Search results

yes correct

?

The position is down -70 points on the ES. If I close ES and keep put open it would be an L of 70 pts / $4.5k and mkt dir is unknown as of now.But per understanding max L is 21 pts with the put in place and the ES contract open. Maybe better to buy / sell another Opt on this rather than close...

As per mi understanding, if I close the long ES now it will be 27 pts of L. but if it is ITM on Aug 30 the L is only 21 pts (given I sold a call earlier and made 5 pts). So would it be better hold the ES and make as much of the put premium as possible with other trades around this ES that is open.

Looking to keep capital on this trade on the market rather than new trading ideas or such stuff. need some ideas asap bcoz of the put that is there on this.

Thank you TomMcGinnis ! The put price is the max L as per ma mi understanding. i.e. 21 bux as of now. Could you please let me know if that is accurate ? Not clear on why max L is between 2935 and 2936 ? Also, does ES have delta also ? The Delta on the put is -0.914 And Thank you for the...

Hi guys, What is the best approach with this trade below ? The put is now about 21 points buy price as I had sold some call earlier and made about 5 points on it. Also, is this assumption accurate that if the put is ITM on Aug 30 then it will be exercised by the brpker and this means the max L...

Thank you Scataphagos. The estimate would be based on the actual P/L or is it estimated tax on estimated P/L ?

Hi guys, If one makes a profit in day trading - when to pay the tax - is it when filing taxes or at other schedule such as every month or week or something like that ? Also, do you go to an accountant do it or on your own you do ?

Thank you for the reply def. If I choose not to convert but hold an overnight position, I would pay interest as per my understanding per day on one ES contract margin - how much would it be ? Is it about 80 cents ? Also, the reason I do not want to convert is because if I do then I would need...

Thank you Hobbytrading for the link and details. have a couple of questions based on this. 1. which button would I click in the screen shot in the first message on this thread ? 2. is the interest only on the margin required for example for ~ 7 - 10k for ES or is it on the full value of the...

Thank you Hobby Trading ! What is the interest rate that IB would charge for the USD position ? I guess most prefer not to do a USD/OTH CURRENCY Fx trade in order to buy USD market entities given they would need to again look how that currency pair is doing !! One would rather concentrate on...

Thank you nooby_mcnoob. Is there a way to convert once to USD and then keep it in that currency in the trading account even so it does not convert for every trade ? What is a better approach ? to convert for every trade or to leave the currency risk on the account and trade in USD itself for...

Hi guys, Do IB do the currency conversion at market price when the deposit is other than USD and the traded product is ES or other US market product? I think this would mean that the currency trade will also be part of the total P/L is that correct ? I was not aware of that ! I thought...

Do they do the currency conversion at market price? I think this would mean that the currency trade will also be part of the total P/L is that correct ? I was not aware of that ! I thought since it is not an actual fx trade, they would simply apply same conversion rate on both directions of...

Could I choose this ?

Hi guys, I got this message on the IB TWS. Do you happen to know what option I should choose ? - (to be considered) I have not opened a Fxtrade. This is for a US market position that I have opened Thank you

Hi guys, Is it possible to close an Opt position based on underlying stock price and P/L by using an automatic order (Like a TP order) if the 2 positions were not created using a single order ? Thank you

One could still learn and be curious about this ?

Hi guys, Do you trade using a Trust or an LLC ? Which is preferable from the standpoint of 1. Tax and 2. Income Distribution ? Thank you