i was being facetious, doubt you could short from an IRA account also.
ill probably end up with a couple of shares of some ETF or equity to broaden my portfolio..
thanks for everyones thoughts.
I opened a SEP IRA for my wife on advice from my accountant because she was a contractor for a few months before finding a permanant position.
There is a high likelihood we will never touch this account again (ie: no regular contributions, assuming she wont be a contractor again)
Thus I...
I wasnt aware you could automatically lapse the option. I found it playing around with the features on TWS this weekend. You can be sure I'll either close out my positions or lapse them in the future, makes for a stressful weekend trying to read up on current events hoping against a gap down...
My option excercised, so I was long the underlying going into the open. I closed the position ~5 min after open myself. Not sure what would have happened if i didnt (also not sure how IB would address the issue of myself and them putting in the sell order in at once so I would be short)
In...
I have a long call that closed ITM but I dont have enough margin to cover the excercise (only enough margin to cover 1/3 of the position).
Anyone know if IB will:
1) not autoexcercise and let expire
2) excercise and sell at business open on monday
My biggest fear is #2 in case the...
The report is put out by naturalist doctors who are seeking to disprove conventional medicine. (their premise is that FDA is interfering with alteranatives to medications.. i don't think FDA would have a problem with these alternatives if they were proved to work better than conventional...
Thanks for the example, it makes sense. knew I was missing something. (just had no idea it was so obvious.. ) so the pay off chart would look like a short straddle?
btw. I've had TdW since they were datek.. had known about ToS but never played around with it. Tried for a short period of...
Sorry, reversed a position..
a) Long TNA (russell 2000 bullish 3x leverage)
b) Sell a covered call of TNA at specific strike
c) Long TZA (russell 2000 bearish 3x leverage)
d) sell covered call of TZA at the same strike as b)
I'm fairly new at options, basically have just been writing covered calls.
With the recent volatility and availability of leveraged inverse ETFs, would this be considered a risk free transaction?
Long TNA
Sell a covered call at specific strike
Short TZA
sell covered call at the...