The Traderszone Network

Published in TZ Latest News 17 October, 2017 by The TZ Newswire Staff

issue with E*TRADE, negative balance in cash account, could use an advice

I was searching the www trying to figure out what to do. This forum seems perfectly capable of helping in my dilemma.

My $X,XXX Optionshouse account was transferred to E*TRADE. Several days after the transfer, I placed several trades selling SPX vertical spreads (both ways, puts and calls) that were expiring the next day. Notice, all the trades were of “limited risk – limited reward” kind. This was a purely volatility play and since my goal was to have a position close to direction-less, I…

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