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Sam Chen

Mem_C
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Everything posted by Sam Chen

  1. Not that often, probably three times a week. And 1 contract each time, so it will make a small difference.
  2. Kim, can I ask a separate question regarding IB? How much commission do you pay for trading 1 contract SPX? I know IB has minimal $1.00 for option but exchange also charges extra fees. Is it $1.00 + exchange fee or $0.65 + exchange fee for 1 contract? I am trying to compare fees between IB and TD. TOS was down this morning again and that makes me want to switch to IB but the only concern is the minimal fee for options. The total fees for 1 SPX for TD is $0.65 + $0.58 which will be cheaper if IB charges minimal fee of $1.00 per contract. Thank you.
  3. May I ask what is the progress for #1 and #3? As far as I know I don't see these being implemented. I am seeing a lot of losing trades that the loss is beyond my stoploss limit because they are based on EOD price. No way to change to dollar denominated spread either.
  4. Just want to share a bad practice of mine. I set a GTC calendar order according to LULU discussion thread (no trade alert). I re-center this GTC order everyday but I forgot to pay attention to the earning day. It got filled one day after earning and the price dropped very fast because of IV drop (that's also the reason why my order got filled). When I found out, it already had 40% loss. Fortunately it was half position. However, if you only follow trade alert, you should be fine. You are supposed to remove your GTC order when the closing alert is sent.
  5. Thanks Kim for providing this excellent community! I'll pray for a speedy recovery for your wife.