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    urgent - What am I missing on this spread??

    I should have been quicker. Both bids on put/calls have stepped down a penny but the $1.00 call ask stayed same. Now the total net capture is 52 cents.
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    urgent - What am I missing on this spread??

    Underlying = YRCW pending meeting that could see massive dilution on 9/16. Real time live quotes for October 2011 options .50 strike Calls bid = .21 .50 strike Puts bid = .39 $1.00 strike Calls ask = .06 You sell both the put & call .50 strikes and also buy the $1.00 call for a...
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    How do I start a business managing people's money?

    OK lets say its not family. Im actually asking this -- would this be an easier and much cheaper path to go? Set up an LLC or C corp as a financial consulting business and also to protect yourself. Then do the authorization to trade paperwork, but under the corp name. Or because you are...
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    Commissions/Exercising ITM option

    This has never happened to me before. If you are long a decent amount of stock (which is underwater) and also put options for that stock which are in the money, what is the cheapest way to get out? In other words say today was expiration day, can I avoid having to make two separate trades which...
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    Need input with a collar/spread position

    I kind of was realizing that after I typed the thread; vertical; meaning there is nothing I can do now really other than watch the direction of the stock price. At least my loss is capped at .20. What is surprising though is that the loss on my stock position and the gain on the two option...
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    Need input with a collar/spread position

    I am long 7000 shares of Eastman Kodak stock I am short 70 call contracts $4 strike July expiration I am long 70 put contracts $3.50 strike July expiration The position above cost me a total net debit of $3.70 Yesterday Eastman Kodak stock was basically pinned in a tight trading range of...
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    total nyse imbalances

    http://www.nyxdata.com/Data-Products/NYSE-Order-Imbalance-FTP
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    Need opinions on virus/trojan attack last night

    Thanks everyone for all of your great input and ideas. I greatly appreciate you taking time out to post in the thread
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    Need opinions on virus/trojan attack last night

    I appreciate your input. Thanks! I actually have a spare wired router sitting around right now. I will definitley do this later today.
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    Need opinions on virus/trojan attack last night

    Thanks so much for the info. I bet that is it. I believe the Java is definitley outdated on that laptop.
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    Need opinions on virus/trojan attack last night

    Thanks tlow for taking time to post in this thread and for your input. I have never seen anything like this. I will definitely not reconnect the attacked laptop until its totally wiped & reformatted. Do you think I should be worried about changing my ISP address in a case like this...
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    Need opinions on virus/trojan attack last night

    Live and learn. I have a small network comprised of a wireless modem/router combo device. Plugged in are a Mac, a laptop, and a Sony for my trading. Only the Mac was turned on during this attack. Last night my girlfriend plugged in her PC laptop for some legit research. She had a facebook...
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    Interest of Bonds?

    Marvelous 5 star thread in the making here. Brightened my day for sure. A few random thoughts. There is no correlation between the length of redemption period of a bond and how "senior" it is. You could have a bond expiring in a few years and it could very well be tops in the pecking...
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    The tech bubble of the 90's

    JNPR was a great one. I recall the day its IPO hit the secondary market. Traded in the $90's. From there went on a rampage. In Jan 2000 split 3:1 and then in June 2000 split yet again 2:1 Even if you were not a trader, this is the essence of what made the 90's such a once in a lifetime...
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    Is BBI the next SIRI?

    Who knows..... That comment was pure speculation on my part. But I don't think anyone could argue when you have someone asking for 95% of your equity and than not take a counter offer, that would be hard ball. At this point, all this filing is, is a plan. It will now have to go through the...
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    Is BBI the next SIRI?

    All shareholders & subordinated 2012 debt holders will be left with nothing. Absolutely amazing. This is the first time I have seen debt holders wiped out like this. Even the six flags bonds recooped. I believe that Keyes stopped talking with the 2012's months ago. At that time, they ran...
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    Is BBI the next SIRI?

    There was never any teaming up with the 2012's & Icahn. Icahn & the 2014's wanted to leave the 2012 holders with a complete loss. The whole play here was that they would do a pre-pack in which we would be involved in the new allocation of equity of the new company. Ideally the prepack is...
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    Is BBI the next SIRI?

    IN a word, we are screwed. NO white nights coming for sure. And its being reported now on several newswires that Carl Icahn has taken a 1/3rd position in the senior 2014 float. And the goal is to wipe out all the debt. The 2014's will be forced to take equity/stock. The 2012's will be wiped out...
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    Is BBI the next SIRI?

    And one other thing. This would be the most complicated prepack or Chapter 11 filing you will ever see. Remember, all of their canadian assets are gone as they are presently being utilized as collateral for the new recent studio deals. Plus a BK filing could potentially jeopardize all of...
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    Is BBI the next SIRI?

    I actually added some more since they are now trading flat, its just too cheap of a price to pass up. The collapse of the stock price on Friday, while the bonds stayed firm at 8.00 was very interesting. This brings back memories when I chickened out on my Six Flag bonds. They traded down to...
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