Recent content by urrterrible

How do you guys know this stuff? Thanks for the help.

I would like to make my own long short fund instead of sitting in cash. If I open a 100k account and short 50k worth ove stock and buy 50k worth will you be paying interest on the shorts? Or do you pay margin interest only when those shorts move against you? I believe any dividends on my...

Thanks and yes using IB. Are the other brokerages relatively the same? I am going to slap a ratio spread on some of my longer term holdings. One i am looking at is EMR Own stock Buy 2 47 strike calls exp. Jan 2013 Sell 3 52.50 strike calls exp 2013 This basically keeps downside...

If I have an option that is in the money and I do nothing, will my brokerage firm default into buying the shares at the strike price and hold them in my account? I never understand exactly how an options contract finishes if you hold it and do not unwind the contracts. Thanks for any help

Is there a site where I can plug in some options and it spits out a profit/loss diagram? I am interested in creating a structured note-like option model using GLD. I would like to see if I can create the note I saw where you get 2x the upside until 35% profit, if the price goes down 10%...

I know some good advisors. They kinda coach, teach, invest, etc. Find one that knows economics! as well as finance, some accounting, and one that has connections with CPA's and lawyers. If you need something he/she can then get you to a solid person. If they leave the firm you can go...

"you can't stay short them over long periods of time." That is why I was wondering if anyone thinks if this thing stays choppy if the eroding factor will out weigh the premium you would pay on the puts maybe?

Another question and sorry for throwing so many questions out there, but there are a lot of intelligent people here and I like to learn from them. Let's say I like to look at a past chart of FAS and FAZ and see that every time FAZ hits 80 I should short it. Well when the Index it follows was...

Hey I posted my question in another topic but here it is again and I created two excel sheets and the results were educational. question: Why not just short FAS and FAZ(3x Russell 1000 financial index). You win by the decay! I learned this works for choppy markets like ours, but if there...

Jeb, You get the equity buildup on the short of FAS though even though you are losing on FAZ in your scenario. Won't this keep you from getting a margin call? Furthermore, what would be keeping a very conservative investor from shorting both with plenty of cash set aside in the...

Could someone explain to me with the time decay involved in 3x ETF's how you cannot just short both sides of the ETF(ie FAS and FAZ) and make money? Thanks. UT