9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 (edited) 1 hour ago, abenjami said: For AMC you can currently buy $10 calls at 1/3 the price of $12 calls. LOL It is probably fast moving and the quote is not accurate or they are one sided bid quotes but no one is creating a contract for the ask. Perhaps but I doubt you can buy them at those prices. If you have option level ability: buy the $10 and sell the $12. I suspect one or both orders do not get filled. If they do, at the prices you stated, you just made free money. Edited January 28, 2021 by 9 Nines Link to post Share on other sites More sharing options...
oldschool Posted January 28, 2021 Report Share Posted January 28, 2021 lol @9 Nines so out of touch with retail trading. This isn't 2005.... Robinhood has over 13M investors on the platform. Jamalisms, and abenjami 2 Link to post Share on other sites More sharing options...
Stranger Posted January 28, 2021 Report Share Posted January 28, 2021 Are there any apps that are still allowing those stocks to be bought? Link to post Share on other sites More sharing options...
oldschool Posted January 28, 2021 Report Share Posted January 28, 2021 Just now, Stranger said: Are there any apps that are still allowing those stocks to be bought? Fidelity never stopped as far as I know. I assume the other traditional brokers are the same. Link to post Share on other sites More sharing options...
9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 9 minutes ago, Jamalisms said: In other news, this is why I only play around with hundreds of dollars. I have zero interest in the angst and anguish to situation like this, or just a bad buy by me, would cause. I'm incensed. But I'm not losing my shirt like many right now. You wear $1000 shirts? Link to post Share on other sites More sharing options...
9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 6 minutes ago, oldschool said: lol @9 Nines so out of touch with retail trading. This isn't 2005.... Robinhood has over 13M investors on the platform. 13 million investors, many with under thousand dollars on the system? There are probably some established brokerages with a few clients together having more capital at the firm, especially ones handling bonds and bank lending. Robinhood, to the financial services industry, is probably comparable to a few franchises, local restaurant to the hospitality industry. Link to post Share on other sites More sharing options...
9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 10 minutes ago, Stranger said: Are there any apps that are still allowing those stocks to be bought? Probably a team in India, taking a break from "credit card services" calls, are working on one. Link to post Share on other sites More sharing options...
Jamalisms Posted January 28, 2021 Report Share Posted January 28, 2021 6 minutes ago, 9 Nines said: You wear $1000 shirts? Wear? No. Own? I'll never tell. Link to post Share on other sites More sharing options...
9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 (edited) 3 minutes ago, Jamalisms said: Wear? No. Own? I'll never tell. https://www.rushordertees.com/blog/expensive-t-shirts-money-can-buy/ Edited January 28, 2021 by 9 Nines Link to post Share on other sites More sharing options...
9 Nines Posted January 28, 2021 Report Share Posted January 28, 2021 Are there still level 2 quote trades, where you see order flow and if time it right can get a head of large orders to take advantage of order imbalances? I was never sure how to do it exactly since the quotes fill so quickly. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted January 28, 2021 Report Share Posted January 28, 2021 5 minutes ago, 9 Nines said: Are there still level 2 quote trades, where you see order flow and if time it right can get a head of large orders to take advantage of order imbalances? I was never sure how to do it exactly since the quotes fill so quickly. Level 2 quotes are what I use on the Pro platform. Can be helpful, depending on how the bid/ask orders are stacked. Link to post Share on other sites More sharing options...
abenjami Posted January 28, 2021 Author Report Share Posted January 28, 2021 7 minutes ago, 9 Nines said: Are there still level 2 quote trades, where you see order flow and if time it right can get a head of large orders to take advantage of order imbalances? I was never sure how to do it exactly since the quotes fill so quickly. Yes, level 2 quotes are obtainable but you have to either pay a monthly fee or meet a trading quota to get them for free. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted January 28, 2021 Report Share Posted January 28, 2021 4 hours ago, OILERMAN said: All this market timing, shorting and day trading hurts my heart lol It's just noise and something to do. I mean yeah, you can make some good cash for sure, but you gotta stick with da Oilerman plan first, then when you retire, you can play around with the shit all you want. Poker too I'd assume! OILERMAN 1 Link to post Share on other sites More sharing options...
Jonboy Posted January 28, 2021 Report Share Posted January 28, 2021 GME hit a low of $120 this morning. Now already back up to $220, lol. Link to post Share on other sites More sharing options...
abenjami Posted January 28, 2021 Author Report Share Posted January 28, 2021 3 minutes ago, Jonboy said: GME hit a low of $120 this morning. Now already back up to $220, lol. The volume is crazy low. All the reddit posters are holding strong. The price gaps are being caused by small sales. Jonboy 1 Link to post Share on other sites More sharing options...
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