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You've asked a lot of different questions. This will take some time. If the short call is exercised (which in this context means the same thing as "assigned") then you have to sell the stock. If you don't own the stock, the broker will lend it to you. You will be charged interest on the present...

Shoptions wrote: If I can't afford to pay for the 100 x shares does the buyer still receive the 100 shares? Yes. The buyer is protected. A party holding a call option has a contractual right to buy the stock at the strike price, and that party's rights are guaranteed by the system, through...

smallfil wrote: How will they make you pay? They will probably, sue and attach whatever assets you have to recoup the difference. Okay, the original post identified the account using the GBP symbol, and I have absolutely no knowledge of how these things work in the UK. But here in the US, what...

Did you sell a naked call, or is it part of a spread? And the second part of the question is: If it is part of a spread, and you get assigned on your short call, you need to tell us whether the long leg of the spread is also in the money, because that can make a big difference in what happens...

There was a guy who misunderstood his RobinHood account balance, and he committed suicide. You can read about it here: https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-dies-by-suicide-after-seeing-a-730000-negative-balance/#53b0b0141638 It was not a stock...

Looking at the time stamps in this thread, it appears that TradeTune and I were typing at the same time. He was editing his original post at the same time that I was writing my response. I could not see the changes he was making, and he was not aware that someone had responded, because my...

TradeTune wrote: Is it Three or Four "each side" trade or "round trade" a week? According to the FINRA rules, which I cited in my previous answer, a "day trade" occurs when a margin customer "buys then sells or sells short then buys the same security on the same day four or more times in five...

If you have 25K+ with a broker , Do you have to be Margin account or cash account? The broker will not require you to have a margin account. But if you choose to have a cash account, it will severely limit what you can do. With a cash account, you can only place orders with settled funds. So...

Sweet. I'll have to spend some time exploring that site BMK

Okay, so I found this: https://www.marketwatch.com/tools/markets/exchange-traded-notes And it is an interesting list, but many of the notes do not appear to be traded on US exchanges. And those that are... well, this stuff seems like the wild west. They are unsecured debt securities, backed not...

Bonds are definitely more exciting than a savings account right now LOL

Or you can put money in a corporate bond fund, or a corporate bond ETF. But those have a different type of risk. Take a look at SPIB. It's a SPDR ETF that holds intermediate term corporate bonds. Pays monthly distributions, currently around six cents per share, which works out be around 2.00%...

Can anyone suggest a source for searching for, and screening or filtering, exchange traded notes? I'd like to study these things and learn more about them (e.g., read the prospectus from the issuer), but I don't know how to find what is currently out there. I am in the US and my account is...

At the moment, I can't really address most of your questions. But I will offer this opinion: Find another broker. Most brokers that will accept smaller accounts like yours offer free stock trades, and most brokers do not offer free option trades. And you get what you pay for. If you aren't...

Can anyone suggest a source for searching for, and screening or filtering, exchange traded notes? I'd like to study these things and learn more about them (e.g., read the prospectus from the issuer), but I don't know how to find what is currently out there. I am in the US and my account is...

Roughly how much money are you talking about? Corporate bonds have a face value of $1,000 each. But often sellers will only sell in minimum lots of $5,000 or $10,000. Available inventory varies wildly from day to day. The corporate bond market has been turned upside down by the coronavirus. Even...

The synthetic positions actually follow the basic rules of algebra. The core equation is C - P = S. (long call and short put is equivalent to long stock) Everything else can be deduced from this using simple algebraic operations. For example: Add P to both sides of the equation, and you get...

The short answer is that in most cases, when you have multiple accounts in the same name, regardless of whether they are at the same broker or different brokers, the limit is applicable to the total combined balance of all accounts. You do not get $500K protection for each account. However, if...

CME has options on gold: https://www.cmegroup.com/trading/metals/precious/gold_quotes_globex_options.html?optionProductId=192#optionProductId=192&strikeRange=Active The underlying for each option contract is 100 ounces of gold. Not all brokers provide access to these products. You may need an...

I looked at that web page, and I could not find any reference to "infinite loss." Even if it says that somewhere, it's not accurate. When you buy stock and sell a call, your potential loss is finite. The maximum loss occurs if the stock drops to zero. You lose what you paid for the stock, minus...