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    Newbie trader needs info

    Ok let me help you with an example in canadian tax system, you can find this easily on the internet as well: 1 - You buy 100 shares of stock XYZ at 10, for $1000 + comission (discount brokers usually $5) 2 - Stock goes up to $20, you decide to sell. you get 100 x 20 = $2000 - comission...
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    I wrote 15 cash secured puts on GE (strike 13 feb)

    well, if you have unlimited supply of money, you can always roll your puts no matter how low GE goes... otherwise say hi to your margin calls :D
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    Where to find edge in option trading ?

    and that's the beauty of it :) but at the same time it's easier to the market give you a checkmate with options, so it's a treacherous game, with leverage being your silent killer attacking you when you least expect... so play small :D
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    Tax Free Savings Account

    no (its a cash account, no margin), but you can buy puts :)
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    Options on ETF

    why you just don't sell a naked put then?
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    DAT For Canadians - Is there such a things as A good Firm In Canada

    they've been saying that it will come out "within a few months" for a while already... the truth is, nobody knows, and now with the acquisition by TD, there's less chance of happening...
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    DAT For Canadians - Is there such a things as A good Firm In Canada

    We had thinkorswim.ca, but now the future is uncertain. THe only remaining choice is IB
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    Thor Time To Get Long

    p/e 91? in a bear market? crazy...
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    5k to 25k in 100 trading days.

    just a friendly advice, if you have no experience, you will most likely blow up. Why you don't try to turn $500 into $1000 first? It is as hard as your main goal, and if you fail, you only lose 10% of your capital (sou you can try it another 9 times!). Cheers
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    Tax Free Savings Account

    no futures on tfsa, it will behave the same way as rrsp. you can trade options (buy puts / calls, sell covered calls) and stock, and that's it. in US the equivalent is the Roth IRA I think, except that in the TFSA u can take the money out anytime u want.
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    How do holds work when selling naked options?

    You can try selling naked options. The thing that mainly kills on this type of business is over leverage. You assume that after a few tries, you will win all the time, and start to play bigger than you are supposed to. For example, let's say you have $10k on your account today, and your...
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    Question about puts

    1 - you can chart option contracts, try thinkorswim platform for that 2 - volatility plays a big role in out of the money close to expiration options. look at vix today, dropped like 5%, the volatility on your options certainly dropped as well, causing them to lose value if the price movement...
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    % Change

    Hi All, Is there any tool that can analyze a stock, month by month, and tell how much the price changed during each month (+10%, -15%, etc)?
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    $2,500 to $1M in 180 days

    good luck... you'll need it :)
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    best way to backtest option strategies?

    yes, although not automated, thinkback is the easiest way to do it. Make sure you doublecheck the results as sometimes it fails to load correctly (at least that happened twice with me).
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    Beginner with lots of time on her hands

    shortcut: keep your money away from the market, unless you know what you are doing...
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    I made a killing today!!

    he must be joking, or he got a hell out of money to cover for it :)
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    Sell Puts

    sell puts on a stock you want to own... if you don't want to own the stock, you need some kind of leverage if it goes wrong. what you can do is buy puts below the strike price of the ones you sold, limiting your risk. IE, if you write intc DEC 15 puts, you can buy DEC 10 puts. If intel goes to...
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    I made a killing today!!

    uh, to cover 100 calls you need 10000 shares, not 100... you know that, right?
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    Besides Volkswagen, have you ever seen a successful corner of the market??

    coca cola seems to be up when everything is down... but volkswagen is insane....
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