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IBKR

Interactive Brokers Group Inc

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Mentions (24Hr)

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-46.15% Today

Reddit Posts

r/investingSee Post

I once read somewhere that major brokers will deal with the issue of physical delivery on futures expirations, for a fee, but can't find it again. (self.investing)

r/wallstreetbetsSee Post

IBKR Scrub Question

r/optionsSee Post

Interactive Brokers closing account, won't let me deposit funds to avoid liquidation

r/investingSee Post

What to own in IBKR for safe yield returns

r/optionsSee Post

I had my best trading day all year and in a very long time but have no one to talk to about it

r/wallstreetbetsSee Post

Blackrock just added up to their $LUMN position

r/wallstreetbetsSee Post

+8 million/2500% gain in 2 months, +20 million/5000% since April 2023

r/stocksSee Post

Best & reliable alternative to IBKR?

r/wallstreetbetsSee Post

IBKR on top of the game

r/wallstreetbetsSee Post

IBKR 90 Calls

r/stocksSee Post

IBKR- Interactive Brokers: overview and valuation

r/investingSee Post

How to buy Swiss govt bonds

r/investingSee Post

No reimbursement policy if hacked - IBKR Canada

r/wallstreetbetsSee Post

Rates cut will send BETR to the moon (Better Home & Finance Holding Co)

r/wallstreetbetsSee Post

If you want to day trade professionally, it's ABSOLUTELY CRITICAL that you trade with a professional platform that charges options fees.

r/optionsSee Post

Does IBKR require personal guarantee trading under LLC?

r/optionsSee Post

Would you guys have handled it differently if you were in the same situation?

r/investingSee Post

Would you guys have handled it differently if you were in the same situation? Sharing my investment experience with bad risk management strategy.

r/optionsSee Post

Understanding LLC Liability in Options Trading on IBKR

r/wallstreetbetsSee Post

ZIM: Betting on Red Sea Conflict

r/investingSee Post

IBKR alternatives for EU?

r/stocksSee Post

Worst brokerage platforms errors you have seen?

r/wallstreetbetsSee Post

Worst brokerage platforms errors you have seen?

r/stocksSee Post

Building up the $100k club

r/optionsSee Post

OptionStrat Pricing inaccuracy

r/wallstreetbetsSee Post

$COIN / Bitcoin ratio is stupid. Long BTC short $COIN

r/optionsSee Post

Some questions, sorry I'm dumb

r/wallstreetbetsSee Post

Just got approved for Options Trading on IBKR

r/optionsSee Post

IBKR vs TradeZero vs tastytrade vs Freedom 24

r/investingSee Post

Currency exchange IBKR or REVOLUT/WISE

r/wallstreetbetsSee Post

I've never seen that before

r/optionsSee Post

ITM sell put was not assigned. Was I this "lucky"?

r/investingSee Post

USA: Options for automatically moving small amounts of excess funds from a bank into a money market mutual fund or similar? (is this "sweep"?)

r/optionsSee Post

Margin requirements for vix options.

r/wallstreetbetsSee Post

$2300 to $12.3k in 2 hours

r/optionsSee Post

expiry/collateral on bull put

r/ShortsqueezeSee Post

Only 700 shares available for shorting on IBKR

r/investingSee Post

Interactive brokers weird commission policy

r/ShortsqueezeSee Post

A bullish case (w/DD) for Fisker FSR (SI: 41%)

r/investingSee Post

Best brokers for Switzerland

r/optionsSee Post

Trade exports from different brokers

r/wallstreetbetsSee Post

IBKR is fueling your gambling addiction

r/investingSee Post

Money Market Funds vs. T-Bills for Short-term?

r/optionsSee Post

Who has Cheaper commission than IBRK ?

r/investingSee Post

Taking advantage of high lending rate and dividend yield

r/stocksSee Post

Lending out ABR and securing 15% annualized return

r/wallstreetbetsSee Post

What’s the point of selling naked calls if you need to have the cost amount of shares regardless?

r/stocksSee Post

Investing of sum of money

r/StockMarketSee Post

Is this arbitrage?

r/stocksSee Post

Schwab canned TD app, other options?

r/investingSee Post

Interactive Brokers not filling orders, filling orders above limit price

r/wallstreetbetsSee Post

Alternatives to IBKR

r/investingSee Post

Alternatives to Interactive Brokers

r/stocksSee Post

Alternatives to IBKR

r/optionsSee Post

HEAVY CAUTION!!! Closing a Short Put Option deep ITM...

r/investingSee Post

Questions about bonds, mainly US treasuries

r/ShortsqueezeSee Post

$LMND - Potential Gamma Squeeze

r/optionsSee Post

I want the same Column in Interactive Brokers to help my option game.

r/wallstreetbetsSee Post

Price of Crude Oil vs Middle East death & injury tolls as reported by CNN

r/optionsSee Post

ITM put options expiring, but not enough cash in my account to purchase them

r/wallstreetbetsSee Post

IBKR Event trading

r/wallstreetbetsSee Post

IBKR Event trading

r/investingSee Post

What's the best online broker?

r/optionsSee Post

IBKR or TD options data

r/wallstreetbetsSee Post

Last 35k left and looking for strategies to 10x in a short time

r/optionsSee Post

Which broker should I choose?

r/wallstreetbetsSee Post

Beginner investor

r/investingSee Post

How is MooMoo? Recommendation for Canadian trading platforms.

r/stocksSee Post

How is moomoo trading exchange?

r/optionsSee Post

Order Flow with IBKR

r/ShortsqueezeSee Post

CHEATSHEET: The Basics of Short Squeezes - A 3-min Read

r/wallstreetbetsSee Post

BYND Meat, my short Thesis

r/investingSee Post

Starting a fund partnerhip. How to go abiut it?

r/investingSee Post

Must US brokers send an FYI about market orders to their clients who placed a market order in the past month by law?

r/optionsSee Post

is there a broker that allows automating weekly put writing?

r/StockMarketSee Post

I no longer like SIRI.

r/investingSee Post

Why does Fidelity have such terrible Treasury bond spreads and yields vs. market?

r/optionsSee Post

IBKR options auto-exercise

r/weedstocksSee Post

CGC 0 shortable shares, 170% interest.

r/investingSee Post

TD Ameritrade is beginning to charge users USD$50/month maintenance fees

r/investingSee Post

Td Ameritrade to Schwab: how's order execution quality in Schwab?

r/optionsSee Post

XSP liquidity and popularity

r/investingSee Post

Which free bond scanners(with ratings) are out there and which ones do you use?

r/optionsSee Post

IBKR - Equity with Loan - Reduction?

r/SPACsSee Post

IBKR Warrants

r/optionsSee Post

Trading exports from different brokers

r/stocksSee Post

Investing from Switzerland: IBKR vs Trading212 vs Degiro

r/wallstreetbetsSee Post

Help finding spiked up/down stocks

r/investingSee Post

Capital gains / Dividend tax on taxable MMF's for a foreign investor

r/wallstreetbetsSee Post

Which online brokerages should I consider?

r/stocksSee Post

How would you deal with your forex exposure?

r/wallstreetbetsSee Post

Can I get a count? DRS Price Hike: Would You Change Brokers?

r/optionsSee Post

Best hedge for SPY CSP

r/investingSee Post

How do American investors directly access foreign markets?

r/optionsSee Post

The best option strategy for a 1% income monthly.

r/wallstreetbetsSee Post

How will this play out? (IBKR)

r/wallstreetbetsSee Post

Question for T-bill investors

r/wallstreetbetsSee Post

IBKR Magic Trick

r/investingSee Post

How are brokers like Lightspeed or Dash Prime for portfolio margin buying power?

r/wallstreetbetsSee Post

Cost of options contracts:- AAPL / NVDA comparison

Mentions

Options Clearing Corporation takes care of it and IBKR (I'm also IBKR user) simply deposits the cash to your balance if you don't have the funds to auto exercise and get the shares. I don't know the exact mechanics but I'm 100% sure that you don't simply lose all your money if the contract is ITM but you don't have money to buy shares. It gets auto sold and you get your money with the profits.

Mentions:#IBKR

But who would they sell the contracts to after expiration? The contracts are finished. Would they not just expire? I've never left something like that, though I have written to IBKR and requested the do not exercise thing.

Mentions:#IBKR

I’ve use IBKR I have 0 issue trading anything, but some foreign stuff hits me with fees. I trade what I know, Id rather buy property or start a business in an emerging market than invest in a company there. But I know little of any of that Not my cup of tea

Mentions:#IBKR

I'm not a US citizen. I have heard it might be more complicated to diversify due to FATCA and paperwork. Every broker I ever used asked me to confirm I'm not a US person. I imagine onboarding would be harder if I was. I use a wide variety of brokerages from well-known international ones like IBKR and XTB to lesser known like Ilirika and TradeVille. If you venture in stranger markets not on IBKR, you probably need a local brokerage. There are fees involved. Since some markets are more illiquid and have less investors, brokers can't offer the service commission-free or only charge a symbolic commission.

Mentions:#IBKR

Big Bank: I hab no MONEH! FED: You have ample reserve, I give you more money, you have ample ++ reserve. Me: I hab no MONEH! IBKR: You have ample magin. Why IBKR no gib me more ample ++ margin?

Mentions:#IBKR

I have $25k cash already withdrawn from IBKR and in my bank ..ready to buy physical silver on this dip

Mentions:#IBKR

I hope that was sarcastic. If Fidelity is old school, IBKR is the way to go.

Mentions:#IBKR

I got fked in the ass by IBKR

Mentions:#IBKR

Ok, fair enough. I believe typically it would be automatically exercised, on margin if needed, or liquidated before expiration if you don't have the cash/margin. Check with the broker, e.g. IBKR rules: https://www.interactivebrokers.com/lib/cstools/faq/#/content/1163245142

Mentions:#IBKR

I switched from TOS as well . Just using IBKR for the rates and PM. Rates is like 4.7%, isn’t Fidelity kind of high at like 12%

Mentions:#IBKR

Check out Trading 212 or IBKR

Mentions:#IBKR

Also look into IBKR, margin rates is best/cheapest

Mentions:#IBKR

Yea that's still obscure for me - how IBKR calculates the margin requirements for a margin account

Mentions:#IBKR

Just use IBKR

Mentions:#IBKR

Interesting thesis. I wish I could pass IBKRs annoying options lvl 2 guardrails so I can short TSLA (which I already wanted to outside of your argument) but I’m probably too poor on IBKR

Mentions:#TSLA#IBKR

I’m using IBKR. But can also see it on Webull https://preview.redd.it/51gfeb9sedag1.jpeg?width=1290&format=pjpg&auto=webp&s=4c61c7a6b0eb818ef8da6a7eb6faa435a3ab7803

Mentions:#IBKR

IBKR is cooked can’t see shit

Mentions:#IBKR

Was looking for this. Borrow $8k on margin at IBKR for less than 5% interest, pay off the card, then buy $10k of QDTE to cover the payments + netting a profit.

Mentions:#IBKR#QDTE

Let's be rational here. To be honest, Robinhood turning off the buy button is a massive red flag. On paper, Robinhood’s ownership structure might look safer than moomoo's, but moomoo has never blocked trades or had glitches causing forced liquidations. If you’ve ever been in that position, you know how terrifying it is. Regarding ownership, moomoo is compliant and effectively just partners with Futu HK. You can check the details here: [https://en.wikipedia.org/wiki/Moomoo\_(company)](https://www.google.com/url?sa=E&q=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FMoomoo_(company)) That transparency is probably why people feel comfortable using them. Personally, I think their marketing is a bit aggressive, but their tools and fees really beat traditional brokers. For example, I prefer their options tools over IBKR’s. I actually keep my IBKR account for trading but use moomoo for analysis. Bottom line: tools are just tools, try them out yourself before depositing any cash.

Mentions:#IBKR

IBKR has a full desktop app, has great margin rates, and great order flow along with execution of trades.

Mentions:#IBKR

Lol, i was considering IBKR

Mentions:#IBKR

With IBKR in canada - u will be asked to exercise leap next day if ur short call reaches the strike . I had a word with them week back since I opened many short calls and only one goes with one leap ; others will be naked !

Mentions:#IBKR

IBKR are very strict about risk policy ans I encounter a lot of problems when shorting or buying commodities. I wouldn't suggest it if you're not a institutional investor

Mentions:#IBKR

I got margin called on my one SI Future Long in my IBKR paper account with 1,2M € available funds lmao 🫩✌️

Mentions:#IBKR

Moomoo's awesome. I was a bit worried about Chinese ownership, but the app's features are far better than anything I've seen elsewhere (like IBKR, etc.) so I just have to live with it The options trading tools in particular are great - only app I've seen with a calculator that quickly shows how the price and Greeks change when you tweak different parameters

Mentions:#IBKR

IBKR futures. I spend $30k a month on futures commissions so they allow me special access

Mentions:#IBKR

Fidelity, highly recommend it for overall trading, I use their CMA and CC also. However I am opening a trading account with IBKR, that will be under my trading LLC.

Mentions:#CMA#IBKR

I dunno where that 5% comes from. 2M you could plow into every stock exchange on Earth that isn't sanctioned and just withdraw the dividends and a few capital gains on obviously overpriced stocks. 1M is enough to buy every stock on IBKR that is not: a. obviously overvalued and b. obviously junk. That alone is exposure to half the planet. A good factor investing model will ensure you never run out of money unless the entire global economy collapses. Or you can use an international ETF or combination of ETFs.

Mentions:#IBKR

There is a retirement calculator available in IBKR. With 2M net, and the expenses at ~70k, starting age 36, you will have to return to work poor (0 net) at the age of ~50.

Mentions:#IBKR

I've read some of your posts and you look like a survivor and I think you would probably do very well trading especially with your coding background. IMMEDIATELY DUMP TD webbroker. They will screw you over and over and over again with their inflated fees and shenanigans. I moved to IBKR several years ago and have never looked back. A warning though it was a HUGE LEARNING CURVE. I started with the Client Portal but it kept booting me out and freezing and not letting me log in so I switched to the TWS platform which is quite buggy and antiquated but overall quite stable. It took a couple of years to get comfortable with it (TWS) but I don't think I could trade without it anymore. PM me if you want more info. Best of Luck, Twilighter.

Mentions:#IBKR

The USD-CAD exchange fee is expensive(1.5%) and it is not the best platform for trading due to its simplicity. They haven’t implemented advanced trading tools(although they say they will), and it’s data chart is not the most reliable. Overall, if you can one of the best platforms to trade in would be IBKR due to all the above.

Mentions:#IBKR

Okay yeah that sounds fair thanks for your message. I do agree I open my IBKR too often and get nervous. But that’s normal right? I’m still pretty young and this is my first investment

Mentions:#IBKR

No, I really don’t tbh which I should do more But my investment strategy was to dca into ETFs and some large cap stocks and forget about it. But then again, im a 21 yr old that gets a little too excited abt my first investment and opens my IBKR too often

Mentions:#IBKR

Mods ban this regard. 2 days ago he had 600k in IBKR. https://www.reddit.com/r/smallstreetbets/s/4YcwF9rp21

Mentions:#IBKR

I use IBKR, and they have such a high degree of options to tweak your experience. Its .... 500 account size and 1.50 a month to see realtime option chains.

Mentions:#IBKR

I'm building a software for IBKR copy trading that will do exactly as you mentioned. Please DM me for more info.

Mentions:#IBKR#DM

I've used schwab for 6 years before I switched to IBKR. Originally, I was just doing a simple portfolio and had buying assets on a reoccurring basis. When I wanted to get into more active management, I found the platform to be convoluted and confusing. Switched to IBKR and the experience is just a lot more intuitive to me.

Mentions:#IBKR

If you used IBKR in April, there was a margin calculation error, which may be why you weren't able to close your positions. It was April 4th, to be precise.

Mentions:#IBKR

And how do you automate the trades? Also APIs? The only broker with API access I know of is IBKR.

Mentions:#API#IBKR

Are you based in the US? I would love to buy SK Hynix but the available ADRs have extremely poor liquidity. None of the big brokerages allow you to trade Korean stocks directly. The closest thing is IBKR, and I’m not excited about opening up a new brokerage.

Mentions:#IBKR

Can do algo trading with IBKR and TWS

Mentions:#IBKR

You’re on the right track thinking about DTE + delta — that’s already more structured than how most people start A few points that might help: 1. About the 40+ DTE / 70 delta idea That framework is usually used for: * Directional trades with a higher probability of finishing ITM * Slower theta decay early on * More stock-like behavior (high delta) The tradeoff is you’re paying more premium, so contract selection really matters (break-even, ROI, downside risk). 2. Tools that can filter by DTE + delta Most brokers *can* do this, but it’s usually clunky: * Thinkorswim – custom option filters (delta, DTE, volume) * Tastytrade – decent filtering, more strategy-oriented * IBKR – very powerful but not beginner friendly These are good for *finding* contracts, but they don’t always help you compare which one actually makes sense for your thesis. 3. Structured workflow that helped me What helped me personally was flipping the process a bit: Instead of starting with the chain and filtering forever, I now: 1. Define my target price 2. Define my timeframe (ex: \~45 DTE) 3. Then compare contracts that fit that idea I’ve been using calculators to do that comparison (ROI, break-even, risk) side by side — much easier than eyeballing chains. I’ve tested OptionHype for this recently and it’s useful for sanity-checking contract choices once you already have a thesis. 4. Beginner advice (important) Since you’re new: * Don’t rely on delta alone — always check break-even * High delta ≠ low risk * Paper trade or size very small until you’re consistent Structure comes from repeatable rules, not just scanners.

Mentions:#IBKR

If you’re trying to keep it structured (especially as a newer options trader), I’d separate option selection from price context. For the filters themselves (40+ DTE, high delta), most platforms can handle that: • Barchart, Thinkorswim, and IBKR scanners can all filter by DTE, delta, liquidity, etc. • That gets you the contracts that fit your criteria, but it doesn’t really tell you where you’re buying them in the broader price structure. Where I see newer traders get tripped up is buying high-delta options without checking if price is extended or sitting in the middle of a range. Personally, I usually sanity-check structure first (trend, range, key demand/supply) and then look for the option that matches it. I sometimes use something like ChartScanner.ai just to quickly see whether price is trending cleanly or chopping before even opening the options chain. So workflow-wise: 1. Check structure / location on the underlying 2. Confirm trend vs range 3. Then use an options scanner to filter DTE + delta That way the scanner supports your thesis instead of replacing it.

Mentions:#IBKR

This depends on the broker. Try to do it on IBKR.

Mentions:#IBKR

You’re not following this conversation very well. I’m the only one that brought those two institutions into the mix. They were a direct response to a question, *you* asked. A question you asked because you called into question my claim that vanguard is not really full-service (which it’s not). My only other point was where Vanguard does overlap with more feature rich providers, they’re more expensive. Fidelity, Schwab, and IBKR are more comprehensive providers…in that order.

Mentions:#IBKR

I’m in Alaska, US. Seems the $10 a month fee for IBKR pro is worth the 1% savings. Is it easy to subscribe to pro than go back to lite when/if not needed?

Mentions:#IBKR

Unfortunately I’m not a real estate investor, but if your gonna put your preferred rewards into IBKR or buy preferred shares of a real estate fund the platform will serve your needs. But when I comes to using investment backed loans for a real estate down payment or investment might be too risky due to margin calls

Mentions:#IBKR

Depends on where you live, but IBKR rates are hard to beat or at a minimum are going to be very competitive.

Mentions:#IBKR

Fidelity, ETrade, Webull, Schwab, IBKR all will 

Mentions:#IBKR

I Use IBKR so I would recommend the transfer. It’s a more sophisticated platform but it is THE brokerage most people should use right now

Mentions:#IBKR

Merci pour le retour ! J’aimerai bien changer aussi - suis chez Degiro en ce moment. Pourquoi avoir choisi IBKR ? D’ailleurs il me semble qu’il y a les options maintenant sur Degiro … faut que je vérifie ça haha

Mentions:#IBKR

Fidelity, Schwab, and IBKR are more comprehensive…in that order.

Mentions:#IBKR

Many don’t trade, but those who do who I know seem to lean towards IBKR.

Mentions:#IBKR

TOS = Schwab. IBKR has a very large swatch of self high net worth clients. Fidelity also has a large client base.

Mentions:#IBKR

5 years ago you'd only hear the same 3-4 names here (and they are still dominating the wallet share of older HNW folks), but the gap between legacy brokers and newer platforms is much smaller than it used to be. A lot of HNW DIY investors are rethinking what they actually need and are increasingly turning toward newer all-in-one players (Public, Robinhood, WeBull) because they offer modern UIs, smoother workflows, and often lower or more transparent fees - plus increasingly robust product access (not just basic stock/ETF investing anymore). IBKR / Fidelity / Schwab are still common, especially for certain cases (global access, specialty products/funds, etc.), but it’s no longer “legacy or bust.”

Mentions:#HNW#IBKR

IBKR. Mainly because margin rates are low, but the platform has some nice features for portfolio trading and trading algos.

Mentions:#IBKR

Can you share your strategy? I’ve tried options on IBKR once and lost every penny of it!

Mentions:#IBKR

Si tu veux une interface plu simple avec IBKR, tu peux DL leur app « Global Trader ». C’est les même identifiants que pour ton compte classique et l’interface c’est la version Robinhood de IB, si tu vois ce que je veux dire. L’avantage c’est que tu peux utiliser les 2 apps de manière interchangeable.

Mentions:#IBKR

Bro, comment tu as fait de telle perf juste avec des call ? oO J'hésite à aller chez IBKR car c'est une galère pour déclarer fiscalement.

Mentions:#IBKR

Beau resultat ! C’était facile de passer de Degiro à IBKR? J’ai les deux, avec un plus gros portefeuille Degiro qui a selon moi une interface plus claire et lisible mais qui n’a pas les options…

Mentions:#IBKR

I transferred my positions from an other broker, DEGIRO (I’m French we’re not big finance nerds here) to IBKR 1 year in I think At this point I was up from $81.5K€ to \~120K€. So the all the positions that arrived to IBKR were around this number After that I obliterated my account to a low of 14K€ lmao (I’ll screenshot the closest I can find on the graph) And from these 14K€ I’m here now But again, for some reason check out this screenshot, it doesn’t make any sense https://preview.redd.it/wglif1n1n19g1.jpeg?width=1284&format=pjpg&auto=webp&s=eba2771e26c42b144878ad8bebdc64c0ffb74882

Mentions:#IBKR

Now let’s see the performance all time metric? Lol in IBKR you could literally just deposit an extra million and it would still be reflected in the value percentage even if you were net negative on your returns.

Mentions:#IBKR

I didn’t start at 5K€, IBKR got it all mixed up, I started at 81.5K€ in 2020

Mentions:#IBKR

IBKR UK supports Wise transfers. Did you look into that?

Mentions:#IBKR#UK

Maybe I should do that. Is it possible with IBKR? Probably just need to ensure I have anough liquidity by the time the recurring buy is set

Mentions:#IBKR

I suggest IBKR, maybe message their support chat and get it put on there.

Mentions:#IBKR

Not sure how helpful this is. I'm Australian and have used both Superhero and Betashares before (both Australian stock apps) we also have Stake (maybe I'm misremembering that name it sounds like a gamba app) You might need Australian ID for them. BTW have you tried using a Wise bank account ? Transfer from EURO -> AUD -> IBKR APP I'm not sure if it will work just a thought

Mentions:#IBKR#APP

The convention is SPX for AM settled and SPXW for PM settled - but IBKR may not be following it.

Mentions:#IBKR

i’m in Canada and can basically touch all international markets with IBKR. I’ve used about 3 or 4 different brokers in the past IBKR is by far the best

Mentions:#IBKR

No, actually sounds good. Let's see how it goes. I'm a big fan of blockchain tech anyway. Although I must say I already have full access to world markets with my IBKR account as a European citizen. Almost my entire portfolio is American stocks.

Mentions:#IBKR

I’m 25F and I am about 2.5x levered in my net worth in SPY. I do this through buying VOO shares on margin. The interest rate on my loan is currently 4.6% through IBKR, and I deduct this from capital gains on my tax returns. I don’t hold levered ETFs for the reasons you mentioned, namely vol decay and high expense ratios.

Mentions:#SPY#VOO#IBKR

IBKR and nothing else comes close

Mentions:#IBKR

AI Brief (not double checked); No, you will **not** have to physically take delivery of barrels of oil at a storage facility in Cushing, Oklahoma. Interactive Brokers (**IBKR**) has a strict policy against customers making or taking physical delivery for most commodities, including the CL (Light Sweet Crude Oil) futures contract.  IBKR has automatically: * **Liquidated your futures position**: The broker is in the process of, or has already, closed out the resulting long or short futures position on the open market to prevent delivery obligations and cover the margin shortfall. * **Charged your account for losses/fees**: You are responsible for any losses from the spread, the forced liquidation, and potential additional fees.  The goal of this policy is to protect retail traders from the logistical and financial burden of dealing with the physical commodity, which involves arranging storage, insurance, and transport.  Your total potential financial loss at this moment is approximately **$8,500 per contract**, plus any applicable fees. This is calculated based on the maximum possible loss for a bull put spread. Loss Calculation The maximum potential loss for a bull put spread occurs when the price of the underlying futures contract is at or below the lower strike price at expiration.  * **Your Spread:** 57/65.50 bull put spread * **Lower Strike Price:** **$57.00** * **Higher Strike Price:** **$65.50** * **Crude Oil Futures Price (at settlement on December 19, 2025):** Approximately **$56.66**  Since the underlying crude oil price is below your lower strike of $57.00, the maximum loss scenario is triggered. **Maximum Loss Formula:** (Difference between strike prices - Net premium received) \* Contract size Assuming you opened the spread for a **net credit**, your maximum loss is the difference between the strikes minus that credit. * **Difference in Strikes:** **$65.50** \- **$57.00** = **$8.50** per barrel. * **Contract Size:** Each CL contract represents **1,000 barrels**. * **Total Loss (before premium and fees):** **$8.50** \* **1,000** = **$8,500** per contract.  The actual final loss will be reduced by whatever net premium you originally received when you opened the spread.

Mentions:#IBKR#CL

Call IBKR and they can walk you through what is going to happen (or already happened). You have bigger balls than me playing with options on oil futures and letting them ride to expiration. This one is probably gonna sting a little.

Mentions:#IBKR

AMZN, PM, PWR and IBKR Maybe not my top picks, these are just odd the top of my head, but what I’d be looking for are companies with a large moat, sticky customer base, long history, and good free cash flow.

No one mentioned it… Tradier has a friendlier API than IBKR.

Mentions:#API#IBKR

IBKR is one of my trading platforms. It has a vol lab tab that answers all your questions in graphical form.

Mentions:#IBKR

I planned on IBKR API but honestly, as a swing trader, i find their cost and API limits to be silly. Instead I went with a provider for tick data and process everything myself. Its easier for me to find plays, and then time when I want to enter and how much. I can also adjust and process the data on the fly vs having to rely on them.

Mentions:#IBKR#API

ORCL up more than 7% today and my calls are still not green. IBKR is fucking rigged bullshit

Mentions:#ORCL#IBKR

Your alternative approach and the IBKR+Python approach are the same thing. Your Python code needs to connect to a broker’s API, like IBKR’s, in order to execute trades. And the broker will provide a data feed. The only reasons you would want a 3rd party data feed is if the broker’s feed is too expensive or too slow. For instance, IBKR’s TWS API updated option quotes every 250 milliseconds and has limitations on simultaneous streaming symbols requiring paying more to exceed the limit: https://www.interactivebrokers.com/campus/ibkr-api-page/market-data-subscriptions/#market-data-lines There’s quite a few broker/data feed APIs: IBKR, Lightspeed, TradeStation, Public, Tradier, Tastytrade, etc. I prefer IBKR because they have great order execution personally.

Mentions:#IBKR#API

Thanks for your response. IBKR is definitely the most recommended way to automate the strategies. Just a question: Are there any specific issues or lack of feature which you faced with IBKR for which you think you might want to go to another platform or build your own engine/system ?

Mentions:#IBKR

I have used IBKR for (testing) automation. I am not an engineer but have some basic programming background and was able to pull it off. It's definitely doable

Mentions:#IBKR

Paper account on IBKR and link that with [Portseido](https://portseido.com) for analytics.

Mentions:#IBKR

I don';t known about your broker, but in IBKR yout still can excercise options on frobidden ETFs, that's the way many europeans buy us based based etfs here. I ams sure you can do that too. What you can't do is to increase your position later, only decrease it

Mentions:#IBKR

Commission and spreads really eat into profits on the smaller tickers, at least on IBKR, from what I’ve seen.

Mentions:#IBKR

lucky I am using IBKR

Mentions:#IBKR

I trade them at Schwab and Tasty. Schwab is cheaper. Both execute fills easily and without a lot of slippage. I've never tried Robinhood or IBKR, but they have their fans.

Mentions:#IBKR

I hadn’t checked my IBKR account for ages and I see that this one is doing nicely. I’m up 18%!

Mentions:#IBKR

Stop wasting your time and move to IBKR

Mentions:#IBKR

Hey, I am in same spot as you, IBKR is not allowing to trade options. any luck so far?

Mentions:#IBKR

I could see the algos reading the news of the BoJ rate announcement and we see a drop in futes at that time. Even though it's already a *fait accompli*. My IBKR account is locked and loaded, ready to make some tendies.

Mentions:#IBKR

Never looked into IBKR, but WS was cheap and simple to use. While I'm not interested in trading options anymore, I'm interested to know why you prefer that platform.

Mentions:#IBKR#WS

I am on IBKR. They are rock solid. 

Mentions:#IBKR

its like Robin Hood or IBKR. They get an insignificant percent of daily trading. I cant see volume, but probably 1% of trading hours

Mentions:#IBKR

why are so many of you using fucking Wealthsimple instead of IBKR for options? don't trade options with WS

Mentions:#IBKR#WS