Recent content by Slimcan

  1. S

    should I incorporate my trading activities

    Also, some of your investment expenses may already be tax deductible ? I have a question for Loyek590, about margin account interest. Is the interest deductible? If it is not...........then a LLC may also be the way to go.
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    should I incorporate my trading activities

    Good point, LLC, I opened one but I did it in NYC > I think it would have been better using my home upstate because NYC income taxes are high .
  3. S

    I want out of EXC

    jimmyjazz, I like your mindset....... I feel better when people think on my lines:D Note: This is more then one trade for me, its a education of how to be a better trader. Your saying , try to recover something and that is how I think. Separately, the Wall Street Journal wrote an...
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    I want out of EXC

    I feel earnings are steady at above .50 each ¼ . enough to pay the dividend . I do not see it going back to $1 earnings ever. So , the Ideal situation I would keep selling calls and pick up a little something. The .45 is really not that small because it is almost = to the .50 dividend it once...
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    I want out of EXC

    Good Idea? I own EXC at $40 and now trades at $31. Would it be a good idea to sell a call at $32? I may be able to pick up some cash if it sits there under the $32 stike or finally say goodbye if it goes into the strike price. I am not overlooking something if I do this?
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    writing a call in IB

    Good explanations I like the concept of thinking of it as a short---------------- I am good to go ……………
  7. S

    writing a call in IB

    I own 400 shares of At & t and wish to write 2 calls in IB. I clicked on option spread and only see a Buy/write combo. How would I find a write icon. There are many choices but nothing that says Write. :)
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