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1. Yes, although depending on your filing status it may be limited 2. This is being short dividends or similar. Probably it should be capitalized into the trade it originated from (possibly depending on holding period), although otherwise it may be deductible depending on your status. 3. No...

Interactive Brokers is good for this when the market is holding up. But they increased margin requirements by 2-3x during the 2020 crash so plan accordingly for your drawdowns. most other brokers don’t give much in the way of decent margin on preferred stocks.

Morningstar used to do total return comparisons for mutual funds, including dividend reinvestment. If you used a mutual fund as the primary ticker for the chart, you could compare it to stocks, ETFs, etc, and get similar total return charts even if they wouldn’t have included dividends for...

https://infomemo.theocc.com/infomemos?number=50381

Isn’t it only $2k/month now?

These usually come with a 5-10% sales commission. They are sold, not bought, and suck about as much as you expect.

I’ve noticed if you have lots of charts open (30+), the TWS itself is less responsive for entering orders, etc. I have two accounts and run one TWS instance (offline) that drives most of the charts and a second instance that I use for entering orders. It works pretty well. The charts...

thanks for the info. Two more thoughts 1. If API page always uses the Default page layout, maybe you can change that one’s settings (even if you customize other pages’ layouts different)? Maybe then it’ll use the one you want. 2. on the Portfolio page, another special page, there’s a...

I do use the API but I don’t really look at the API orders page and monitor my trading via alerts from my trading algo directly. That said, you might try either 1. creating a page named API and setting the layout the way you want it and seeing if that helps, or 2. Creating a page with all...

Of course you can game this type of thing in theory by borrowing at some huge LTV with respect to your assets and YOLO’ing it on GME weekly calls or something and going bust by a lot if it doesn’t work out. More practically, it depends on your returns and your consistency of course, as well as...

I seem to remember IB has a hard max of 500,000 shares per order. More recently, they have dumb “liquidity / market impact” based maximums which vary based on recent trading volume, what type of order you’re trying to place, and I’m sure more stuff they didn’t bother to tell us. The latter can...

CBOE halted it tonight, no more trading.

RSX seems like the obvious one, which way is less clear but I’d be betting short this weekend.

Your broker eventually loses the borrow for the UVXY shares and buys you in involuntarily and hands you a big tax bill unexpectedly. There are worse problems to have I suppose, but yes, you can delay taxes until you close the position.

You need an entity and then you can. https://greentradertax.com/trader-tax-center/trader-tax-status/employee-benefit-plans/

There’s no trade through protection / NMS for otc markets. Sounds like you’re using IB - their otc quote data can be odd, sometimes showing worse BBO than the actual which can result in unexpectedly better fills if you try to cross the spread and hit a better quote in the middle they weren’t...

It wouldn’t be a penalty if you paid estimated taxes for Q4 since the income wasn’t realized until Q4. if you’re making millions in profits on the trade, maybe you have to watch out for the proposed 2022 $10M+ surcharge bracket for an extra 5% tax rate. If you’re under that, it would only be...

No guarantee of a US otc market going forward post delisting. I’d just sell now and let it be someone else’s problem. Possibly you might be able, with a lot of hassle and possibly expense, to convert the ADR into something that might eventually trade in Hong Kong. If you don’t do that, it’ll...

KBIO was halted after the ceo was arrested. I got charged 150% interest on the prior close $20 price for over a month. Even when it fell to a few bucks when it resumed, it was still a big loss.

They’re taxed by the place where your trading entity sits while you’re in Portugal. Malta based maybe and pays your dividends from there, which don’t get taxed by either place? But this is mostly for non-US persons, not US ones. For the US, maybe move to PR?