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For a change, have been doing IC's on RUT the past few months. Vols and swings much greater than what I am used to on SPX. Getting same credits, but further OOM than w/SPX. But the swings (beta) vs. SPX makes me plan to stick mostly w/SPX going forward. RUT doesn't correlate well to the...

GEEEZ....... :p

Are you saying that if cash secured puts or credit spreads are sold inside an IRA, that the IRA owner will get a 1099 at year end? Or are you referring to income being subject to taxes if withdrawn after age 59 1/2? I wouldn't think the rules are any different for equities or futures traded...

Very Well Put - I'm gonna let you write my next screenplay.

Really... I'm not a Bright user but I like Don and his helpful (being PC is not necessary) postings. Bothered me too that this guy comes out of nowhere to "diss" him. Why answer him? Ignore might be best. Have a Good Holiday

Great Job! :p

riskarb, Can you tell us who you use and why?

Hooters has better food, IMHO. I'll be there.

Unbelieveable. The securities license truly is a license to be sued. It would be nice if investors took more responsibility for their actions. Obviously the settlement was not worth MS making a fight over it.

Sounds like she's hoping to hit another home run. Things must be slow on the lecture circuit lately.

Haven't watched it in a long time, but had to turn it on after seeing this thread. GEEZ..... Can't believe Suzy is still there. I just can't wait for her next book...:D

Excellent Post!!! Classic...

Damn. I was hoping for some free money today. Will let you know if I find any. :(

Thanks Guy

Foible, can you explain how credits work?

Interesting strategy. Let us know how it goes please.

Good job. Glad you got more responses. Was guessing many who kept their Series 7 were stuck at Schwab, Scottrade or CNL. I'll be there.

Don, Thank you for the response. Interesting strategy. I've read enough of your thread (sorry if I haven't yet read all of the thread vhehn:p) to see that you really are a gentleman. Thanks again.

It seems as though traders at Bright are taught to place orders at the open with the idea that they get in at a certain price and soon after get out. Do most Bright traders trade throughout the day or is the open the primary trading period? At the prop firm I trained at we were told to stay...