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The lawsuit alleges that he attempted to contact RH customer service more than once before taking his life. There was no phone support. According to an article in Forbes, RH says that they have added phone support for some customers, but it is still not available to all accountholders. The...

It's been several years since I have opened an options trading account, but I don't remember ever having to take a test. I only had to answer a few questions about how many years of investing experience I had, and a few questions about risk levels. There was no testing of options terminology or...

At that time, RH did not have phone customer service This type of case in the USA is not decided by a judge. A judge will rule on various motions early in the process. A judge can dismiss the case if it does not meet a certain basic threshold of evidence. But if the case gets past that point...

If you place a limit order to buy one call option, and you get filled at a price of $1.00, that means you are paying $100.00. The quoted price of the option is per share, and the option is associated with 100 shares of stock. So if you buy a call option for $1.00, and then you sell it for...

@DevBru is correct that in most cases, if a person is not a US citizen or resident alien, and they are making money through a US business entity, then they will not have to pay income tax to the US and to their country of residence. It is correct that most European countries have a tax treaty...

Exit and exercise are two different words and they have two different meanings. BMK

Even before the pandemic, tax and accounting services have been moving online. As long as you use a qualified tax professional who is licensed to practice in the USA, it doesn't matter where they are... unless it is important to you to be able to meet face-to-face in New York City. Good luck...

Was he banned from Reddit and YouTube?? BMK

That is certainly one way of looking at it. The other way to see it is that it is synthetic long stock with a collar.

I've never heard that term before LOL Google says it is a reference to a Rodney Dangerfield film...

Is there a name for this type of spread? QQQ Bought 1 Feb 05 326 Call at 5.59 Sold 1 Feb 05 326 Put at 6.02 Sold 1 Feb 05 328 Call at 4.51 Bought 1 Feb 05 324 Put at 5.21 I entered this position on Jan. 22, for a net debit of .27, when the stock was trading around 326.15. I exited the...

We don't trade futures. But we often trade $DIA, the ETF that tracks the DJIA, and often trade options on $DIA. BMK

You may be right. There was a massive spike in volume yesterday. Do you think all CEFs are nut jobs? Or only those that trade at a significant premium over a sustained period of time? Or just this particular CEF? BMK

Almost of the symbols on that spreadsheet appear to be available for trading in my account at Schwab. BMK

Can you give a couple examples of the stock symbols you are talking about?

CRF is technically not an ETF. It is an actively managed closed-end fund. But it is an exchange-traded product... Anyone want to speculate as to why it tanked almost 12% earlier today? As I write this, it is down about 6% from yesterday's close. The fund has a large stake in AMZN, but I don't...

"Past performance is no guarantee of future results."

I am a tax professional. Trading and the MTM is not my area of specialization, but I know that the MTM election is and how it works. You are correct that filing a paper return by mail is a bad idea. Due to COVID-19, the IRS is not processing mail in an efficient manner. The information you are...

So are you saying we should all short the bolivar? BMK

With respect to your home office, if you own the home, then it is the applicable percentage of the mortgage interest. And you get to deduct a percentage of your utilities, such as gas, water, electric and internet access. You can take a deduction for depreciation for a portion of the cost of the...