Readit NewsIf the stock truly is wiped out and common shareholders equity is 0, you can exercise the put, receive 100x the strike value per contract, and deliver nothing.
Source: https://www.optionseducation.org/referencelibrary/faq/splits...
Maybe I'm just dense, but I've read this sentence 20 times, and it still doesn't make sense. If you aren't changing the time spent on work, where is the productivity gain coming from? Surely they aren't including commute time in calculating worker productivity?
I don't know if this was your intention but it's kind of a pet peeve of mine when someone posts "that's useless" to a content creator without elaborating on how they would've approached the issue.
Your order gets routed, delayed, placed differently, and while you may not immediately see it, your trades are getting a different result than if you explicitly paid a brokerage who charges a commission on it.
Learn about "payment for order flow".
Yes...the average retail customer submitting a market order will generally get a better fill with PFOF. This is what most people don't usually mention when talking about those terrible high-frequency trading firms.
E.g. if a stock is trading at 10.00x10.10 and I submit a market buy via Robinhood. Citadel or someone else is going to pick that up and sell it to me for, probably, 10.08 or 10.09. Not the 10.10 I would've paid on the open market hitting the offer. It's in fact illegal for me to get a worse (higher) fill than 10.10.
Sure, but people with kids win at life.
Let the DINK make some extra money. You still have it better.
That's a pretty insulting statement for those of us who can't have / don't want children.
It's not a competition. We've chosen different paths than you. Not worse, just different.
We looked at the choices, and made ours. Don't tell me it was the wrong choice, without knowing literally anything about me or my wife. That's pretty patronizing.