Recent content by nimo2007

Hi everybody, Last year I made a blunder doing a tax loss selling, and right now i'm trying to fix the situation. I would appreciate it very much if anybody with knowledge on the wash sale rule would answer my question below. On Dec 30 2007, I sold MER for a loss (tax loss selling) and...

Hi everybody, This maybe a silly question, but I need to ask because I've never been in this situation before and I am a bit nervous. I am long 5 YM Sept 07 contracts and short 5 YM Sept 07 call options. I expect all the call options to be exercised if the market doesn't go down much by...

Hi everybody, This is the first time I've ever traded futures options, so please forgive me if my questions sound silly. I am holding 5 YM options contracts (Sep 2007) which are slightly out of the money right now. I wonder what happens on the expiration day of the options (which is the...