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5000 dollars to be invited to something so I can pay 1500 for something so I can look like a total douchebag and get shunned from public places (and or punched in the face) No thanks.

they seem to have little volume and little Open Interest? Yesterday because of the big VIX jump I sold 11 of the March 31 2014 puts. For SPY ETF I sold them for 12.20-12.70 and the last price listed as a trade are the ones I sold. Open interest shows only 38 which seems real small. Only 38...

Need to lower your tax bracket, he will lose money for you and charge you a small performance fee for it. :) http://www.bloomberg.com/news/2013-04-11/john-paulson-to-start-fund-to-reduce-clients-tax-bills.html “He seems to be more focused on avoiding income taxes than on generating...

I never had to pay such a high percentage in my life but now trading income has gotten to a point that it is impacting things and I had to even write a 19K check to the IRS. (in addition to quarterly payments) total about 106K for 2013 Is there a way to cut this? how do rich people do this? I...

If the mortgage facevalue can be modified if someone declares BK wont that drop the amout of financing for new homes and probably increase interest rates to make up for this new risk?

What amazes me is how they could be in such a situation. Now what if they survive? Will they be a better company? They have a nice patent portfolio, nice R&D and infrastructure business etc.. and I figured the financial side is an asset they are more old school compared to the newer financial...

I am still learning, but not familiar with that term. I created the position with the thought GE will go further down due to the bearish sentiment on GE I can close out my call position and keep the put in place then sell the long put. Both the long Put and the short call are profitable. I...

I felt a bit bearish on opening :) I saw a pretty wide hole between the call short and the long put of 7.50 Right now my long put and my short call are profitable. GE did hit down hard today so it was nice to have the call and put in place. Lots of bearish news, the GE CDS spreads...

I did something a bit different today plans changed :) Both are strike 7.50 options I bought 24 contracts (puts) GEWOU for 67 cents I wrote 24 contracts (calls) GEWCU 1.31 It has 19 days remaining. No earnings report till April so there is none of that in the way. Not sure if...

Oh what I meant was selling puts if I got assigned. But this market is definitely rocky it almost seems like it wants to give up all the gains since 94 in general. So many people with 401Ks getting hit hard etc.. But I will be looking at that option as well lots of decisions :)

If the FED is injecting trillions into banks etc.. how come the money is not appearing on the streets as circulating money? Where does all the money disappear?

Thanks for your insight guys. I know GE could keep sliding to 0 or down to 3 etc.. But I entered a position knowing this is a possibility. Hey shit happens :) But its only money. Anyhow What I wanted to do is basically a covered call but not cap a potential upside potential. (ie GE reports...

Is this possible? I have GE stock in my portfolio I bought for 15 dollars but I want to hold for long term but hedge some I have 2400 shares can I write a covered call 24 contracts of GE for april at a strike price of 8 dollars which means I collect 1.70 per share Then buy 24...

I decided to buy 2000 shares of GE at 14.85. I figure with the dividend yield it should be a good stock if plan on holding 10 years and reinvesting the dividends. I was looking at PG also but the PE seems so high compared to the market in general.

I sold call options friday in my cash long term etrade portfolio, can I use the premium proceeds monday to buy stock or do I have to wait till tuesday?

I bet ETFC will go up monday. about 1-2% or more.

Paulson bailout. #1 increase the line of credit #2 take an equity stake. IF you shorted and did not cover friday, it could be a real painful monday. Rule #1 for shorts, cover all positions at the end of the day or a nasty surprise could wait.

No different than the late 70s. People will move on, in 1-2 years all this will be past history. Americans are such whiners, they need to stop crying and grow a backbone.

With a global economy there is too much covariance between us and Asia. If we do bad, so will China since we are their #1 customer. Why I never thought that Asian funds were a good hedge against bad US economy.

What exactly happens if a lets say etrade (where I am doing my regular trading) goes under and I have 1000 shares that I bought that morning? I did not use margin so they did no loan out my stocks but I do have a margin account. I heard that SIPC will not protect you if your stocks are loaned...