Choy Tiger
2023-11-05

Hi Everyone, thank you for accepting me in this group.

My name is Choy, age 51, from Malaysia. Started investing in US shares in 2016 and pick up option 2 years ago using  Interactive Brokers (IB).

Started to use Tiger from this year primarily due to concern with estate planning if I continue using IB as it doesn't have beneficiary assignment for overseas investor. For tiger it recognises the probate from Malaysia. 

I explored option in Tiger few weeks ago and found that it is not as strong as IB in terms of the functionality. 

In IB, I use rollover and synthetic call call quite a lot. But in Tiger it doesn't allow me to do so. For eg I sell call for SHOP at $53 3Nov23. So when the share price jump exceeding $53 I will just roll it to higher price at later date maturity and collecting some premium. But just found out that I can't do this in Tiger.

Anyway happy to be connected with everyone and learn more along the way. Good luck everyone, cheers!

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Comments

  • CaptainTiger
    2023-11-10
    CaptainTiger
    Hi! Welcome to Tiger! Thank you for choosing us. Regarding the rollover function you mention, I'm glad to tell you that we're already working on it and it's expected to go live in December!  [Cool]  Just stay tuned!   [Happy]
    • Choy Tiger
      hi Captain Tiger, any progress on the rolling function? Thanks!
    • Choy Tiger
      Thank you, Captain! You are the best. Because of my experience with Tiger, I am accumulating Tiger. Hope to get Synthetic soon.
  • fenixfire
    2023-11-07
    fenixfire
    Welcome, Choy! nice to have you in the team.

    Interesting that Tigerbrokers appears more amenable for estate planning considerations. Need to look into that for myself too.

    The multi-leg orders are a relatively new feature in Tiger. Since, I am a relative greenhorn, I generally create multi-leg situations piecemeal, surely not the most effective or efficient.

  • Leo354
    2023-11-06
    Leo354
    welcome!
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