Recent content by Robert Weinstein

The only way you will receive an answer to this question is to obtain an answer from a qualified Tax attorney, CPA, or EA (in that order of preference). The biggest problem I see with your question is in the first sentence, namely asking the internet won't hurt either as I have many clients that...

Just trying to be helpful here because many others do the same thing. First, you didn't actually "cite a source" or what's technically known as an "authority." Unfortunately, the general information on the IRS website, such as the url you provided doesn't actually "mean anything" (same is...

As an intraday short seller, and one that fades strong upward moves, I studied short interest extensively. I found no relationship between short interest and expected price moves from where I enter a position, or subsequent profit target. That doesn't suggest short interest isn't a factor in...

1-14-14 I took a few arrows with (CSIQ) today. I was near breakeven and even looked at exiting early in the day. In fact, I started closing out some covered puts, but I didn't cover the shares. So I was left with a full upside loss (I still have a couple options) and it was a tough day. I tried...

1-13-14 I thought today would be a ho hum kinda day, but it was anything but. I wanted to spend as much time writing as trading, but (ALNY) changed that, along with (FMI) and (CSIQ). I had other trades too, after all, it was a good day,however, those three took most of my time. I entered...

Hi NoDoji, I tried to send you a message but ET system won't let me. I guess your settings and or ET is the issue. Can you PM your email please? Thanks Bob

1-10-14 It was a busy day with several near enteries that didn't quite get there. i also traded (ICPT) again and while I used greater size, it was still nano bites. I had no desire to expose myself to a $400 stock that may go nuts and reach $800+. When so much emotion is at play, you really...

1-8-14 Today was a turn-around Wednesday and while I closed a loss with (CSIQ), I was able to meet my objectives, even if I didn't try very hard. I covered over half my (CSIQ) position without scalping it at all. It would have helped, but I used the movements to work in and out of several...

1-7-14 I want to say it was a mixed day, but really, it just sucked any way you look at it.I've traded (CSIQ) horribly for the past couple of days, always trying to get a "litle more" out of it and holding my short. Today, the company announced a significant sale and my rather large short was...

1-6-14 I didn't think much of today's trading. I ended the day with slightly fewer shares of (CSIQ) short and less puts options as a hedge. I did manage to close out a small gain from the puts and stock as I traded around the position, but I continue with an unrealized loss. On the plus side...

1-4-13 Friday I continued to trade (CSIQ) with success, especially in the morning session. Knowing that these setups often carry higher at the open, I was ready and shorted the initial pop and closed out a decent gain. Enough to break even for yesterday's miscalculation anyway. Two accounts...

1-3-14 It was a slow start to the year, but that didn't stop (CSIQ) from removing today's productivity and profits. I tried to scalp it and that would have worked wonders. Instead, I decided that it should fall further and pulled my bids lower. Low enough that they were missed and as I added...

Sounds like a great time. I wish it was a little later as I'm packing up the entourage and heading down your way in March. Considering it's about -30 with windchill, I think any weather would be permitting for outside compared to here. I hope to make the second annual event.

12-31-13 Last trading day of the year and it ended rather uneventful. I moved my (TWTR) hedge to provide more cover and made a couple of other trades. All in all, today was a wash intraday, but profitable from my position yesterday. The $63 call I wrote is finally in the money and the Theta...

12-30-13 Decent day to start the week and almost end the year. Twitter (TWTR) is the main attraction and once again it put on quite the show. I managed to fade it half-way decently. Considering the moves and the repositioning of my option hedge (more like the stock is the hedge), I did ok...