Recent content by Tom1am

Ahhh! One day settlement (the light goes on) Mark, Thank you very much for that information Tom

Schwab has a counterpart to IB liquidate last and it does apply to assignments. Unfortunately there is no lag time between an assignment notice and the assignment to purchase subsititute shares at a higher cost basis. Spreads do not seem to qualify. The tax impact for collars can be...

If an investor holds a stock with a low (or unknown) tax basis, the assignment of these shares may be very very costly, if the stock is held in a taxable account because the assignment is a taxable sale. Is there any way an investor can offer substitute stock, perhaps through options, and...

You can make 5 bucks from that trade. Your risk is the net premium If you get direction and time right you can make money. IMHO there is a better risk reward than a credit spread, based on max risk/reward fo ATM or OTm spreads. If volatility and time decay are high, credit spreads may me...

May retrace to 50dayMA Abx broke the 12 day MA, It has been very overbought. Lets see if it holds at the 50 day first

I would not be surprised if the bill is watered down, or retirement accounts may have some sort of exemptions, or perhaps the Long term capital gains may be revised to include a credit for the stock transaction tax, but yes I do agree this will be tax on 401ks as well. In the past,people did not...

So it puts the business back where it was 30 ago before the "Johnny..Time to rub the bunyons" commercials. Volume used to be a few hundred thousand shares a day, now it is billions. People used to buy stocks as an investment, and even some mutual funds used to charge 8-10% loads. With...

Long term investors most certainly can get out of this. If yo trade you pay the tax at the source. You get a credit on you tax return for tax you paid if your trades do not exceed x per year. The broker simply reports this on your 1099 and it is matched at the service center. That will reduce...

Centerfire ammo 9mm, .223 expensive and u will be on a waiting list to get Many truckers are now armed .22 and most SGN ammo is good for hunting, do not know the availability. Physical gold has been hard to get for awhile, but you do need enough to bribe the border guards:) MY LIST...

I remember seeing the screenshot of Steve Case and the Time Warner dude holding their hands high above their heads in victory shortly after their merger, as everybody in the audience was cheering. CNBC David Faker reported on the merger with intensity, pumping the new combined company daily...

I am finding that out. Although working with options has made me a much better trader.

Why would you even want to sell calls on this stock??

I now understand the volatility part of this. My original calculations failed to include the net premium earned on the put spread, and i was thinking out of the money spread, and that is the mistake I made. The equivalents I used SPY collar, spy @107.13, sell Dec 112 call, buy Dec 102...

No, I am not concerned with a couple of pennies, or a few dollars. My original concern was more with the effect of changes in volatility, since the amount of money committed to the long ITM call is different than the amount of money commited to the put in the married put senario. In the...