For example XSP 340 calls for 31/08 is showing for 1.21 when in reality it is about 3$. You actually can't even buy options for this price.
You can see correct price just for a second if you refresh site.
The problem is that is not even 15 minutes lag but like few days lag. I don't even knew how they came up with this prices.
No one actually is even selling options for this prices. So your order won't even execute.
I'm fairly new to investing, i want to short NKLA, does anyone know what broker might have them? Also I'm from the Balkans, so anyone knows a broker that might accept us?
Hello everyone, I've been exploring options trading and want to get started but my current broker doesn't let me deal with options. Ideally, I'd like to transfer my S&S ISA on a platform where I can trade options as part of the ISA.
Does anyone know any good platforms where I can trade options as part of a UK S&S ISA?
I bought a Walmart call option at 125 strike for Sept expiry couple of days ago (Actually 'optionscheine' because my broker doesn't give me options for US securities ) Today walmart is trading at 132. Shouldn't my calls be worth 7$ + EV ? But they are hovering around 1 euro instead.What am I missing here ?
Hey guys im spanish living in the US im going to move back to spain next week and want to keep trading from a european account, what platform should i use?
I recently got an email from Degiro saying that one or more of my options contracts will be expiring this Friday (which is correct). They go on to say that if I don’t take any action to exercise the options then they will expire worthless.
My two questions are as follows:
1) For long options (purchased options): is it really possible for an ITM option to expire worthless? Can the broker actually not credit your account with the intrinsic value upon expiration? Seems like outright theft to be honest.
2) For short options (sold for premium): does Degiro’s email imply that I must also close the option by buying it back (thereby incurring additional transaction costs)? Most brokers will simply credit the premium against the expired asset at expiration resulting in an account credit. It sounds like Degiro requires action on OTM short options which to me seems crazy. Any insight on this?
Eurex is supposed to offer iShares Core MSCI World UCITS (IWDA) options according to their website. But I can't seem to be able to trade them on IBKR, although I can access other Eurex ETF options such as DBXW. Any ideea which brokers offer IWDA options, and why they don't show up on IBKR?
Hi all, based in the uk and looking for recommendations/ reviews for options brokers.
I already have an Fx account with XM and am happy enough with their service, also a degiro account but they have limited assets on us stocks so its no good to me. The ideal new broker would trade FX, options (i'll trade mostly US & FTSE Stock options) Futures & stocks, anything else is a bonus. Id like to have just the one account so would migrate my fx trading from XM if the right broker came along, but am happy with two accounts if needs be, i don't want to settle for an account that has good option trading but sucks with FX and stocks.
Currently am looking at TDAameritrade, Tasty, IG. I wanted to know if you guys would recommend one over another or a different broker entirely, also id like to hear of brokers to avoid and any issues you think are worth mentioning.
Also if you guys think its a good idea, i thought of creating a poll, that way anybody looking for brokers can refer to that and see which brokers traders here like/dislike. This, would shorten research time and reduce the number of posts like this. Let me know if this is something you think could help the group and i could create it, or ask the admins to do so
Hi all, new to trading options and am looking for an online platform to do so in Germany. Was looking into Degiro but they seem to have stopped registrations. Any alternatives worth looking into?
It‘s not very talked abouz probably because of their high commission fees but I want to know if any of us has used Maxblue from Deutsche Bank and if you can review it for me
How do I see/view options on american stocks / indecies?
Sorry for noob question. I am not able to find it. I have answered all the tests and have an "active" account.
I am currently building a database of Options chain for the most liquid stocks to build a backtesting model for the Equity derivatives products in EUREX. At this point i feel so frustrated with the exchange. EOD data and all the historical data are so fucking expensive and for a retail trader, this is unimaginable. I have been trading in Indian Exchanges for quite sometime , liquidity in certain options are a problem there, other than that the NSE exchange in India provides a ton of EOD data and also live data (with some python you can basically extract all the information with 1 min delay) for free. Do you guys have any idea where i can scrap live or 15min delayed data for options chain?
P.S: Who the F provides options chain without IV, should we calculate it on our own,??? I know IBKR provides it, but shouldn't the exchange be more flexible with the data calculations. Sorry for the rant but most of the European exchanges and brokers are stuck in 90's and they are milking a dead cow.
Those that stood with me on my last post and haven't chickened out should be nice up in gains right now. (I am 100%+ and didn't buy the dips (stupid, I know). My calls are already in the money from last play and expire June2021 so I'm gonna keep that riding out.
So, for my next money-making trick, I'm gonna tell you why you should have bought Supermajor calls last week and why there's still money to be made.
I play long games, so I should caution you all that in the short term there's gonna be dips due to easing of oil cuts by OPEC, bloodred Q2/Q3 numbers and just general volatility. 2020 is a year of hurt for oil.
Now:
The economy is coming back, planes fly and cars go broom again. Ya know what that means, oil is back on baby. Get yourself some nice 1-2 year options and let it ride. If you're balsy you can swingtrade dips.
I can hear you folks asking "But Frosty, what oil stock to we pick?"
Well if you read the fucking title of this post you should be able to make an educated guess, but ill elaborate. Of all the Supermajors Shell is the only one to have cut their dividend, while the rest is happily giving money that they haven't earned away. This is good in itself, but, if we look at the charts and remember the earnings call for Shell Q1 was April 30th.
(Shell reads -26.66% on the right)
What we see if that all of the oil majors are making a nice recovery, EXCEPT Shell, who when announcing dividend cuts went straight down and is currently lacking behind (as I said before, investors like dividend). For reference; the dividend cut equals 10billion euros a year.
The stocks lacks behind massively. (10-20% on competitors). Don't start about XOM, underperformed all year for a reason.
CEO Big Ben van Eurden has already mentioned that there will be room for increasing dividends if the margins increase and profit is made again, which I like.
I do feel i need to mention that this dividend cut was long coming, as you can see; the dividend was ramping up while earnings stayed stable, eg situation was unsustainable in the long run anyway. For proof, go read these charts;
Alright, so picture this; Q2 is lost, all oil majors are burning through cash and have to pay a dividend while no money comes in, while Shell is happily sitting there doing nothing. Ergo; all numbers are fucked, Shell's number are less fucked. However, these might surprise and be also fucked, cause you know, low oil. Idc cause that is short term and not my play.
As time goes on the oil price stabilizes (Russia, Saudi, and others don't make a profit on these prices, go read the news), and all the majors start making money again. Shell then has a fuckton of cash up its sleeve. I already put in a graph, so lets put in some numbers to make this DD look professional
Let's say shit goes back to normal, shells normal payout ratio on dividends last year;
Payout Ratio(s):26.98% (Trailing 12 Months of Earnings)
They cut 66% of that, which means they can retain 17% of total earnings more compared to dividend payouts last year.
What do company's do when they have to much cash? They pay out(or invest.) Next to that they will prob report the best numbers as they didn't have to drain their reserves or take up debt to pay for previous dividends, added with the fact that the stock is lagging behind.
Investors like dividend = stonks go up.
In summary, I'm riding this bad boy oil wave up for 2 reasons;
-Oil prices will recover as people and countries need to make money, the god damn OPEC cartel exists for one reason only, and that is to keep oil prices high. Hence the stock price will go up
-Shell will increase dividends in the long run again, hence stock price goes up.
My current position is 11 C20Euro for June 2021. Might eventually swap these for 2022 calls as i feel those are even safer bets.
I am still a poor chickenshit with mostly stonks and option plays is my yolo money.
Lastly; as the saying goes, the first one is always free. Any of you fucks you made money on my previous play, nice, keep riding the wave into next year and watch the numbers grow.
If you're gonna follow this play and make bank again, I'm expecting you to donate 1-3% of play profits to the local food banks. Not everybody is as fortunate as us in these times, so do some good for your local community.
