Recent content by propslave

Thanks for the replies - that's what I figured and legal counsel in Toronto confirmed it. The biggest hurdle I'm facing right now is registration with the provincial body. The legal firm I spoke with advised me to complete the CIM designation and PDO exam to meet registration requirements...

Hi guys, I'm trying to decide whether or not I need to use a law firm to officially form an incubator fund for what I'm currently doing. Here's my situation. I've developed a strategy that I'm currently trading with a small amount of money (<50k). The account is registered under my...

Thanks for the links. In the first link the margin calculation is based on 20% - so I know that in the US their are brokerages that offer naked calls based on using 20% * the underlying in the calculation. I don't believe this is the case in Canada. So to clarify my question, does anyone...

It doesn't matter. I'm asking about the formula used to calculate margin for selling naked calls. The standard formula for equities (not index) is the underlying * .30 (+-) the amount ITM or OTM - the premium received. I'm just curious if that 30% is standard in Canada or if it's lower...

Is 30% * the underlying market value the standard for naked call selling margin requirements at brokerages (in Canada)? Are lower margin requirements for naked call selling available anywhere?

I would assume none of these firms allow naked equity with margin? Or maybe they do with a large enough deposit?

Quite the drop in RMBS stock price today, after they lost their antitrust lawsuit against Micron. Anyone care to venture a guess as to where RMBS stock price will head now? Continued selling or a bounce from here?

Hi Eric, Let me know what you find, I'm in the same situation.

Derek has not returned everyone's money. A friend of mine is still owed quite a bit... there may be a lawsuit in the works here...

I second that.

What is the best way to find out about IPO's about to start trading on an exchange? I would like to have this info before the market opens... I realize the NYSE will send this info out in an email if you sign up for it, but what about NASDAQ and AMEX stocks?