What was i thinking! You guys are right that my max loss is unlimited and not 3k as I originally thought when I short the stock . I never shorted the stock straight out but used options (not in IRA) to simulate the same.
I have Roth IRA account with IB. Let's say if I have $4000 in cash in my Roth IRA account, can I short 100 stocks at $30? My max loss is $3000 which is covered by available margin in my account. I don't see any issue but there are weird rules with Roth IRA and I am sure one of you knows the...
I sold 5 put last month, got assigned so sold 5 call - cost basis is down to 2.23. I will keep doing business at 5 since it sounds like a lucky number for Drys.