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Ok, I understand the IRS has ruled that you cannot take losses and immediately buy the same instrument in an IRA. if you do you lose the loss in the taxable account. You have to wait 30 days. (If I'm wrong, let me know.) That said: What if I take a loss in my taxable account and immediately...

I'm short 1.41 put and long 1.38 put. I figure I am out 3 cents. What does translate to in USD at expiration, and closing under 1.38? Three X 1,250? Having a brain fart moment here. Apologies.

Yeah, it's still a drag trading options on futures as you really are limited to maybe six to eight contracts in the US, if you include FX futures and Stock Index futures, that have any decent liquidity. The futures are developing, slowly. But it takes years to get a market going in options...

I want to short the Peso ETF. Shouldn't be any more complicated than going long the ETF, in theory. ( I also short Peso FX, btw, and sometimes go long or short the ETF as a partial FX hedge). I'd rather not but a put as they usually go out only three months and I am trying to establish a six to...

I'm using interactive brokers and trying to get bid/asks on ZC and ZW options and -- nothing. I could RFQ, I guess. But is this the way it always is? No volume? Not much movement in the e-futures, either. Or are there odd trading hours or is this a holiday or something?

Um yes, I know the difference between shorting a stock and an option. I am doing this to establish a short position in a stock, for which my broker will not allow a short position because they cannot find the stock to borrow. Hence, naked stock. If the OPTION I sell goes ITM and expires, I...

I couldn't short a stock (FXM) because my broker (IB) couldn't find it. So, I wrote a call, I figure has a good chance of going ITM with the thought being that I will have the stock as a short position if it expires ITM and I don't own the stock. True? Legal? Caveats?

Interesting. Does Ansbacher's current strategy use ITM, ATM or near OTM puts? I thought it was far OTM, like the put half of his old strangle strategy? Perhaps that's why it sounded so far-fetched to me. If he was doing far OTM with a deltas of say .10, he would be writing 10 puts for every...

I noticed Max Ansbacher has been using this for a while, apparently abandoning his all naked option strategies of the previous decade. As best as I can tell he writes an OTM SP put and sells a SP future contract and adds short OTM SP puts until he is delta hedged. In other wrods he is short a...

Don Bright promotes a trade on here and elsewhere, whereby one looks for an order imbalance on an NYSE stock (lots of different NYSE stocks, actually) and essentially takes the specialist's side with an "open only" order. (If I have that quick, short summary wrong, please correct me, Don) My...

Well, using IB's various trade entry options, I can't see how this can be done. Can you? Is this not a retail strategy?

Let's say I want to do 1000 GE; I place a buy market on open (MOO) combined with an OPG for the time? On a NYSE stock, will that guarantee me either the opening print or no fill? That easy? I simultaneously place a sell 1000 GE LOO orders a couple of ticks higher? Or just a limit order and...

Well, there are more "Key" things than that -- like Span margin versus index options margin. Regardless, it's, by all accounts, an index margin, and that eats up more margin than I want. Thanks

I place a limit OO order, just under the last close and then what? Scalp? Have a similar OO limit order a tic away on the opposite side of the trade in a separate account?

So, there really are no options on the ESTX50 FUTURES, just on the index, am I correct?

Yeah, well IB tells me it's only an index option not a futures option. And It's not clear to me from Eurex's site. No one in this group trade this?

The ESTX50: Is this an Index or a futures contract? And if it is a futures contract are their options on the futures -- or just on the index.

Do Eurex trades, specifically ESTX50 (Dow Jones Euro 50) futures and futures options qualify? I know there are some issues with ICE trades not qualifying, but I thought some foreign exchanges have been certified by the Treasury department as good for Sec. 1256, such as the SPI in Sydney. Eurex...

Must be account-specific problem. Sigh. Will wait for IB Tech Support, I guess, to open. Quite surprised they don't have tech support on chat for Asia, just general support, which I have found to be pretty useless.

Maybe it's just an Asian thing; I am in Sydney. Variety of problems server related, it seems.