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    what is the difference between buying silver bars vs silver ETF?

    So it's probably cheaper to buy ETF's right? Are commissions probably cheaper than whatever the bar dealers charge as a premium over spot? Plus you don't have to buy a safe or rent a safety deposit box. ETFs are certainly more convenient.
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    what is the difference between buying silver bars vs silver ETF?

    Sorry if this is the wrong forum. Is there a difference between them other than actually having silver bars?
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    Trading Chairs

    Some people say the Aeron sucks. I've seen quite a few Herman Miller Aeron review sites that say it's not as good as its popularity would lead you to believe. I see those chairs all over tv, though. They're on sitcoms, in commercials, etc.
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    covered call profit and loss question

    As of Sunday, my home screen shows both positions gone. My gain/loss report shows: SSO Cost: $3,654.18 Market value: $4,527 Gain/loss: $872.82 SSO 43 Oct 11 Cost: -$58.74 Market price: N/A Gain/loss: N/A Total unrealized gain/loss: $872.82 Obviously that isn't correct...
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    covered call profit and loss question

    So as of market close today I'm showing: SSO Average unit cost: $36.54 Market price: $45.27 Gain/loss: $872.82 SSO 43 Oct 11C Average unit cost: $0.5874 Market price: $2.30 Gain/loss: -$171.26 So do I subtract the option loss from the stock gain? That leaves me with $701.56...
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    where to learn basics of futures trading

    For all intents and purposes, futures are basically the same as stocks. Buy low, sell high. Differences: They expire every so often, depending on which futures contract you are talking, so they aren't necessarily good for "buy and forget" long-term holding (unless your broker automatically...
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    covered call profit and loss question

    Excited to see how this plays out tomorrow.
  8. I

    covered call profit and loss question

    Thanks to the few people who contributed to this thread and answered my questions.
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    covered call profit and loss question

    @kingofshorts - thanks, so I had it right all along, I just got confused cuz of the loss that was showing. @davyc - I understand about the winning stocks getting called away. I wouldn't write covered calls on a stock that I needed/wanted to turn into a big winner or homerun. I would only...
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    covered call profit and loss question

    Yeah, I'm a newbie to options. i thought this forum would be the right place to ask questions. I asked "what losing stocks" because the answer didn't match the context of what was asked. If the stock is at or over the strike price at expiry, there won't be any "losing stocks." Heck, if the...
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    covered call profit and loss question

    Here i'll just post the position info: I have 100 shares of SSO with an average cost of $36.54. My target profit is $43. The other day I sold an Oct 43 call for $58.74 after commissions. The thought was if it goes up to $43 I would sell it for $646, but why not get a little extra in...
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    covered call profit and loss question

    What losing stocks? I'm talking only about the one position for which I sold a covered call.
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    covered call profit and loss question

    I understand that. What I don't understand is how I'm going to lose money when the stock closes above the strike price on expiry day. If the stock closes above strike on expiry, my shares get called away and I get paid the strike price value. This is fine, as it will be like a 20% gain. Like...
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    covered call profit and loss question

    I'm already profitable in the trade. My position was already up around 10-15 percent when I sold the call. I know you have to purchase stock: I did a few weeks before I sold the call. That's why it was a covered call rather than a call. I know it's not an infinite free money strategy like the...
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    covered call profit and loss question

    I had been reading about options for a few months, and I tried to start small by selling one covered call. Can't get any smaller than that! I'm happy selling my shares at the strike price and assumed from everything I had read that even if price was above the strike price that I would get...
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    covered call profit and loss question

    Oh wait, is that covered call position just going to gradually reduce itself to $0 at which point my PnL will be: Cost: -$50 Market value: $0 PnL: $50 ? So as long as I don't close the position out before then I'm fine, right?
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    covered call profit and loss question

    I get that. So none of those PnL numbers matter if I'm not going to close the option position? It's just weird. This was my first time actually selling an option and all the stuff I'd read said the premium is yours to keep regardless, not "you get the premium but then your account value goes...
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    covered call profit and loss question

    So I sold my a covered call a few days ago and collected my premium. The call shows in "my positions" with a quantity of -1. The price of the underlying has risen, although it is still below the strike price. The option has gone up in value and is showing as a loss on my daily PnL. My...
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    Are We About To Take The "big Dump"?

    I thought VIX was a measure of volatility, not direction.
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    Are We About To Take The "big Dump"?

    Does VIX going up typically correlate with S&P going down? I don't know anything about VIX.
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