Search results

Hi guys, I want to ask if same person can be both Trustee and Beneficiary of a Discretionary Trust if it has one more beneficiary that is an LLC the owner / Director of which is the first beneficiary of this Trust ? Thank you

Thank you for the answer on this Tiddlywinks ! Do I still need to do this if I do not want to do a TTS but simply go for the tax status of any regular LLC ? Also, who is the director of your LLC ? I presume you are correct ?

Hi guys, This question is from perspective of a FT trader and Taxes and accounting and Mortgage etc. In general, the advice given to those who want to FT trading in order get Mortgage and other financial services, home for lease etc. is to pay yourself a Sal from a company that you start. Then...

Thank you @Robert Morse Would that mean I could check with the FCM how they determine marks ?

Hi Robert, Suppose we have a short position on an ES option, does the Mid-point of NBBO mean that if the best Ask is very high (perhaps outside the regular trading hours) - then this could result in a big change to the position value and create a spike in Margin requirements, even if there was...

Hi guys, Please let me know on the above question.

Thank you for the replies guys. Adding 2 more risks below: 5. Options can spike or gap in a big range during outside the regular trading and cause assignment or exercise and margin related ,and then trade at regular price in the next trading session. (Please correct if this is wrong) 6. Check...

Thank you for the replies guys. I guess that would mean the numbers I gave in the initial post are indeed gaps or spikes !! This means that having a short position opts far out of money like maybe 150 points out on Es may still become itm in after hours trading is that correct ?

Hi guys, How big are the gaps and spikes in the after hours trading ? If we have an overnight position open in either Opts or Futs, then how big can the spike be ? I was looking at the paper account where I opened a few Opts and Futs positions and sometimes the position would show for...

Hi guys, I am looking to know what are the risks involved in trading options as I have understood a few of those here on this forum. Request the Opts experts and others to please help make a list of risks that are involved in option trading based on their learning and expertise. This is mainly...

Why is it only for equities and not for Futs and others

Hi Guys, I am looking to learn the intricacies of Opts trading and this thread certainly gives one of those. Could you please tell me as a newbie what is the principal amount on which the 190% or the 386% borrowing fee is calculated ? Is it the value of the Stock that resulted from assignment...

Hi guys, Is there something such as a covered put similar to a covered call ? And is there a difference between a covered opt position (call or put) on stock and one on a Fut contract as ? Thank you

Hi guys Is this scenario possible in covered calls ?

Thank you bln, good point.

Thank you for the reply OptsOptsOpts If the opt is a put to hedge for a long underlying, is it still better to sell the put (and the underlying) or is it better to exercise to close the long underlying along with the opt?

Hi Guys, Is it possible to know when ES Futs could make a big move like maybe more than 50 - 60 points in a day or more than 100 points in a week perhaps ? The idea is to avoid making a trading around this. So if there is a way to know when ES could possibly make a big move (not 100% of the...

Hi guys, What is the process of exercising an ITM option ? The reason I am asking is that from what I have read and also an exercise request that I tried to put on the IB TWS platform (paper account), it appears that exercise is not similar to other regular orders such as buy or sell order i.e...

Hi guys, Which is your favorite Futures contract to trade and why ?

Hi Tommcginnis, yes I was asking about the dollar amount.