IBKR

robben1234

Retail traders could buy it for $150 when it opened and my 1 share filled at IBKR just at that price after another broker allocated me a grand total of 0 shares for IPO.

Error404IQMissing

Luckily IBKR allows buying in Korean market. 

Right_Turnover_9755

Most people in this thread are right on the nose about your shares that were shorted were likely redeemed by the common stock holder. However, the timeline is what I think is throwing me off. If you shorted shares “a few days ago” you would have been past the redemption window for the merger meeting. Unless Robinhood does their shorting differently, you should only be able to short “available shares” whether through a pool like IBKR or locates.

Efferdent_FTW

Shorts available dropped from 53k to 15k. Shorts were suppressing at ~$9 level. I'm guessing to keep $10 otm and reduce delta hedging. May 15-31st FTD numbers are released Monday. Today's FINRA numbers aren't released yet on fintel. T+35 thesis isn't holding. IBKR showed 22k volume at market open which could be FTD coverage but that's 14k short of the May 8th FTD 34k if T+35 was true. Likely that shorts were rolled over off-exchange which would clear them from FTD requirement, but just deepens the cut for them. Monday dividend is $177k which equates to one day of borrow rate interest. The long thesis still holds. We need a catalyst early next week to trigger a delta hedge amplified by gamma squeeze. My June 18th options are raising my BP.

insbordnat

oh please. next you're going to tell me that people from SpaceX sat on a call with the bookrunners determining how much every non-bookrunner of the tombstone got allocated, and then they had some visibility into the book this morning to see how things were shaping up and getting subscribed, and then they had the audacity to ultimately determine who got what before they closed the book, and then those allocated investors had some preference as to who they were going to allocate to based on their allocation, and that those retail brokerages (IBKR, Schwab, Etrade, etc.) didn't get their full requested allocation and filled based on their ultimate allocation. it's all a conspiracy, and investors at the rinky dink ass brokerages got the shaft while the big boys at GS, BAML, Citi, MS, WF, and JPM had some pull to allocate to their institutional clients or something ^(/s if it wasn't obvious)

InevitableAd2436

Fidelity fucking sucks for trading. I use it for a 529 and my 401k There’s nothing better than IBKR for active trading, margin, products and flexibility. The interface just isn’t appeasing. It’s bare bones

old_copper_kettle

Fidelity if you’re an investor, Webull if you’re a gambler. IBKR is great but the divide has narrowed a lot over the last 5 years and the interfaces elsewhere just make shit easier if you’re trading small moves and aren’t automating things. But yeah RH is just a rookie move.

IncredibleDongle

Nah IBKR is doodoo. Fidelity is the way.

InevitableAd2436

Switch to IBKR. Robinhood sucks Might have to pay a commission but I’ve never dealt with that bs and the fills are always best price

DerekTrucks

3.48 million shares sold short. Cost to borrow on IBKR 163% currently

user485928450

Can’t on IBKR

BigBitterSweet

Availability of shortable shares has gone significantly down today on IBKR. 15xxx, and rate has gine a bit up, 163

Poldi-1

I got 33% on IBKR

Organic-Gold-7287

I also cannot see SPY charts on IBKR

-OkemaN-

wheres my goddamn chart IBKR

r3econ

SPCX can't be shorten on IBKR, I'm getting "The contract is not available for short sale."

CleftyHeft

was panique IBKR wouldnt let me sell

KaleDizzy6915

That's just it though, IBKR doesn't allow you to buy SPY unless you're an american citizen...

-OkemaN-

IBKR graph not working

CMDR_Shepard96

Still no SPCX on IBKR..

CitizenPremier

Thanks, IBKR has a 60 day penalty I found. I remember doing it once... Maybe I'll be blocked from SpaceX

CMDR_Shepard96

No SPCX on IBKR yet..

Specialist_Spite5930

Aajaha okay, I thought IBKR broke lol

cyswim

Thanks for the info and congrats! 😁 Do you know if IBKR also have this option?

Cartier1847

My $135 order hasn’t filled on IBKR. Maybe I should raise the order price?

kersplatttt

IBKR if you sell within 30 days you cannot join a new IPO for 60 days. I'm selling probably in the first hour

arthjt27

Fuck it, fuck it, and fuck it again. Got 61 on 500 in EU on IBKR. 😤😤😤

thrillho145

IBKR taking too long to process my deposit so I can't bandwagon into spacex  Probably for the best 

Blankline

Absolutely. IBKR should have a support link or something to walk you through the process. Normally takes a week or so (double check because I can’t remember the specifics) but if it’s not a swing trade it should be no problem. If you can’t find any help, I am sure if you call their support line they’ll help. Only thing to be mindful of is realized capital gains this year, you will need to report from both brokerages. Not a “real” problem but something to keep in mind in April.

Blankline

IBKR is a brokerage, like robinhood, but way better (not as pretty on the phone). Can get into trouble buying foreign stocks, lots seem great but certain counties have less regulation. I do recommend getting into IBKR though. Unless you are experienced, stick with the “lite” option. The other will only benefit you if you trade a significant amount of options/use margin.

yoddbo

Care to explain for a dumbass? Whats GDR Hy9h? IBKR?

Designer_Respect4285

If you want to get in early, you can buy it through its GDR Hy9h, it's my third biggest holding right now. I think IBKR lets you buy SK Hynix directly at this point as well.

JuanGuillermo

Neither does IBKR.

Temporary-Basil-3030

Wouldn’t be surprised. IBKR would not let me buy more than one call.

tang-tw

For your brokerage, you can choose IBKR (Interactive Brokers), which excellently serves international clients. For ETFs, you can opt for VT for global market exposure, invest in VOO, or give priority to SPYM. Like VOO, SPYM tracks the S&P 500 but features a lower share price and a cheaper management fee. Alternatively, you can enable UK stock trading on IBKR to buy London-listed ETFs. For instance, VWRA tracks the global market, and VUAA tracks the S&P 500. Both are accumulating ETFs—meaning they don't pay out dividends but automatically reinvest them to maximize the compounding effect. This approach saves you a significant amount in taxes. For one, the dividend withholding tax sent to the US government is reduced to just 15%. Furthermore, because these ETFs are domiciled in Ireland, they are exempt from US estate tax. To put that into perspective, the US only grants a $60,000 estate tax exemption to non-US citizens. Anything over $60,000 is hit with a massive 40% tax. For example, on a $1 million portfolio, the US government would take $400,000, leaving your family with only $600,000. On top of that, your home country might levy its own estate tax depending on your local tax laws. Therefore, investing in Irish-domiciled ETFs is your best bet. However, keep in mind that IBKR is virtually the only US brokerage available to foreigners that allows access to the UK market. Other US brokers only let you buy US-listed stocks, leaving you vulnerable to the 30% US dividend tax and the 40% estate tax.

goldenlamp

IBKR already warning me that if I sell within 30 days I can’t do new IPOs

i4play

Guys, anyone can help me? I am not seeing 06/12 in the options chain (IBKR). Earliest is 06/18?

tortoisepump

Bro. Margin exists. Long IBKR.

goldenlamp

Even IBKR is having advertisements of the SPCX IPO on their website lmao

Gardenrosethorn

does anyone have an IBKR referral code?

Efferdent_FTW

The halts were coded LUDP which is an automatic volatility circuit breaker when small cap stocks drop 20% in a short period of time. This happened twice. IBKR had 3 short lenders yesterday morning, 5 in the evening and showing 9 today. CBT spiked from 200% to 240% overnight. This was a coordinated attack. One that failed, now they are holding additional shorts at $7.33. We see the pattern now. Check the CBT and number of lenders at EOD today, check it before market opens. If it spikes, set some low buy limits because there's an attack coming. I'm sure some of us had our stop limits triggered.

Due-pussy-1312

Without any knowledge of IPOs, this sounds to me like their desired threshold had not been hit yet. If there is a thing like a threshold for such things. IBKR just sent me an email reminder too, saying I'm eligible for the IPO. Doesn't feel all that confident to be that all these brokers have to send out reminders

corndog_messiah

IBKR offering me SPCX IPO shares. What do I do?

Borba_Fett88

It's the third time in the span of a week IBKR is sending shit adverts to register for the SPCX IPO on Friday. https://preview.redd.it/j12h54x1vg6h1.png?width=1198&format=png&auto=webp&s=7f7e31cf6ea6d957a119af795afb5c430decae6e

ramirez_tn

IBKR

iwasshotbyatigeronce

IBKR allows global trading hours on SPX, VIX and NDX. Google CBOE Global Trading Hours.

hairspinner

How do you buy for 8 dollars? IBKR forced me to buy minimum 2000 dollars worth of options..

vanceraa

IBKR extended the spacex ipo subscription window greed really knows no bounds

Unhumanje_

Just received this notification email (advert) from IBKR. Oversubscribed - sure. “We wanted to make you aware of the Initial Public Offering ("IPO") announced by Space Exploration Technologies Corp. (the “Issuer”). The deadline to apply has been extended to Thursday, 11th June at 14:00 CEST. The share price will be announced prior to the start of dealings.”

Confident_Double1392

That looks like IBKR

Hampster90

I actually added an explainer a second ago :) Shortable shares now stand at 50k on IBKR. It was close to 0 a week ago. The cost to borrow is still close to 200. It's working. The only unfortunate thing is that the market correction today allowed a cheap exit.

Hampster90

198 ctb. 50k shares available to short on IBKR. They're covering. It's just a shame it's under the cover of a market-wide sell-off.

AuthorAdamOConnell

I'm in the UK and I got an email today from IBKR offering to sell me IPO shares at around $135. Trying to decide if I want in or not. Don't like the 30 day lock-up or the valuation though, but the hype has got me interested somewhat.

vanceraa

IBKR is literally emailing me daily about spacex ipo like a deranged stalker. I’ve never received an IPO email more than once ever

Regenbooggeit

I have not requested any information and so far Trade Republic, Saxo, DEGIRO & IBKR has emailed me about it haha.

No_Feeling920

The average regard likely uses a "no fees" mobile app like Robinhood, rather than a traditional brokerage like IBKR. RH won't publish this statistic, because it would reveal the ugly truth and deter customers - both present and future.

avgnobrainredditor

IBKR says 407600 shorts available at 15.9% sounds like fake news to me

KingofPro

Just buy IBKR, it’s a money printer.

MaltyWingos45

Let's fucking RIP it. I've never seen such a clean, non-hype setup to make good cash AND fuck shorties I've made a transfer, soon as it's in my IBKR I'm all in

North_Teacher_7522

thanks for following along! when i initially went to set up i thought about trying with IBKR but Robinhood had just launched agents in Beta and long term i would love to just connect the AI directly so went in that direction. if people like the content enough maybe ill try IBKR though too 🙂

Midlycruising22

Thanks for sharing and let us ride your experience. Can you do the same with Claude for IBKR?

Lak0s

Your read on the lock-is right. The retail exit liquidity concern hits the hardest for people holding 3-6 months waiting for lock-up expiry. Same-day flip is a different risk profile though. A few SpaceX specific things worth thinking through on IBKR: retail allocation is going to be extremely thin. The S-1 confirms public participation but with only 4.2% of shares going to new investors total, your actual fill could be at $135, above it, or partial. Model your trade assuming you get less than you request. IPO day on a high-hype name is volatile in the first 30-60 minutes especially. With Goldman, Morgan Stanly, and BofA being the underwriter syndicate, that means price stabilization if it drops below offer. That's a downside cushion, though, it has limits and won't last forever. Your biggest risk on the flip strategy isn't the mechanics, it's the execution under pressure! These open chaotically. set your exit price before the open and not in the moment. The fear mongering framing is partially fair. The exit liquidity narrative gets recycled for every hot IPO. What makes SpaceX different is the sheer concentration of existing low-cost holders and the staggered lock-up, but that's a 6-month problem, not a same-day one.

jonneh

A fellow IBKR bro 🍻

Legendary-Lemon

I have IBKR and never seen it

_Clit-Commander_

IBKR has that feature but its not a big red panic button but there is a sell everything button

IamyourfantasyX

IBKR really wants me to explain my net worth in 30 words. I just wrote options baby. Hope they don’t close my account.

The-Good_Life

Thank you. I self invest thru IBKR and I live in the middle east. I guess I misunderstood the laws, as I was under the impression that all US domiciled equity holdings get estate taxed upon my passing. I will look into this some more!

Blamurai

ngl, I'm not quite following how most of your points support the claim that the squeeze can't get past 11. > monday was momentum ignition, shares are recalled before the ex div. monday was already too late that's true, which might be one reason the stock ran from 5.5 to 8 before Monday and it is now comfortably sitting higher than 8 with the ex-div date almost a week past, when shorts had plenty of time to try to push the SP down > IBKR showing nothing available to borrow is showing it for you as a retail trader, not everyone. big boys have their own supply i.e. dark pools That's true, the 7% (currently) availability factors in all lenders, including the institutional ones. Ideally, I'd like availability to stay at near 0, but the fact that shorts chose not to re-enter despite more available shares signals they don't think the squeeze is going to stop anytime soon. Or at least they don't think the SP will drop hard. Either way, it's not worth it at 350% CTB >it decoupled from macro due to high volatility on volume spikes while hunting stoplosses as it kept skipping prices. I am most confused here. Hunting stop losses implies the SP is cratering down Volume measures both buys and sells, while net covering measures how much the short pile shrank (or grew) by. Doesn't matter if volume is low or high, you're comparing apples and oranges. Friday was the first real sign of high conviction shorts covering (and is implied by the post's title). Short covering (at least the main squeeze) speeds up exponentially. It's slow in the beginning but once the short covering snowballs and SP rises, even the most convicted shorts can't stay in as they get margin called. >failed breakout at friday close why does it have to break out at Friday close specifically?

AVGunner

Thank you for the info! I'll have to see if IBKR makes this adjustment as well.

ryzetard

few things to consider though, i honestly dont believe it can squeeze past 11-12. monday was momentum ignition, shares are recalled before the ex div. monday was already too late. IBKR showing nothing available to borrow is showing it for you as a retail trader, not everyone. big boys have their own supply i.e. dark pools it decoupled from macro due to high volatility on volume spikes while hunting stoplosses as it kept skipping prices. 90k net covering is pretty much not that signifcant when volume spiked to like a million at least on friday + it was at like 2-2.5 million volume on thursday and tuesday already. some actual covering could have happened but most likely passive algos going net zero on their inventories before the weekend, also explains why not reshorted. If we assume the short position reported by nasdaq as of 15.05.2026 is still somewhat accurate its 2.5% of the total short position covered anyway, so doesnt really sound like high conviction shorts covering. all in all, i think for it to keep going it still needs some big boys stacking some bids at open depending on where the shorts are positioned now to break the repositioned supply. may happen, may not, but i wouldnt bet on it due to failed breakout at friday close.

ThetaGammaSickle

Even E*Trade is better than Robinhood, especially their E*Trade Power. IBKR is the real deal though once you learn it. Robinhood is for college kids and regards.

Wide-Tie-4477

IBKR is 1000 times better than Robinhood lol

TomatoSpecialist6879

I got free sponsor tickets and tagged along with one of my buddy last year for the Abu Dhabi one, some Canadian dude was unironically furiously cycling through his IBKR, Schwab, and a few other ports. It was all red, he did not have a good time at all and had his head down while his trophy wife was flirting with some old money looking guy

Brilliant_Voice1126

Samsung is a chaebol, or conglomerate of 63 companies. You can trade on KRX using Interactive Beokers (IBKR). They are inexpensive, but their interface is a little more complicated to use. Not hard though. Commissions are cheap and free for US trades. From there you can purchase Samsung Electronics, samsung display, or my new favorite Samsunf SDI (solid state batteries 2027) that Im building up a chunk of. It’s on sale right now.

Hiro-Nishi

Good luck trying to get any money or help from WS, have had problems with them before we're i couldn't sell options because their system was down, support told me to just wait for it to be fixed and they will help me, fast forward few hours and they say they cant help me, so I had to sell at a loss, and right away switched to IBKR.

Techmonk1234

This is not AI trading for you. This is you giving instruction to claude to place (**not** submit) an order. You still have to go to IBKR to confirm it. I have been using it successfully. I take screenshot of tickers from my screener on trading view, send the pic to claude, then write an instruction like - "place market order for first 3 tickers, $xx each". Then I go to ibkr and place the order manually. Lot of other cool things you can do. I am learning myself. Portfolio analysis, backtest with all stocks data that IBKR hosts. There may be other stuff you do with claude analyzing your positions and providing recommendations but I haven't done that yet. Like maybe asking it to analyze my open option positions and ask it for strategies to reduce my losses lol.

HungerSTGF

It won’t be stale data cause they’ll have the tools to request data from IBKR What tickers it might think are worth looking at first might be based on outdated info though

PleasantAnomaly

First time I've ever seen IBKR Message me about an IPO!

mista_r0boto

Already own it through IBKR

trust_it_bb

IBKR is shit - but their stock is a banger.

Expensive-Anxiety-63

In addition to allocations made to retail investors by the underwriters, we currently anticipate that certain of the shares of Class A common stock offered hereby will, at our request, be offered to retail investors through Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Fidelity Capital Markets, a division of National Financial Services LLC, Robinhood Financial, LLC, and SoFi Securities LLC, it's not on IBKR these are your options from the S-1. Just google things or ask a chatbot it can tell you anything a human ever would.

noob09

How does one preorder? Can it be done via IBKR?

averi_fox

It's amazing when its given the right context. That's why I'd wire it up with my spreadsheet that defines allocation goals. Then create a repo of skills like "update spreadsheet to match IBKR", "rebalance portfolio" (according to goals from the spreadsheet), "find recent surprising news", "play devil's advocate". Basically natural language scripting

cl0udNinja

Holy shit do NOT do this. I’ve been testing Claude recommendations with live IBKR trading data on a paper + my real account. You will get absolutely cooked. It’s an amazing tool for analyzing where you fucked up by consolidating data. It’s been shit real time, it’s just not there yet. There is a reason quant firms spend millions a year, a 200$ Claude subscription does not equal quant level real time trading 🤣🤣. Holy fuck this could be bad for some people

Albondip

IBKR is opening the IPO to UK residents.. they want as much exposure as possible.

Breezy8081

IBKR

ishouldworkatm

Reminds me when IBKR told me I had (25000) margin I was like « oh ok thanks that’s enough » After a few emails the accountant told me the parenthesis means negative

TDAdams

Great conversation guys. One idea that has worked out for me has been to buy the brokers and forget about them. GS MS JPM and IBKR Bet on the house, not the gamblers.

No-Pressure4609

Yeah - they do PFOF. You can do IBKR pro if you want best prices, but it means you pay commission on stock trades and higher commission on options

APJ30

I use both IBKR and WS. IBKR for complex multi legged strategies and WS for simple CSP and CC. WS has a setting where you need to turn on or off auto excercie feature. So if your long option is ITM on the day of expiry, they auto excercie it for you. I have turned it off but I still don't trust them. I have read horrifying stories like the one OP posted here.

MitchCurry

Added to my positions in IBKR (7% more shares), IOT (14%), ISRG (8%), NOW (14%), NU (6%), TYL (23%), VEEV (15%), GWRE (14%), PRCT (12%), QXO (15%), and NTDOY (6%).

6yXMT739v

This is BS?! I tried to replicate it with IBKR and max gain is around 2.120 USD for a Long Put - 100 contracts

Boring_Praline_3586

SpaceX lists on Nasdaq June 12 under ticker SPCX at a fixed IPO price of $135/share, valuing the company at $1.77 trillion.  Biggest IPO ever. IBKR just opened pre-IPO access, but only through their UK entity. The offering period runs June 4 through 6 PM on June 10, and participation is limited to clients who are tax resident and located in the United Kingdom.  Since you’re based in Brazil, the pre-IPO allocation won’t be available to you through IBKR. Once SPCX starts trading on the Nasdaq, any standard brokerage including Interactive Brokers can place the order.  So you’d be buying at the open price, not the $135 offer price. Worth noting: SpaceX’s xAI subsidiary burned $7.72 billion in Q1 2026 alone and showed a $2.47 billion operating loss in the same period.  The Starlink business is solid, but the AI unit is hemorrhaging cash. First quarterly earnings (10-Q) won’t come until around November 2026, so you’d be flying somewhat blind on financials for a few months. I’m not a financial advisor, so this isn’t a recommendation either way. Just the facts to help you decide.

PapaCharlie9

Looks like we both get to learn something new. The fact that it is **IBKR** showing those dates is significant. The "w" doesn't just mean weekly. It apparently means *any contract* that isn't a monthly or LEAPS. So that includes the quarterly contract on Sep 30, and importantly, the **End-of-month** contracts (Jul 31, Aug 31) that are only available on global markets for SPY. Brokers that don't support the global market for SPY contracts wouldn't show those EOM contracts. So, like I said, you are SOL. You can't do what you want that far into the future. There are going to be gaps because no weekly contracts go further out than 6 weeks. Particularly if you are trading contracts on any day other than a Friday.

ecphiondre

In my IBKR app, short selling section

flaming_pope

It’s very much broker dependent. Robbinghood will force you to excise your hedge for intrinsic value, even though you still have premium. Absolute theft. Their reasoning is that there’s a chance the market is halted during the hedge’s expiry. The mechanism is heavily exploited. IBKR on the other hand gives you full control on how to close your hedge, but basically says you accept the risk incase you fuck up closing the hedge.

ecphiondre

4576 shortable shares on IBKR (up from 0). Cost to borrow is still 202.

cryptopolymath

You should have used IBKR for Options in Canada. Better simulations for multi-leg trades. I hope it works out for you.

fenstapuza

Good morning! Looking at OptionCharts, lots of puts got added. Right now I'm seeing a put/call ratio of 0.46, compared to the 0.03-0.04 (one hiccup to 0.14 two days ago) we've been having. Looks like most of them are Jul 17 $12.5 ones. CTB 202.6 (IBKR), anyone got more data?

No-Clerk7943

This is how I blew up my portfolio with IBKR dude. I called in and the guy liquidated the rest of my position at a very bad spread. The defined loss doesn't work.