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Well I was giving a worst case scenario buying at aths lol. I am typically a bottom dweller so usually do not need a bunch of averaging down before the bottom is in.

I swear shorts have got to be some of the dumbest traders out there. They talk the most even though they don't make any f****** money. Why short it and take unlimited risk? SPY could gap up and NEVER return to your price ..it ALWAYS returns to aths. It's the long bias effect.

Sure, if you are just going to sit there and wait, then you would have only made $1617 if you bought at the worst time in 2022...however if you used the time to average down...:) example. If you bought spy at the worst time in 2022, and averaged down during the decline: 100 479 47900 100 427...

I know...when I had an alert about 52 week high for bitcoin I was like darn I totally forgot to load up the dogecoin lotto...then I checked dogecoin and its totally lagging. The last time bitcoin hit this price dogecoin was at .18. I'm in for 100k doge on margin...costing about let me...

You're welcome.

Yeah but that's all useless noise. I have been right about bitcoin price movement every time. I was charting the recent move to 40k since last summer...I bought leaps precisely for it. :)

This entire thread is nonsense. EW has been telling you guys where price was going to be since the ATH's. All the indicators, MA's, cyphers etc (cyphers can work), support/resistance lol...allow me to simplify for you all.

Looks like a huge C&H forming so that would bring us up to about 60k, then the ABC handle down to about 40K and off to ATH's.

Does this only follow bitcoin with an EM pump or what?

We still have a bit of a loophole. :) USA A wash sale is when an investor sells a security in their portfolio and, within 30 days, buys a new or substantially identical version of the same stock. This method is employed as a means of lowering the investor's taxable income. Canada Superficial...

I just tried and it won't put any trade or preview through because I don't have the minimum $2500 cash required to be on margin. I opened up the paper trading account but nowhere to place a trade to test it...will have to add more funds.

Yeah I specified CSP to the agent and that's what he came back with. On TOS they don't even allow cash secured puts on certain stocks ie like MARA...apparently on IBKR there are no such restrictions according to the agent..so just trying to figure out the margin rates for MARA for example. Like...

I was just pointing out that you were getting the weighted average cost when the tax will be based on the fifo transactions.

From their website for naked puts: 100%* option market value + maximum (((Percentage based on underlying statutory margin requirement* (underlying market value) - out of the money amount), 10%* strike price, $250* number of contracts). Short sale proceeds are applied to cash. Underlying...

In your scenario you bought 50 shares @ $25 = $1250 Then bought 1000 shares @ $5 = 5000 Total: $6250 You sold 50 shares @ $6 = $300 You sold 1000 shares @ $6 = $6000 Total: $6300 Profit: $50 You will pay tax on $50

You have to consider your FIFO cost, not your weighted cost. Buy 100 shares at $10 Buy 100 shares at $5 Weighted cost = 200 shares at 7.50 However if you sell 100 shares, you now have 100 shares at a cost of $5. If you sold 101 shares, you now have 99 shares at a cost of $5. These are the...

All you need to know how corrupt the system is is when AIG received their bail out money their first instinct was to hand out bonuses. https://www.nytimes.com/2009/03/15/business/15AIG.html We are all living in a feudal society.

Question. If you short 100 ABC stock you can buy to close the position by buying 100 shares. If you also sold an ABC put and it expires itm then you have to buy (assigned) 100 shares. Does this also simultaneously close your ABC short in the same transaction?

Yes I should have elaborated that I'm looking for a list of derivatives of indexes that have daily expiry's.

I want to get assigned.