IBKR

tommyboy441

$924,270.90 in Robinhood and about $200k in IBKR

english_fool

Jealous, I’m on a cash account so not allowed so late and when I switched to margin I was instantly on PDT cap, silly IBKR needs to hurry up and remove that shit.

Fauster

I mentioned it in this comment: https://old.reddit.com/r/stocks/comments/1v9xflp/what_is_really_behind_the_recent_ai_semiconductor/p0hyf8r/?context=3 >" Plus, I think MM's want virtually all stocks a lot higher by Friday. They aren't fighting the waterfall yet, but we could see their hand on Friday." If this is an options question, Citadel has different supposedly siloed verticals, but their most important role is to act as MM and provide liquidity to options markets. When you see bids and asks in options markets, a lot of those are theirs. They have to pay out all the puts and all the calls every Friday. There is is something called an open interest chart that has all the puts and all the calls. Every week, the MM wants to bundle and cancel all the longs and shorts. The point where the shorts perfectly balance the longs, and Citadel doesn't have to pay out much at all is called max pain. It is painful for options holders. It screws the most people I won't hold options to expiry because I've seen their shenanigans. This is especially true for low-volume low-float stocks. I mainly use put options for hedging and I usually avoid holding to expiry. Many times, when I first started trading options, I thought I was safely in the money (ITM), then late on Friday the stock starts rally, I look at the OI chart, and I see, Oh no, a lot of people are about to make money on puts and Citadel et. al don't want that. Citadel will post and then yank/move their options bids and do whatever then can to make sure they pay as little as possible. At 12:59 PST Friday, the price jumps right over my strike level for the Friday close on a dog of a stock before abandoning the position again, which continues its downward trend until Monday. I won't hold to expiry anymore unless a bear spread went to near-zero when I didn't notice and didn't roll. I won't trade 0 DTE options anymore so I don't have to deal with that. 4-6 months out is the minimum duration for spreads. A spread that is year-out is even better: more expensive up front, but with dramatically less cost per day and dramatically less vulnerability to MM fuckery. Without getting into the math, we were in a situation called negative gamma where citadel keeps needing to hedge more, buy more puts, so they don't get cleaned out. But that is not what Ken wants. I pull OI data from IBKR pro's "API", and earlier this week, every single semi stock was solidly in negative gamma. Ken will have to pay a TON of money to traders who had been buying puts AT SCALE for weeks. So, it was transparent logic that we would see Ken step in and some point and start to see these stocks rally... Usually late Friday, it's time to ask where max pain is for all your volatile stocks, and this will tell you where the MM will drive the price. OI plots are stale, so the puts and calls have changed, and you don't know exactly the MM book, but you can cross reference that with strike levels that the price just sticks too, and understand that if a price spent a long time at an options level with a lot of bids and calls, then that part of the OI chart is probably changing. This was a Value at Risk (VaR) waterfall, where risk compliance officers tell people you have too much margin, you are too volatile, you need to sell, and of course margin calls for people who were long and at 100% of their allowed margin. Citadel didn't want to have to buy all those puts though. Citadel makes money if stocks end a lot higher, then they don't care as much until late in the next week. tl;dr: It was a given that Citadel would show their hand by the end of the day. On Thursday, Citadel/MMs fought no strike levels. I assumed MMs were buying puts to hedge to avoid even more substantial losses. But, instead, yesterday, we saw probably the biggest MM intervention to save their bleeding book in a market where fund managers have been stacking puts to hedge. Citadel helped save their own book buy buying all of Leo's SW shorts at a fraction of their value, and buying up all their leveraged longs, driving the price up, getting them closer to max pain. If Citadel didn't do this in a giant overnight darkpool, and traded in public markets like us plebs, we would have seen the MM-sponsored rally. So I don't get sued: some of these statements on what Citadel wanted are speculation but I would argue very informed speculation.

WickOfDeath

Positioning... liquidation, margin calls forced sells. But apparently it has bottomed out. Possibly retail traders got fresh money to throw in. SK Hynix is >20% plus today, Samsung too, so you should be fine. I trade complex things (options, leveraged ETF, derivatives) at Scalable Capital and they make me the tax report. IBKR is tax complicated... I only do stocks there. Because for that PwC does the tax report preview for me. Opitions, futures and worthless knowckouts are a nightmare in reporting.

verified-trader

**BanBet Won** — /u/Independent-Tree-985 (2W - 1L, 67%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **IBKR** ▲ | $85.97 → $91.00 | +5.9% | 1d 9h | Won |

Andres17G

EToro logo on an IBKR interface 🤡

Mavnas

I pay less on margin loans from IBKR than most people pay on their mortgages.

CarlSaganForLife

Gotta learn how to use IBKR bots. Don't wanna wake up like Kramer in The Chicken Roaster

m0nk_3y_gw

> than immediately put on a new trade i assume you meant 'then'. When I do that I am overtrading, a poor habit I am fixing. > I have not gone back and analyzed how these trades would have ended up. for Schwab and IBKR they show in closed trades for the day -- entry price, exit price, current price. > 7/30/26, 9:53:00 AM SELL TO CLOSE -1 $3,170.00 SPX Jul 30 (0d) 7380 C 31.70 LIMIT Day 45.85 31.70 FILLED exited at 31.70... currently at 45.85. :D I got out before it dropped 30... and took advantage of the bounce back by selling a put spread

Proud_Chef2159

yeah SPX has had near 24/5 on IBKR for a while now, it's nice

StonkStrategist

Can we trade single stock futures on IBKR?

Rocco_z_brain

Why did they go down by so much yesterday, why do the go up by so much today. This is just crazy gambling shit with leverage. SOXL is not PRIIPS compliant, so yeah, it can be bought via IBKR but then I have to do the taxes manually which is pain. There are some ETPs though, you are right. If I am dumb enough for the gambling, I'll join :-)

HailX3

I do on IBKR so yes, Schwab not sure

TauCetiXAstroPhage

No, that screenshot in IBKR doesn't tell anything. He might have withdrawn the money. WSB regards this as really dumb to believe. IBKR doesn't work like Robinhood.

papakong88

Go back to sleep. Per u/Ken385 's reply to my post, IBKR will auto liquidate. You will have a pile of cash. Hope you dream of how to spend it.

OurNewestMember

Basically, if I were unsure about the exercise, I would buy an option, and if I were sure, I would buy shares. But that's because I just don't want that kind of directional exposure. I'm also assuming IBKR won't liquidate in the middle of the night as soon as they get the exercise instruction (assuming that's what went through) But then you got... even more short in MAG7...?

jarMburger

Yeah I don’t know if IBKR will exercise for you though since you don’t have the BP to support the purchase. I guess you’ll find out in the morning

Unqqq

yeah actually thought they were OTM since at 4:02 ish they were under. didn't check exact closing price by the time I made this topic. But they were ITM at 3:59:59 PM ET. I already bought with my buying power shots to correlate if something happens in next 4-ish hours to market. But the 1.7M incoming execs are heavily gonna override that if QQQ goes to 650 but at least got some damage control with all the money I can afford with IBKR BP.

Ken385

You said IBKR is your broker? All your calls should be exercised, and you will have your position auto liquidated by them tomorrow morning if you don't have the capital. You may have an opportunity to sell premarket before they close out your positions.

Ken385

Today is Wednesday, OP would get a margin call tomorrow, Thursday, with most brokers. But OP said he is trading with IBKR which doesn't generally do margin calls. So if he doesn't have the capiatal to hold the shares, they will auto liquidate his postion tomorrow morning.

Unqqq

so by 4:00:00 close? not 4:15:00 or 5:30:00? to balance / BP yeah I really don't 🎯 Acc balance is like 20k. Now it sits at 25k. PP is like 150k due to IBKR pro. so I'm getting exercised by around 2 sets for buy 661 and now sitting at 666 which is around 100x5? and the rest gets trashed or getting full stack of 25? since my acc balance got way higher

Unqqq

except you can in IBKR force them to exec even in ITM by 5:30 and they want you to verify if you really wish so. My question is regarding non-instructed auto-exec. IBKR just pulled easy 5k out of somewhere to my acc balance. I guess it has something to do with options gonna/not gonna be exec since I didn't have anywhere near close to that in my long/short stock balance. Literally had like 5k worth prior close stocks, I'd probably notice if they'd spike up by 100% and yield that extra 5k 🎯

verified-trader

**BanBet Created** ▲ | **Record:** 1W - 1L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **IBKR** | $91.00 (above) | $85.97 | +5.9% | Jul 31, 10:55 PM |

Independent-Tree-985

!banbet IBKR 91 2d

nicolas_06

IBKR allows this as well. You can even use margin.

awetfartruinedmylife

guys if we don't pump SanCock today IBKR will liquidate my other positions...

goassstemma

Same goes for IBKR in my experience

SuccessfulSir9611

The good thing about IBKR is it’s easy NOT to lose money. There are no hype stuff, there is proper research/news available and easy to put stop loss, profit taking, etc. Extremely satisfied after coming from Trading212.

Riskismyapellido

Am I not seeing things currently? Current Price in IBKR for that option is like 13.8$????

BornRip761

Soooo, any guesses on how high CXAI is gonna go before the shorts destroy it? 🥴 Had a terrible month holding it in June and for whatever dumbass reason I got excited yesterday and picked up 750 shares only to drop it cause, well I expected it to drop some more 😬 and then it didn't so I only grabbed 200 this morning 😭 I see shorts returned like 2m of their shares on IBKR so I'm a little weary lol I know earnings are August 10th but that's a lil ways away

english_fool

Welp switched to margin account and got fucked by PDT on IBKR, back to cash...

GneissFrog

wealthsimple doesn't even offer index options do they? I remember looking them up ages ago, and unlike IBKR, you couldn't trade SPX options overnight

verified-trader

**BanBet Lost** — /u/Ok_Spirit5374 (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **IBKR** ▲ | $91.66 → $110.00 | +20.0% | 1w | Lost |

Federal-Watch

*opens IBKR “Eww no 🙂‍↔️💅” *closes IBKR 

GainDelicious1894

IBKR

austincathelp

Get IBKR like an adult

english_fool

Ergh can I make IBKR automatically lapse puts?

wanmoar

IBKR

GneissFrog

move to IBKR

Optimal_Image5192

I will always glance at WSJ, Reuters, Bloomberg, but one of the biggest live tracking source for me is the news feed in Fidelity trader pro. It pushes headlines live that would be relevant to the market and lot of actionable news. You can even filter by stock specific news. I love that tool. I think IBKR also has this.

LaconicB

The bid/ask is OPRA data, all brokers receive this so it’s not something IBKR is tampering with.  For your entries on momentum candles, you’re always going to receive horrible fills because this is where there’s more demand than supply. Buy orders are pushing the price up and you’re buying into this move. This is the candle I sell and take profit right before the momentum fades. I can place market orders and see on the charts the highest fill was my orders that were filled. You are entering late, you should find a momentum indicator and tweak the setting to find the best way to show you momentum picking up and or fading before the candle shows you. My best exits are market orders with momentum still pushing in my favor. This is where having the right broker matters, Webull will let me exit with a good price. Using these market orders with Webull, I’ve never experienced a bad fill. I can’t say you will experience the same because you’re in Canada where PFOF is not allowed, that’s a big reason the option fees are .99 cents per contract. Your orders go to the exchange, not allowing market makers to give you a better price with PFOF. 

LaconicB

Yes, you would have to average below 390 to have the tag removed. For all those issues you are having and not having a great experience with IBKR myself, I would recommend switching to Webull. Your option fees will be lower and you won’t have these type of issues using their platform. Webull charges .50c per option contract to Canadians I believe, it’s been awhile since I checked. You can also link to TV with Webull. In general, IBKR fills are not that good from my experience. With IBKR Pro, the fills are not as giving as IBKR Lite for a retail trader. IBKR Pro fills are better when you are trading a large number of option contracts like professionals, they have order types that can work the bid/ask. If you’re just a casual retail 0dte trader, you’re not going to get much improvement if any. 0dte prices move so fast, your best advantage is using a broker who can get you in and out of trades with faster execution and less lag from the platform. Webull can do this and also has better market fills on 0dte. IBKR market orders are known to be horrible, they will even warn you about it with pop up windows. Webull also has the ladder like book trader on TWS, and it’s much easier to use. 

Almeidowski

I totally understand IBKR not wanting to loan me money, that's why I'm looking for brokers that take higher risks. That's the whole point of this post.

Jacob_With_A_Y

That's my problem lmao I buy too much too fast. I had a terrible experience with BATL earlier this year(bought 100 shares when it ran up to $5, sold in the $2.40 region - just to get mind fucked 2 weeks later when it ran to $30 lmao). I've learned to slow down slightly. But I'll end up babysitting IBKR and mannnn it screws me more than it helps lol

Jacob_With_A_Y

Welp, no more opening the IBKR app today. Just seen STAK over $9. I'm ready whenever you are lord, take me now 😭😭

FranRuizTech

The rules in IBKR are so hard beause of this kind of behaviour. If it's hard to pass "the exam" is precisely because not anybody should trade with margin account. It is trying to avoid that people lose their money and even worse, the money that the broker lends to the people.

Independent-Tree-985

In the pre I went in on lcid heavy and got rewarded with a healthy jump Then I bought IBKR and waited for 3 hours for it to rise to my initial sell target

illz757

Yeah I use webull for my charts and quick decisions, as well as my 0DTE’s (DONT FUCKING JUDGE ME ITS A 10% total position account) But I execute trades in IBKR

apol1yon

Just use IBKR man.

Juhkwan97

I use ToS and have since b4 Sosnoff sold it to TD Ameritrade, ie, since 2008 or so. Now I have just an unfunded account with Schwab, which I use for analytics & charting. Kudos to Schwab for allowing full use of ToS (including support) for non-funded accounts. I have settled into using ETrade. I have been there since around 2000. They have improved a lot since being acquired by Morgan Stanley in 2020. In the year or so b4 the sale, they were sucking pretty bad. Really weird and haphazard approach to margin. Awful customer service. In the last 5 years, though, they have tightened up. In my 15+ yr history with various options brokers, (IBKR, tasty, TDA, finally Etrade) one thing that has been somewhat irksome is how different brokers calculate margin requirements. You'd think this would be somewhat standardized, but it's not. And they can require whatever they want. All I ask for is transparency and consistency. Once you get that and understand what they are doing & what to expect, you need not suffer thru any margin problems. ETrade has some "dedicated teams" in their customer service group. They have a dedicated team for options, futures, etc. These are people who are generally up to speed on trading and their platforms, etc. I don't need CS very often - usually just a few times a year - I might need help closing out trades, have questions about things, etc. Their CS is now pretty good. Etrade has an API that I am trying to learn to use, but I can't vouch for it. But it looks workable. Things I don't like about Etrade: no extended hours trading (actually, for me, this might be a blessing in disguise); I expect this will change if/when the industry goes that way en masse. Also, they have futures and futures options trading, but they make it very hard to trade futures options spreads. That's a bummer. I have tried getting them to improve that. Maybe if I had a few more zero's at the end of my acct balance, I might get somewhere. Anyway, I know you didn't ask about Etrade, but I thought I'd testify. I'm not working for them or anything. Re: fills, I get what I expect. I mostly trade SPX, and I am always shooting either 1) a bid 5c or 10c above the mid or 2) something lower than that if I am just fishing. "Do you want the penny or the position" the old saying goes. I am not sweating 5c either way on trades that will be worth 100x that or more.

Fit_Equal6932

Fidelity is probably best because they have no api for bot trading the wholesalers will likely give the most price improvement. Robinhood is the most likely to get you worst fills, all the wsb crowd is RH heavy. Schwab ToS sits in the middle, they have better view of the chain and analysis features. But you are missing IBKR Pro. It gives you direct to exchange access and if you have a certain degree of expertise it is the best place to walk the book and work on your fills. Lots of algo support for trying to get you better fills, you can also layer the book with hidden orders to wait it out. Place a visible bid or offer at better than the MM price and then place a hidden order near the mid. Those will get you some pretty decent fills at mid for very wide tickers.

LaconicB

No problem, and yes I trade manually. There might be an issue with your automated system on getting those fills with less slippage. The exchange has no obligation to fill your order and can refuse them unless they get the price they want. If it’s set up to cancel and only accept orders at a certain price compared to the bid/ask, they might never get filled and rack up a lot of canceled orders because the exchange will not fill the order. It will be very interesting to know though. IBKR has some advanced orders that work the bid/ask for professional traders, so I would assume there has to be some type of success with this automated trading because they get better fills for professional traders. 

Fit-Switch5079

"do not open IBKR app drunk" is going straight into the WSB hall of fame

MagnificentLee

The rule is not a Robinhood specific rule. It’s mandated by the exchanges themselves. Many brokers DO NOT support traders who become professional traders: https://support.tastytrade.com/support/s/solutions/articles/43000435379 The brokers must likely to support it are those who charge you commissions for each trade and send your orders directly to an exchange like IBKR and Lightspeed. See some discussion here: https://www.elitetrader.com/et/threads/390-professional-orders-rule-390-rule-some-questions.382741/

LaconicB

You will be labeled professional at any broker for going over 390, all brokers must comply. You don’t want this label at all, your fills will suffer. Use additional brokers and keep average down. If you trade from mobile, Webull is the fastest with one tap entry and exit using turbo trader. If you are using desktop apps, Webull is still fast. Other brokers have desktop apps that are pretty fast but don’t make the mistake of choosing Fidelity. Webull, Schwab, and TradeStation are my favorites, Etrade is pretty decent and IBKR is a little clunky and has disconnect issues but if that’s all you have, you can make it work. If you like using the ladder, Webull, thinkorswim, and TradeStation are the ones you want to choose from. 

english_fool

Wrong sub dude. IBKR has paper trading doh

CD274

IBKR allows after hours stop limit orders????

corndog_messiah

I vibe coded a clone of IBKR app that shows my port up 1-5% up every day, no red days. Never felt better, deleted the old shitty “official“ version

Emergency-Half-3122

I’m looking at KOSPI 200 index on IBKR

LaconicB

Trying to find those spreads doesn’t mean they will fill. You can always see spreads .01-.05 but the minute you try to buy them they jump up much higher because the each leg has a huge spread in the bid/ask. The other ones are so far out the money, you won’t be able to close because once you buy it, the algos can and will take the bid off and leave you with the long leg that you can’t sell back. You get stuck with the fees and the cost of the long leg unless you get a move in your favor. That spread isn’t going to gain much either, if anything. You’re trading with the market maker at that point. It’s not worth it, your entry fee is already 1.32 in fees plus 1-5 then the exit fees of 1.32, so 3.64-7.64 to enter and exit a spread bought at .01-.05. You would need to sell at .36-.76 for a 10x play. Webull isn’t filling those spreads, so you’re stuck with Schwab and the fees if you can get them filled.  Just buy cheap SPX singles or spreads on both sides and one goes up higher than the cost of both with all the volatility in the market right now. Use a broker who you can trade over night SPX like Tasty, Robinhood, and IBKR. Can easily double your gain overnight or the next day. 

vanceraa

There’s a feature in IBKR called Exit Strategy which does this exactly

Due-pussy-1312

I'd love it if IBKR had such a setting, because I decided to exit at around 20% but that requires me to be on the TWS all day

english_fool

Oh dear, today I found the performance chart for the first time in IBKR. -35% for the year, could be worse I suppose.

Quej

I do this with IBKR, and it's great. People who are saying just use a spreadsheet don't quite get it. I did it because I had longterm investments in NVDA or TSLA, e.g., but also wanted to day/swing trade them without getting in and out of my longterm position. The only con I have found is having to file taxes with two reports.

Technical-Emu-32

Cheaper IBKR commissions wen??

english_fool

I can’t trade SPX 24 hours on IBKR, not sure why

kmouratidis

Now if MU opens at $850 (or hovers around it close to open) I'm getting out and into 40% VT / 60% mix of world gov bonds, and then I'm asking IBKR to downgrade my trading permissions. >!Just kidding, I'll wait a few months to be fucked by RDDT before I eventually do it.!<

znightmaree

IBKR 285A

english_fool

It’s weird that IBKR is tells me my account is up but I can’t see why until market opens.

hairspinner

You can do paper trading on IBKR

looongtoez

I'm doing my stuff on a shoe string and I'm slow at 1.6ms-3ms from Databento and about 30ms to IBKR(thier fucking java gateway), my assembly code for decision making is about 7-12ns on an AMD CPU, hedgies have FPGA/ASIC, along with microwave and direct market access x connect. I would estimate microseconds access in their realm. Thus any buffer longer than a few seconds would be very beneficial to them. Anyways, all I can do is try to catch up, and be undetected.

Jacob_With_A_Y

LGPS is starting something 👀👀 100% utilization on IBKR but at the same time it says IBKR has 327k shares available to short 🤷‍♂️ I picked up 10 shares at 1.28 so it's not like I'm chancing buku money, NFA of course 🙃

Good_Character_20

The pain isn't really the tracking, it's the manual entry. Options make it worse than stocks because a spreadsheet is flat and your positions aren't. Multi-leg spreads don't fit in one row, rolls turn into chains you can't link, and assignments quietly wreck your cost basis. At 50 trades a month that's a lot of hand-typing something your broker already knows. What fixed it for me was pulling fills straight from the broker API instead of typing them in. Most of them have one now, Tastytrade, IBKR, Schwab. A small script that grabs your executions and dumps them into a database, or even back into a sheet, kills the part that's actually a chore. Then you're reviewing trades instead of transcribing them. And if you'd rather not build it, the dedicated options journals do that broker-sync for you, which is really their whole value.

Zealousideal_Book_40

Honestly not sure, but it was surprisingly not very taxing to my margin requirements on IBKR. I have 12 HY9H and -100 SKHY, and almost no impact on my margin requirements

Ken385

I do not have an account at Tastytrade, but have traded it on IBKR. Tasty just started access to the overnight SPX option session a few weeks ago. The rep you spoke to may not be aware of this change. Direct them to the link on their websiie that I posted. If you entered a trade a 5pm, the overnight session hadn't begun yet.

DiamondG331

Can’t trade from 8pm-4am like IBKR

DiamondG331

Can’t trade from 8pm-4am like IBKR

progmakerlt

Or look into IBKR TWS Workstation?

SomewhereOk5613

I can’t find it on IBKR

ChangeNOW_Community

IBKR is built more like an institutional platform, so it gives you more data but sometimes requires more setup to get the simple view people expect

ShyFeminine

I’ve used IBKR since 2018. Was able to fund with both my Qatar and UAE bank accounts. Go with IBKR. their customer service is excellent. Any time I have questions about funding, buying, selling, how to use the platform, they support me asap. IBKR has the broadest market reach of all the platforms you listed. Whenever I want to buy stocks, I search IBKR first. I’ve traded Australian main and junior markets, Saudi markets, Hong Kong and China markets — all from IBKR. That’s how broad their reach is. Also ridiculously low fees — again vs the others you mentioned. As for regulation, IBKR is publicly traded as an entity, so regulation and security are very high. If you want recurring payments then you need to choose Sarwa or Baraka as they are both based locally. The others you mentioned will require you to do a wire transfer (including IBKR) because you are outside the US and therefore not funding via a US bank account. Hope this helps! 💜

Complete_Skirt_8896

You can find it on IBKR and T212

Rich-Use1484

Looks like its not the app, its the font settings on OP's phone. He has set 'Comic Sans' fonts and hence IBKR app looks like that.

Hot-Turnip7306

I have hacked my brain. I only have the accounts on my PC and I have not saved them anywhere. I have no IBKR ot Trading212 apps on my phone so the only way to check is logging on my PC.

steady_compounder

What you want is money-weighted or time-weighted performance, not the raw account change that gets distorted by deposits, withdrawals and FX. IBKR is powerful but terrible at showing the simple answer front and centre. If the interface is fighting you this hard, exporting transactions and tracking true performance outside the broker is probably the cleanest fix.

Halberd96

IBKR has the worst interface I've ever seen it's insane.

CD274

They're IPOing soon Idk IBKR?

klipsetrades

I think Robinhood and IBKR are the only ones I’m aware of offering SPX during Global Trading Hours. Hopefully more brokers add support now that Cboe expanded the lineup

Cagliari77

A few times a day. But that's mainly because I have the IBKR app on my phone and it takes like 10 seconds to quickly look at how the portfolio is doing for the day. Before installing the app, I used to check it on my computer once a day or every other day.

grAsMudhOrsE

I have some updates. Been officially on PRO for about 7 trading days. So far my SPXW execution doesn't appear different from what I had before. The fee otherwise is painful. 20c extra for each contract at least (and cheaper contracts have a few cents more, partially offset by more expensive ones have a few cents less). There is also a new CBOE rule, which IBKR complies, that they do Pro designation on a rolling month now. So no longer a quarterly thing.

ShowerDear1695

It is allowed.  You can actually use a real brokerage like IBKR 😏

Mavnas

I like how IBKR finally let me buy Korean stocks at basically ATH.

Technical-Emu-32

I do this during the overnight session (after 8:15pm EST), but that's only because IBKR allows overnight trading. I usually pick the side depending on how futures/Asia markets open. It works sometimes. But I'm doing $5 wide because I'm trading a small account, so it's a bit more nerve wracking, and I end up having to sit on them for a bit in the AM.

MagnificentLee

Bro, I hate to be the bearer of bad news but you can trade SPX options overnight. The only breaks are between 5PM-8PM Eastern and the 5 minutes before RTH open: https://www.cboe.com/tradable-products/sp-500/spx-options/ I don’t know if all brokers let you trade overnight but IBKR and Tastytrade do.

Ceyenne18

IBKR, which gets its data from Thomson Reuters/LSEG.

abssynth

Is this real life? I’m pinching myself looking at the IBKR charts, hoping I don’t wake up.

Diamond-Key197

Thanks to IBKR

Chuque

actually you make money a lot of times. On IBKR, the fee you pay to borrow TSLA shares is tiny, like a fraction of a percent. Meanwhile the extra cash you have in your account from the short sale, is earning 3.2% interest sitting in your account. so it's a win

OptionsJive

Basically the right comparison: check the all-in IBKR margin rate against the implied box rate and use whichever is cheaper, but I wouldn't keep narrowing the box every time a dividend hits. That turns a clean fixed-term loan into constant micro-management, commissions, execution risk. I'd leave the box alone, let dividends build as cash, and repay or resize it in larger chunks.

BornRip761

IBKR is showing a million shares available to short, do with that what you will lol