IBKR

Big_Fix9049

Here's what Gemini told me: "Yes, you will still be entitled to the spin-out shares. As long as you buy the regular SPGI ticker (and not SPGI.WI) at any point up until the market closes on Tuesday, June 30, the right to the Mobility Global (MBGL) shares stays attached to your purchase. Here is exactly what happens during those specific days: Buying SPGI on Monday (June 29) or Tuesday (June 30): You are paying the full pre-spinoff price, and the seller is obligated to hand over the upcoming MBGL shares to you. The Distribution: The spinoff officially takes effect at 12:01 a.m. on Wednesday, July 1. What you'll see on July 1: Regular trading under the new standalone ticker MBGL begins. Your SPGI shares will drop in price to reflect the split, and your IBKR account will be credited with 1 share of MBGL for every share of SPGI you bought. Bottom Line: You are completely fine to wait for your funds to clear. Just place your order for regular SPGI before the closing bell on Tuesday, June 30, and you will automatically get the spinoff stock."

cyclingmania

I calculated SK Hynix price by converting the Korean currency and it is at $1700. Definitely a buy. I'm buying some on IBKR

Dirker27

Interface is leagues above even the more professional suites like IBKR. All my real money is in the normal boring places. My Robinhood is for shit-trading and browsing how VOO/BTC/Whatev is doing this quarter before moving things around elsewhere.

LegitosaurusRex

Personally hate their UI. IBKR I can see the daily chart, price, unrealized gain, number of shares, market value, whatever other columns I want of every position on the same screen. Robinhood I have to tap and select each of these from a dropdown in turn to see them one at a time??

incel_revolution_69

> I trade order flow and I see I get better fills often than what gets officially printed. I don't know what you're talking about. But I would say you get a worse fill than if you were using IBKR.

quarkral

IBKR has 5% margin rates "No fees" is a lie, instead they sell your order flow to hedge funds who give you worse fills

CosmicInsignia

That’s the trap, it has bad fills for options. Read about it. I started using IBKR and I am not going back

sciguyx

honestly robin hood's UI is far and above better than fidelity. Fidelity has a mobile app that is fucking garbage. It's pretty mind blowing to me because robin hood has laid out how to do mobile app correct and no one seems to just copy what they're doing. I am a fidelity customer and to be honest their margin rates are bullshit. I have something like 200K available to me through margin and the rates are so fucked. I would love to utilize it more but it's such a terrible rate. I will probably switch to IBKR but they charge a lot more fee's.

SKIman182

Way better UI, money transfers are near instant. After using ToS, Schwab, fidelity, TastyTrade, Webull, IBKR… I have came back to RH. They all honestly suck ass

bladzalot

Very very cheap options fees, and very fast fills on buys and sells. I have a Webull, IBKR, and Fidelity account, and Robinhood is the only one I have never had an issue without outside of the fact that you cannot place both stop loss and take profit points at the same time, and every once in a while they halt trading on shit. Outside of that, it has great interest rates on cash, allows you to have multiple accounts very easily, and even does stupid ass prediction market bullshit if you are into that…

Mnshine_1

Idk it is for retailtards, if you want to lose money professionally choose IBKR or similar

SubstantialSeesaw374

Yep. IBKR is better in every way that matters, but if I’m not using the API it’s a misery to do anything. 

EnigmaSpore

Fidelity gatekeeps 0dte options to millionaires only, except for cash settled index funds so F them. IBKR is for ballers only. Thinkorswim is my favorite, but RH just works and has everything all in one. I can trade stocks, options, sports/predictions, futures, has a decent browser app in Legend. Honestly, RH isnt the same RH from years past. It’s much more robust now. Plus. The platform dont make the trader. My Ls are Ls everywhere

DrPuzzle

IBKR is what I use and it's interface is a mess imo lol

Sure-Product2113

IBKR all day

Ill-Mousse-3817

On IBKR you can simply buy the Korean stocks you want...

Fun_Training4330

What does this mean? Don't margin auto liquidate you when the stock falls to cover their loan req? At least that's what IBKR does.

Lovevas

You can get fed + 1.0 from IBKR if you borrow $100K, and lower if you borrow more. Not far from H fund rate

calamirkat

Without burry I wouldn’t be working at Wendy’s and working at Wendy’s I got insider info from the spud chef. He said WEN tendies and I said now. We tossed molten frosties at kevin the fancy sauce mixer and went all in 4x (thanks IBKR!) we passed out on a giant bag of lettuce and just happily gave each other sweaty hugs. I’m in polaris now buy 0TDE.

Fun_Newspaper8505

When will people learn, everything in stocks is gambling, buy the casino IBKR is up 493% in the past 5 years, I'm sure that outperformed 90% of people. Wish I bought the casino instead of playing it myself.

leangm

I had that with intel bought 500 at 19 did cc at 32 90 day it went up to 120 list it. It was RBC bank who was doing cc for my portfolio. Now I have moved all to IBKR I will manage my own money

Good_Character_20

Yes, $100K buying power means you can only exercise 5 of the 50 (each $200 strike contract needs $20K to take delivery of 100 shares). The other 45 expire worthless. You can't rinse and repeat. Exercise notices submitted before your broker's after-hours cutoff (varies by broker, usually 30-60 minutes after the bell; check yours) result in shares hitting your account on T+1, meaning next trading day morning. You don't actually receive the shares until market opens. So selling can't happen until then, and by then price could be anywhere including back below your $200 strike, leaving you with 500 shares of overnight gap risk. Two mechanics worth knowing: the broker won't auto-exercise OTM contracts, so you must submit a Contrary Exercise Advice manually (IBKR calls it "Notice of Exercise"; Fidelity has a similar form). And the 4:00pm closing print is what determines auto-exercise behavior. AH moves don't change auto-exercise; only your manual CEA does. The safer play is exercising the 4-5 contracts your buying power allows and accepting overnight gap risk on those 500 shares. The other 45 are gone. Trying to fake-leverage by selling shares you don't yet own would get flagged by your broker.

LimpWave6635

IBKR is asking users to lend their shares. IFYKYK 🙂‍↔️

papakong88

* Call your broker to give manual exercise instruction by 4:30 pm CT. Also give an order to sell the 5000 shares. The two orders should be accepted at Schwab (and should be accepted at IBKR) but do it early to allow time for the margin people to review and approve. * NVDA is traded around the clock at Schwab. If the sale is completed before 7 pm CT then it is dated the same day as the call exercise. * The sell stock order must be a limit order. It should not be a problem for NVDA.

Kaiuai

Say I have 50x of NVDA Call option $200 strike price market closes on expiry day at $199 = worthless and will not be automatically exercised, but then price increased to $202 after hours at 4:10pm ET, becomes ITM. I only have $100,000 left in my balance / purchasing power including margin, and intend to exercise the option + sell shares immediately. 1. Does that mean I can only exercise about 5 options (out of my 50 options) ? Since I will only get assigned the next trading day, should I sell the shares first, or exercise it first (is there a feature to do it simultaneously) ? 2. After doing both transactions, would both positions be closed immediately (and I'm left just with the profit), or would both positions still show in my dashboard until next trading day? 3. Since exercising call option + selling underlying shares, kind of cancel each other in terms of my purchasing power (does the broker e.g. IBKR see it this way at 4:20pm?), can I rinse and repeat this every minute, 5 options at a time, 10 times, so that I can utilize all my 50 options?

Due-pussy-1312

They are on IBKR. When I got approved for options, they let me choose which level so I stuck to level 2 because fuck margin

DrWhatNoName

This is why IBKR makes you do a quiz to enable options. So they can filter out the regarded people in the world.

Very_Type_C

I can tell OP is Malaysian because that's all we use alongside IBKR 😂😭

GreyMatter22

Honestly, IBKR makes it stupid easy to accidently write calls or puts. Recently sold KLAC calls twice, and found myself riding naked KLAC calls next minute, I did close it immidiately, but damn is it easy to enter into such things.

Plastic_Barracuda711

If you are a US citizen, IBKR restricts you to US options only. That's what they told me when I tried to trade options on some European stocks. They'll let you trade the stocks though.

ChristianRauchenwald

I mean, it even says "Shortable Shares **at IBKR**" meaning that only there 1K shares are available without providing any information regarding how many shares are available in other places. I'm sure the market is inefficient and more shares can be sold short than exist, but this is just a dumb statement.

Bluesquare9

Can you buy KOSPI options using IBKR?

Miserable-Collar-971

You can get an account to trade in Kospi through IBKR

SnooHedgehogs5162

Foreigners dumping from IBKR trading app. But will buy once SK HYNIX is listed US market.

SnooHedgehogs5162

Foreigners dumping from IBKR trading app. But will buy once SK HYNIX is listed US market.

Traditional-Year3847

Start with a paper account. IBKR has one that starts with $1M. Start there and test out different swing trades. After some time you’ll learn what works and what doesn’t which helps reduce risk and get used to how options work and what the risk looks like. Once you feel comfortable start trading with 1 contract at a time. Try to look for undervalued names or names you think will rebound again to their ATH so u can get the leaps for cheap. Once u become comfortable with that u can start trading with shorter expiry options and hedge. Most important for day trading u need to be following a stock daily for a while and learn how it behaves.

Cagliari77

No, I think they are talking about the new Defiance Memory ETF. It has the same ticker as the Roundhill Memory ETF. I just checked on my IBKR app. I search DRAM and both show up. One is the new Defiance one OP mentions, around $8.

LegitosaurusRex

>Is today’s fall a tactic to try to stop the short squeeze happening with WEN? No, people are taking profits because it went up 50% and there were more people selling than trying to buy still. I shorted at $9.02 last night, which was tough as there were 0 shares available at IBKR for a while it was in such high demand. Now that the price has come back down, many shorts already covered and took their profits, so IBKR now has 300k shortable shares. I'm still holding though as I think it has further to fall.

Jacobpapi

Why are u using hood? They always do this kind of stuff, i havent seen it in IBKR

Rudybus

Fuck's sake, I completely called that selloff at open but couldn't play it cause I'm arguing with IBKR about margin eligibility. What a PITA broker.

-sakuranbo

IBKR makes you subscribe separately to data feeds or else you get nothing besides 15-minute delayed stock prices. Something to keep in mind when they advertise low commissions.

Dasumit

I don't know why but on IBKR trading seems to going 24x5. Even outside after market and pre marker hours.

LegitosaurusRex

So many that it took like 3 hours for IBKR to find shares to fill my short order. Smart money knows it's free money, so they're in very high demand.

Reasonable-Pass-2456

If you buy a leveraged ETF that's not interest it's called an expense ratio and that depends on the company that released that ETF. If you are using margin as a leverage, that depends on the broker. E.g., if you are in the U.S., fidelity, Schwab and IBKR all have different rates.

ThetaEdgeHQ

Two things on top of the cabinet trade advice. First, the weird unrealized PnL is almost certainly your platform marking to the midpoint of a wide bid ask spread. With no bid and a stale ask the mid is fiction. If IBKR lets you set the position to mark at last or use a manual mark, that phantom number stops moving and you stop losing sleep over a loss that is not really fluctuating. Second, if CWAN actually closes the go private deal, OTM options on it generally get cancelled or expire worthless at the close and drop off your account on their own, which books the loss without you needing a fill. The only reason to force the cabinet trade is if you need that realized loss in a specific tax year and the close date is uncertain. If you are flexible on timing, the corporate action resolves it for you.

x7_omega

IBKR shows current WEN call/put volume ratio 4.14, and call/put interest 0.89. More puts than calls overall, but more calls by volume. Whatever that combo means, Wendy is definitely being attacked by short-sellers.

gushkaper

IBKR is the absolute worst, agreed.

CementRave

I actually bought some shares this morning after the news, at 980€ per share. Not double, but what I had in liquid cash on IBKR, its +15% to the position I have

CODE_HEIST

Paper trade it first. The weak point is not that AI wrote code, it is that 0DTE plus IBKR automation gives tiny bugs real money consequences fast. Log every decision, order, fill, rejection, and skipped trade before letting it touch size.

Ok_Study_1251

cabinet trade is exactly what you want, but not every broker support it for all options, so you might need to call IBKR directly and ask them to do it manual

Advanced_Worry_5525

IBKR is showing WEN price movement!

OurNewestMember

There's nothing mysterious in the prices. The 800 strike is priced for early exercise. There are some things that can work against you and make the position not "risk-free": * After a few weeks, you're assigned early on the 800P. Even if you know how to re establish the position efficiently, you will pay additional spreads and be taking on vol risk (because you usually can't re-establish the exact same contract without getting assigned again immediately, you're picking a different strike/duration). Even if you rebuild the position, your 800C gets pancaked extra hard (due to vol skew and additional call carry premium that can get squeezed out compared to the put) * As the final dividend approaches, there is an incentive to move upward away from the 750C to either pin its extrinsic at zero (it won't go negative like European options, letting you close at a fair price) or hit you with early assignment (so you lose some or all of the dividend, depending on when you opened the call) and/or make it unsafe for you to lock in the dividend by selling puts since you can't know for sure whether or not your call will be assigned (leaving you with too much short vol if not) -- you get trapped into the least favorable position for the dividend * If you are not assigned early on either the call or the put, or you re establish similar positions after getting assigned, you risk getting pinned at either strike which can range from white knuckling it without a loss to spending a day's worth of vol (and maybe time babysitting) to neutralize your risk to actually facing infinite gamma risk and going from zero delta to +/-100 delta at expiration and possibly taking a very nasty loss when the market reopens. * Hopefully it doesn't need to be said, but if you take assignment on the put and then use Schwab/IBKR/RH/whatever margin for more than 1 day, you're doing it wrong. Tbh, even 1 day is generous since these positions need to be managed, so assignment shouldn't be a surprise. Same if you end up going short from call assignment and are paying the carry on your synth long without earning the implied interest on a short call (because you're short shares which pays less than the market rate -- often zero) Anyway, all of that is why it looks like $188 of "risk-free" money. Strike selection and duration has a large impact on the likelihood of these risks. Good luck!

LazyDazyFazy

Even through IBKR? What about Korean ticker 000660?

nad242

You should send a bouquet of flowers to IBKR for doing that - It's a shitty stock.

x7_omega

Manually: 1. new window > scanners > mosaic market scanner 2. select Korean exchange, equities 3. add and delete columns, so that remaining are "volume $", "change" and "company name" Korean data feed should be on in account settings at profile (IBKR website). I don't know if this works the same on phones, though no reason it shouldn't.

nicholasmoran13

IBKR overnight showing WEN bid ask 8.50-8.70 crazyy

Ok_Personality8193

I use IBKR mobile but not the workstation. Did you create this list by manually adding each company or you can import all Kospi components with one click?

jahdyudnwl

You can trade after hours on IBKR or Robinhood too I think

31andnotdone

what does this mean Moomoo is actually my favorite brokerage to date outside of IBKR. IBKR is too expensive, moomoo is free 🤌

Disguised_Engineer

Liquidity was horrible, too. IBKR had crazy bid / ask spreads.

Spongebobscooter

I’ve only had that issue when trading options. I like IBKR because of the custom layouts

LegitosaurusRex

Not sure what broker you’re looking at, but it’s only 72% at IBKR, lol.

AzureLainCapital

Mature broker bid IBKR Charles Schwab Fidelity etc If it’s actually interesting and you read the info - would not let a broker difference be the bottle neck of missing a runner. Gl pal.

Odd_Marionberry_3243

If it dumps to 100b or 200b, which actually may be a very fair valuation imma full port, delete IBKR and check in on it in 10 years or something.

PizaCapital

Skip metatrader, that's forex — useless for equity options. IBKR's the move, and ib\_async makes the API way less painful than it looks. tasty has a decent API too if you want simpler. honestly though, full auto-rolling on delta/vix is doable but scary af — i'd automate the alerts and keep yourself on the actual fills til your rules are proven. I hope to be helpful.

HaveA_GreapTime

I’m on IBKR. Don’t know if it’s a viable option in the US but for EU it’s one of the better options.

RationalBeliever

I use Schwab as my broker but IBKR also works. I use Theta Data for options data APIs. I use Claude Code to handle the coding to automate my trading.

Automate_The_Boring

Try IB gateway, less complicated and more stable, it won't log you out everyday like TWS by IBKR.

pineapplekiwipen

brother why is ios thinkorswim getting worse with every update i think i'm this close to moving to IBKR

InevitableAd2436

I don’t give a fuck about ATH you absolute retard Already made my money and closed out the position this morning lmao And I already showed you my IBKR port. You just don’t know how to do math

ksing_king

IBKR UI sucks but the trade fee is cheap so I use it

Nirvana68

I downloaded their Windows desktop platform. IBKR Desktop. Is their new platform different?

ambidextrous12

The US ADR listing isn't that important in my view, because American investors can already get exposure to SK via DRAM ETF or IBKR. The additional marginal flow is small. I'm super bullish SK hynix (and Samsung ans Micron) because people still view memory as a cyclical commodity (you will hear plenty of that on this sub), when literally the biggest companies in the world like Apple, Microsoft and Nvidia are currently signing deals with these 3 memory makers to "co-design" and "co-fund" memory manufacturing out into several years. That's the opposite of cyclical Secondly, look at the trajectory of chip design. Memory is so critical for both training and inference at AGI/ASI scale (because context is everything), that just "plugging in some memory cards into the GPU" is a hilariously out dated model. Next generation memory will be **co-deisgned** with ASICs/GPU which means once say Google and SK have gone through the design phase for their latest TPU, they aren't able to simply rip out the memory regions and replace it with Chinese CMXT. The market hasn't fully come to terms with it, and when it does, there's further 3x multiple expansion alone (without even factoring in further earnings growth).

Fun_Training6342

IBKR raises my cost basis whenever I offload shares, like bro my basis is 60 not 70... In my mind it's always 60 don't try to trick me with ur FIFO accounting bullshit

edweirdmuybridge

Roughly 15 years investing 100% in single stocks. First five years were tough because I was basically aping other people’s ideas and being manipulated. I was definitely underperforming SPY. At one point I even owned shares in Twitter and IBM which I sold for a loss. 😭 Then I sat in on a lecture on heterogeneous computation and saw a glimpse of the future. Bought AMD and Nvidia. Branched out into semiconductor tool and material manufacturing. Started specializing in Japanese semiconductor stocks (eg Advantest, Tokyo Ohka Kyogo, Ajinomoto, Ibiden, Tokyo electron, Disco, etc). Played with some of the earliest GPT-3 models (eg Babbage, Davinci). I read about HBM, HBF and 3D integration doubled down on semiconductors and memory. And I stopped paying attention to politics. At the moment I’m crushing all major indices according to IBKR portfolio analyst. If I have advice it would be to look carefully at your interests/passions because that is your edge over the market. If none of these align with a strong investing theme at the moment then it’s probably better to buy an ETF.

698969

Don't have options on IBKR wtf

IhateTraaains

0 shortable shares available now in IBKR. They mad! https://chartexchange.com/symbol/nasdaq-lfvn/borrow-fee/

MitchCurry

Technically every price that isn't an actual ATH is an old ATH then, so it's redundant to say it if you're taking your stance. For example, IBKR hit an ATH today at $95.81 so every time there's a trade below $95.81, it's an old ATH. That's a lot of old ATHs.

keiron83

Anyone else using IBKR and waiting for TRUL to change into TRLV in their portfolio? I currently cannot sell my stock, not that I am planning to any time soon.

interstellar_nips

Isn’t it pretty easy to generate very comprehensive performance reports from IBKR?

IhateTraaains

I know it's from IBKR, the page even says that, but it's still a good indicator. I'll probably be averaging down in July, depending on the squeeze potential at the time

ryzetard

i sure would love to have your conviction but you know this data is from IBKR which means its 10k shares available to borrow for retail traders? institutions got their own dark pools and their liquidity is much higher than this. you can average down on shares i guess because its not a dying business but i wouldnt bet on a short term spike anytime soon

hockeytemper

goddamn... that is why I have 90% of my portfolio is in cash at IBKR earning 3.14% safely, the rest in scotia bank and [DFN.TO](http://DFN.TO) stocks paying me monthly.... To be honest I have lost 200,000$ multiple times on Tesla over night in the past and waitied it out and made it back( I live in Asia so most action happens when I sleep). you dont sleep too well when you open one eye in bed and see how much $ you lost. ( I dont do options, its was just Tesla volatility) SpaceX will be the same. I took my risks when i was late 30's.... now I am late 40's, I play it safe now. The Spacex IPO, i could have gotten in and made 40% in 2 days, but nope - I dont trust their business model or financials, but who ever said the stock market was rational.

981flacht6

Shit, I forgot to check pre-ipo shares on IBKR. My primary broker is Merrill Lynch.

LegitosaurusRex

Left some gains on the table on the first run because I didn't realize it was going to be picked up by WSB; all the posts started that Friday and that weekend after I closed my positions. My original thesis was also of fat-finger trades on IPO day, but once people started posting about it and it started pumping, I just played it like the pump and dump it became, since I knew the selling volume on IPO day would far outweigh any accidental purchases. Wanted to short more on IPO day, but thought it might pop in the morning, so I had some limit orders that didn't get hit before the sell off. I use IBKR, which sucks for screenshotting past gains (splits single orders up into a bunch of tiny partial fills, looks like an excel spreadsheet), plus I had some unrelated trades in there, so I had Claude make a visualization. Can always screenshot though if people want proof.

LegitosaurusRex

Left some gains on the table on the first run because I didn't realize it was going to be picked up by WSB; all the posts started that Friday and that weekend after I closed my positions. Wanted to short more on IPO day, but thought it might pop in the morning, so I had some limit orders that didn't get hit before the sell off. I use IBKR, which sucks for screenshotting past gains (splits single orders up into a bunch of tiny partial fills, looks like an excel spreadsheet), plus I had some unrelated trades in there, so I had Claude make a visualization. Can always screenshot though if people want proof.

vinilang

Saw your post, looked into the company, and decided to jump in too. Damn IBKR locked me out of options trading though. hit me with a 15-day restriction until I update my profile. Ended up just grabbing some shares at 4.13.

the_humeister

IBKR?

Ambitious-Breath-867

IBKR

Broad_Program3712

IBKR

msomnipotent

Does IBKR show the cost to borrow?

russian_cream

It is 0 borrow now per IBKR

tbonge

I made a scanner based on a modified version of your checklist since not everything is available from the IBKR api. Still lots of bugs but it is coming along... https://preview.redd.it/z60kzr4gco7h1.png?width=1835&format=png&auto=webp&s=e171c50f801067b24aeaecaf5572aa24ed3f681d

BigBitterSweet

Shortable shares on IBKR 6,4 mil.

Gjore

IBKR for broker and for analytics i use tool called Tradevision .

Viktri1

is anyone able to buy/sell options? I'm trying to hedge w/ collar and can't even get anything filled. IBKR :(

MikeMikeGaming

Can't even order options on spcx lmfao IBKR says "order pending"

Temporary-Basil-3030

IBKR just let me know they were thinking of me and have plenty of locates.

corndog_messiah

I sold mine, IBKR might ban me from IPOs 60 days. Boohoo

lambardar

I got at 135 and mostly 150. I sold 80% of my position at 170. with IBKR.