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If a sent you a PM and gave you the stock, you would take the opportunity yourself with your eyes closed?

In the event that the premium on the put price is greater than the premium on the call price (assuming same strike price and same expiration month), it presents a rare opportunity, i.e. instead of buying the stock, you can buy the calls and sell the puts (then you have the same potential of...

They charge 1/2 cent, not 1/2 percent. Question is moot, see their website: "By offering guaranteed stock locates on a first-come, first-serve basis, LOCATESTOCK allows small and mid-sized hedge funds, broker dealers and day traders to compete for borrows with the largest hedge funds"

Although my case does not fit the description you say, however, the idea of having a SHO violation indicates to me that it's yes possible to end up short a stock which the broker doesn't have---else there would be a forced buy-in within 4 business days.

You're saying a broker may charge 40% for what they are paying 1/2 cent to borrow? Maybe if they were offerred this time of money they would oblige willingly, but I was hoping they would have to oblige if stock is located, regardless of were, and can only charge reasonable fees.

Talk to Locate Stock.

Actually, the stock is only about 5% in the money (A $1 strike price). I am writing this thread because the compliance department seems to say shares are not available to borrow, and they don't look furthur--even though Locate Stock will tell you they can locate this stock. (I also...

The broker can pass through the cost which can maybe be 1/2 cent per share.

Quite surprising. However, here, I am short calls in-the-money, and upon options expiration, my account stands to show short the stock regardless of availability by broker/ clearance firm. My question is: can they insist they want to buy-in? Or must they accept my alternative proposal...

Anyone?

1) If your broker claims a particular stock is hard-to-borrow and no shares are available at their clearance firm, and they DON'T want to borrow shares from the "street" even though shares are YES available... 2) Then an options exercise leaves you short the shares, can the broker force a...

Thank you for your response. The reality is, that I don't think my question is relevant because the order is almost always filled by a buyer of seller whose broker doesn't take the order flow, and routes it properly to the exchange(s-.

:confused:

Any experienced traders?

It seems to me with many brokers you can't reasonably & profitably buy at bid & sell at ask, because the broker is in charge of your order flow, and almost always steps in (by offering fraction of a penny price improvement themselves, or through some third party) when they assess it's the type...

Anyone?

I remember for a period of time IB stopped providing margining on financials; has this changed today?

Anyone?

There are just a few days till the end of the tax year, and I have some wash sale issues that I am trying to handle. 1. In August, if I bought and sold shares with a net loss, and with a was sale problem, will that increase my cost basis only on future trades, or also on an outstanding...

I Googled: economic event calendar and came up with this: http://www.bloomberg.com/markets/ecalendar/index.html