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They have a promotion for a $200,000k deposit, which sounds like free (appx) 2% money (annualized) to me. Anyone do this promotion? Caveats?

they were used as a hedge on a short position of UVXY, which I have not closed?

I'm running about a half a million in a taxable account in California, mostly selling short-term option premium, about half of which is Sec. 1256, the rest equity. I fear my tax bill? Anything I can do? Or just suck it up and try to get more Sec. 1256?

Trying to judge by return on a Yen option position, and I've always wondered if I should use initial margin, or cheat a little, by using maintenance margin. Or just accept that my return on margin will change after day one?

Cheaper than Palm Desert, CA for home buying. Looking in Catalina Hills or Oro Valley. Thoughts?

Cool. Will do the rechecks. Tks.

Yes, talking about ES options. So, why would anyone, given the margin differences, trade SPX options, especially naked, rather than ES options, not to mention the after-hours benefit.

Ok, I write a SPX OTM call, 4150, expiring at the end of February, and my portfolio margin says it will require close to $40k, which seems high. I write an ES Feb. 26 4150 call, collect the same $1 or so in premium as I would have in the SPX trade, and my SPAN margin hit is only about $8k. I...

Meh

Wife wants to move there instead of Palm Springs.

Didn’t think TA was useful for UVXY since price is not determined by buy or sell orders.

Worth $25 a month? Was thinking about a free trial but if it is little different than iVolatility's scanner, should I bother?

It will go up (temporarily, albeit it might be a long wait, and I also might get called, especially at IB) but only to where I place the OTM calls, right? I could roll up further at that point or just wait for the vol up spike to spike down. This isn't necessarily a profit-making trade, it's a...

Your guess is as good as mine. Oct 87? One day VIX jump to 240? Or something with less altitude.

Anyone have any? Instrument? Underlying? OTM distance? Time? Size?

Sorry, no I do not short "the market". I short the UVXY ETF. Pretty much the exact opposite of shorting the market.

Long UVXY? Not my jam.

Ok, so you are in the short and hold category. Fair enough. Any others out there, especially if you buy back at certain times?

Ok, first off I know there are a lot of haters for this trade, but I reallly don’t need to hear from them. I’m short about 20% of my account, most of the rest in cash with some far OTM long calls as a black swan hedge. Some short vol proponents might say that’s all I need to do — hold and ride...

Selling far OTM SPX calls with portfolio margin offer any advantages to selling far ES OTM calls (with SPAN)?