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Re: viking86 post# 133

Wednesday, 11/12/2014 4:00:09 AM

Wednesday, November 12, 2014 4:00:09 AM

Post# of 812
Hi there,

I really don't look at the margin requirement, you think like an option buyer and not like a seller. you should think how much money you are making in this deal when you will close it and what is your max loss if you put on a stop loss if the spreads hits that target.
I have 100k account and from the past experience I had with option xpress I was able to get great commissions and great margin requirements, I don't look at that, once the trade preview is set, I look at how much max at risk if all goes against me and if that number is less than 10k I'm doing the trade. not going into very complicated calculations that will make me not take the trade out of fear.

and yes the spread I sold was $0.35. and again your next question, optionxpress for certain traders with high net worth ( and I'm guessing all other brokers as well) take trades even with less liquidity so they can do the trade outside of the stock exchange for example or whatever way they want and it will be filled but not shown on trades lists.
I don't care how they do it, I only like that they do it for me.
It take sometimes a few hours but almost all cases got filled for me in the past with them.

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