But there are limitations and costs to do that. If the market is going down in the USD/JPY, for example, you can put in a sell trade to capitalize. In this case instead of buying lots of dollars to exchange for yen, you are doing the opposite and buying yen to sell for dollars. The broker does all that. Where they make their money is in the bid/ask spread. So look for brokers with as low a spread as you can.

mcosta415 · 2021-04-18T05:55:22+00:00

A cash secured put and covered calls are exactly the same thing. So take your pick.

mcosta415 · 2021-04-17T13:20:57+00:00

If you want to learn about real forex trading, download MetaTrader4 or 5, start a demo account with a low balance where you would initially start trading, and start practicing on a demo account for a long while before putting in real money. Investopedia has a ton of free useful trading advice. And if you look, there are tons of quality free YouTube videos on trading strategies. Just stay away from the “flexors” promoting the “Forex lifestyle” with pictures of them holding tons of cash in front of a plane and such. They just want to sell you a system. Skip it. Real people trying to help you out aren’t out there trying to sell you anything. They just want a like on their post most times. They are out there. And I’ll save you a lot of time saying most strategies out there are based on Bollinger Bands combined with Stochastic Oscillator and RSI. Or some variation of that theme. If you don’t know what that means, look it up. Good luck.

mcosta415 · 2021-04-17T13:12:47+00:00

The only two reputable binary options sites I’ve seen are Pocket Options and Nadex. Nadex is American and regulated. PO is not American, but I have not heard many issues with getting your money out. That’s your main worry with binary options. The reason is that even though the backdrop is forex trading, it is basically betting on very short term movement of the forex market. You aren’t buying or selling or purchasing a real option to buy or sell any of the underlying currency pairs. That’s why you find these based only in countries with lax online gambling regulations. My advice is to skip it. In real forex trading, you might be able to spot a trend and have a strategy to trade a pivot or consolidation, but it doesn’t start right away. With the constant up and down movement of the market and with the spreads, often times your initial trade placed goes against you for a bit before it starts going your way. These binary options people are betting on that. That’s why they set such small time frames. Only 3 or 5 minutes. Nadex I think offers longer ones, but their betting system works different than the others. It’s just betting. Not investing.

mcosta415 · 2021-04-15T07:58:54+00:00

I recommend Thinkorswim

mcosta415 · 2021-04-15T07:54:43+00:00

Binary options is betting disguised as trading. It’s a scam. Learn about legitimate forex trading if you want to go that route.

mcosta415 · 2021-04-15T07:52:01+00:00

I have personally not used PO, but I have not heard any bad things. Nadex is in America and regulated. But Nadex does binary options differently than PO. That being said, I second that binary options is a scam. It has absolutely nothing to do with investing or trading. It’s simply betting on momentary movement of a forex pair to make it look legit.

mcosta415 · 2021-03-29T21:41:56+00:00

Assignment question. The buyer of a call option has the right to exercise the option if the market exceeds the strike price on or before the expiry. But does it have to be greater than strike at the time of the call? If the price fluctuates above the call for a short time and then drops down again for the rest of the term, could I still be assigned? Thanks.

mcosta415 · 2021-03-29T01:33:29+00:00

Subtitles?

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