Recent content by GateFifty

There are a number of times i've seen big news coming up (as in the case of citi on friday) and there has been no change in the spread the thursday before. I actually did this trade on citigroup on friday. I wasn't expecting a 50% drop, but I was expecting a 15% or so move in premarket (with my...

Hi, I just wanted opinions on whether this is allowed. Say you are trading a stock that has a huge announcement coming up. Such as Citigroup on friday, which turned out to plummet 50% in premarket. My question is, if you had gone long and short this stock with a even amount each way the day...