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Everytime I study this I come to the conclusion it's better to buy the stock on margin than to buy a ditm option as a proxy. The big reason is that option premiums aren't marginable under reg-t so for the same delta risk you tie up more capital. And then you have bid offer issues and have to...

It's pretty clear that the Republican Party is more concerned with having a republican registered president than national security or even their core values.

You don't know what their agreed services were.

And what will pay for all those social services and Air Force bombers?

If anything fewer market makers might increase the opportunity for supply demand imbalances.

That's the point. The decision to take out or reinvest in the business is not affected by tax rates. It is affected by tax incentives (like section 179).

In normal scenarios, that decision is typically made independent of taxes.

As a retail trader, you should look at your returns and asset base in totality. You should obviously break out your returns by asset class or strategy. But it's disingenuous to yourself to say I returned 100percent when you are sitting on a ton of cash in a checking account as a hedge.