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  1. Z

    Ok I have read and read and read and still don't understand what an option is.

    Short fuses make for lousy traders.The ignorant always respond with a personal attack.
  2. Z

    Ok I have read and read and read and still don't understand what an option is.

    wrong and misleading. from so many angles. Your entire post should be ignored.
  3. Z

    Ok I have read and read and read and still don't understand what an option is.

    It is poorly worded , a poor example. and incorrect. If you buy a stock options contract good for 1year you pay the entire premium/ price up front
  4. Z

    Education & Blockchain

    It will be the subject of courses in financial bubbles.
  5. Z

    Ok I have read and read and read and still don't understand what an option is.

    Step up to the plate and and answer the OP's question what is the difference between an options contract and a futures contract.:D
  6. Z

    How zero-fee trading helped Citadel cash in on retail trading boom

    " what we lose on every trade we make up in volume." Citadel created a successful business model based upon that premise.
  7. Z

    How zero-fee trading helped Citadel cash in on retail trading boom

    “We didn’t build Robinhood to make the rich people richer,” co-founder Baiju Bhatt told the FT in 2016. “The mission is to help the everyman, the rest of us, to be part of the financial system.”One has to be brain-dead to take this seriously. If the world was not filled with millions of dead...
  8. Z

    How does Saxo treat short options assignment

    You have every reason to be concerned, The lack of knowledge and misinformation is prevalent not only at Saxo, but at most financial firms. The response you received is a red flag. I would consider taking your business to another place.
  9. Z

    Rookie Trader Racked Up $700K In Debt

    Do you read just the headlines? Guru explained that there was no loss when you netted his positions.
  10. Z

    Rookie Trader Racked Up $700K In Debt

    It is incredible that there are people on this thread who believe he lost 731k when he actually lost nothing. Then there are people on ET who post complete nonsense on short selling and call you names when you give a proper explanation.
  11. Z

    Rookie Trader Racked Up $700K In Debt

    Not necessarily. You just need to have sufficient collateral in the account.
  12. Z

    The Beauty of Options - Portfolio Insurance at a Discount

    It is unnecessary to sink to his level of name calling. With every one of his posts he reveals his true character.
  13. Z

    The Beauty of Options - Portfolio Insurance at a Discount

    Never heard of you in this Capital.
  14. Z

    Rookie Trader Racked Up $700K In Debt

    Your reply is off subject. It deserves a thread of its own. Go for it.
  15. Z

    Rookie Trader Racked Up $700K In Debt

    This kid was mentally unbalanced which is obvious. Like many retail traders he knew next to nothing about the product he was trading. In the money options, particularly deep in the money get exercised frequently. RH is also likely at fault for failure to make disclosures. RH will likely be fined...
  16. Z

    Rookie Trader Racked Up $700K In Debt

    This fact seems to be overlooked by posters here.. . What happened to the other leg of the spread? If the other leg was not closed risk management is disaster at robinhood. Didn't this kid talk to someone at RH when he saw the negative balance. Did someone at RH give him incorrect...
  17. Z

    Is there an ETF of a bread basket of Canadian stocks??

    re: EWC I guess it is age.:D It took me 2 seconds to get the answer.
  18. Z

    Will we go into recession in the next 3 years?

    It might be a hyper-inflationary depression.
  19. Z

    Rookie Trader Racked Up $700K In Debt

    d08 said: Everyone will suffer because of one, sorry to say this, idiot. Why? Words of compassion is not going to bring him back. His selfish act, assuming it was not a glitch in the Robin Hood platform, may likely affect thousands of people.
  20. Z

    Newbie question regarding warrants borrow fees

    nice try but you still didn't answer the question what is the borrow rate for aap etc.
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