Premium collection gone awry


#1

Has anyone else seen this? I put on an iron condor at 6pm and “collected” over 100 in premium on each side, the market hasn’t budged after 12 hours but to have such a loss on both sides???

Thank you.


#2

You will pretty much have to wait another 10 hours to see the big $$ come in.

Hopefully you didnt exit the trade and are still in it. Should look something like this now

This post should help clear up what happened… https://forum.apexinvesting.com/t/liquidity-problem-or-nadex-demo-glitch/8045

For the most part, I think it would be really hard to lose more than $100 on a NQ IC, if placed at 6pm.

Of course knowing me… I would derp and find a way :confounded:


#3

Thank you for the info. By about 7 am, the prices seemed to correct themselves so I guess it was just some glitch.


#4

No problem.

It looks like when all the contracts that are listed are bought, but before the market makers can refresh them. That is when those crazy prices appear.

Most likely see them right around the market opening or before big news