SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Canadian Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Courtemanche who wrote (842)2/24/1998 9:23:00 PM
From: Dave.S  Read Replies (1) of 1598
 
Dan:

I've been a professional options trader since 1989. I would say trading professionally, using a client account through a discount broker, would be very difficult.

As a Pro trading on the Options Floor of the TSE, you can set up positions which clients are not allowed to use. For example, I could buy 50 at the money March calls on a stock and immediately short 5000 shares against the position. This could be quite profitable if the stock drops rapidly. Client accounts are not allowed to do this on a one-to-one basis.

There are other advantages to floor trading which are not available to the clients. These are lower margin requirements and instant access to the equity and option markets. I think one also gets a better "feel" for the market being on the floor.

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News