Diogenes Decisions

I would report them to the SEC or whatever governing board takes care of that and get away from them as quickly as I could. There should never be any mistakes.

Oh yes, no issue with that at all.

[skiracer]

Well, yes in the sense that I think there are withholdings that I need to get back (this is going slowly).
Yet, no in this sense that I have any positions with them that have not been closed out or in the process of being moved.

I would report them to the SEC or whatever governing board takes care of that and get away from them as quickly as I could. There should never be any mistakes.

Well, yes in the sense that I think there are withholdings that I need to get back (this is going slowly).
Yet, no in this sense that I have any positions with them that have not been closed out or in the process of being moved.

[skiracer]

[quote=diogenes;80786]Well, I have been somewhat low key in trading as a result having to pay for what I consider to be the worst broker: Zecco:
Let me count the ways:
1. Lost withholding papers twice
2. Margin account did not appear till about a month ago; yet it was set-up many months ago
3. Imaginary positions appeared in my account that really made it hard to trade around, .e.g, I closed out one position, but then it went long by twice the original amount, then changed to short the next day…
4. Account amounts turned up by a factor of four after hours for no reason
5. Account amounts turned negative after five by a factor of ¼
6. Margin Calls for positions that I did not have
7. Withholdings still…

And you still have an account with them after all of that?

Well, I have been somewhat low key in trading as a result having to pay for what I consider to be the worst broker: Zecco:
Let me count the ways:
1. Lost withholding papers twice
2. Margin account did not appear till about a month ago; yet it was set-up many months ago
3. Imaginary positions appeared in my account that really made it hard to trade around, .e.g, I closed out one position, but then it went long by twice the original amount, then changed to short the next day…
4. Account amounts turned up by a factor of four after hours for no reason
5. Account amounts turned negative after five by a factor of ¼
6. Margin Calls for positions that I did not have
7. Withholdings still…


This broker is not Huge.

Take the long straddle or strangle...I've always found that very interesting and even made some bux doing that back over 15 yrs ago...But you can lose it all if the stock doesn't move.

Well, yes; hence, the neat payoff diagram.

I should add the sensitivity to the greeks here will determine what a big move is.

[IIC]

A few picks for a couple of weeks

WNR
BIG
TSO
HOC
MIR

Now, for a bit of option fun.

http://en.wikipedia.org/wiki/Straddle

However, I must admit to be somewhat interested in how the pricing works out in incomplete markets and if option types impact the straddle.

That said, the straddle is a way to take advantage of a potential big move in the underlying.

Take the long straddle or strangle...I've always found that very interesting and even made some bux doing that back over 15 yrs ago...But you can lose it all if the stock doesn't move.

A few picks for a couple of weeks

WNR
BIG
TSO
HOC
MIR

Now, for a bit of option fun.

http://en.wikipedia.org/wiki/Straddle

However, I must admit to be somewhat interested in how the pricing works out in incomplete markets and if option types impact the straddle.

That said, the straddle is a way to take advantage of a potential big move in the underlying.

[Websman]

I like shortcuts

Good point....

[IIC]

wish you could spell...sheesh. jejejeje

I like shortcuts

Interesting read about the move, last week, here:

http://www.jasonkelly.com/index.html

[Websman]

Wish you would post your thots more often...Doug

wish you could spell...sheesh. jejejeje

Wish you would post your thoughts more often...Doug

I will try to keep that in mind.

[IIC]

Basic postions:

Options:

Put DIA
Call GM (This for a year)

Eq:

Long PSPT
LONG MKL

Coming soon:

Long
IW, ALAN,AFT


Picks come from across models to reduce risk.

Wish you would post your thots more often...Doug

Basic postions:

Options:

Put DIA
Call GM (This for a year)

Eq:

Long PSPT
LONG MKL

Coming soon:

Long
IW, ALAN,AFT


Picks come from across models to reduce risk.