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    Don't You Dare Name That Teddy Bear Muhammad!

    Folks: I rarely post outside of the trading forums, but this seemed like an interesting article that would generate discussion. Can you be charged with a hate crime for naming a teddy bear Muhammad? Read this: ........................................... Briton Charged in Muhammad...
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    $52k gone from my IB account. What next, sue IB?

    Zzzap, That must be really frustrating. :eek: Be sure to keep any documentation of your agreement. (I really hope your compensation was close or above the 52K) Keep us posted. Best, AZD
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    Earnings & Events-Related Option Plays

    Neke, I was thinking this was your kind of stock. Not attempting the "same?" Will you attempt anything tomorrow morning? AZD
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    Earnings & Events-Related Option Plays

    Very interesting action in NILE. Closed at 74.68. In extended hours, traded in the 60s, came back to the low 70s and then ran to almost 90. Now it is around 82. As NILE fluctuates and as IV fluctuates, there will be creative opportunities for those wishing to gamble tomorrow AM. Good...
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    Earnings & Events-Related Option Plays

    For a couple of earnings plays, NILE and DRYS are scheduled to report after the close. Should be interesting. AZD
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    $52k gone from my IB account. What next, sue IB?

    Everyone has his or her idea of what is "acceptable." I'm glad to hear that you have resolved this situation in a manner acceptable to you. I know there was probably a confidentiality clause of some sort, but I would love for IBj to give us all just a little "inkling" of what transpired. :D
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    Earnings & Events-Related Option Plays

    Forex, Congrats. A profit is a profit. This will get you a good supply of pizza. :) I know we've mentioned this before, but your commissions seem quite high. Might be something to think about if you plan on doing a lot of trades. AZD
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    $52k gone from my IB account. What next, sue IB?

    "IB will indeed compensate the client for loss. We will need to decide how to interpret the activity from 19:55 onwards to determine the amount. It is a problem that the risk was not covered when first recognized. IB's standard position in all trading issues is "manage your risk" because the...
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    Earnings & Events-Related Option Plays

    Thanks Forex. And best wishes on your CSCO trade. AZD
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    Earnings & Events-Related Option Plays

    BIDU Update: Even though a larger gain is possible, decided to close out BIDU ratio spread for a gain of 1+. I'll leave some $$ on the table in exchange for more buying power and peace of mind. I can't even come close to predicting this thing. AZD
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    Earnings & Events-Related Option Plays

    No way you say? Can a $66 stock go to 78 in 15 days? Can a $6.60 stock go to $7.80 in 15 days? Don't let the high price fool you. Is it really worth $35 or $40 to let someone else control $78,000 worth of stock at your expense? Good luck. AZD
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    Trading on Acid

    I'll second that. The closest thing to swerving off the straight path for me would be to consume orange juice from concentrate instead of the pure stuff. AZD
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    Earnings & Events-Related Option Plays

    I almost hesitate to make this post - but Wellcare (WCG) now has a complete options chain going all the way down to the 5 strikes. (This was trading over 120 two days ago!) Implied volatility is spectacular at this point. I guess FBI raids have a way of increasing anxiety. :) PLEASE do...
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    Earnings & Events-Related Option Plays

    That's exactly why I went so far out of the money with this. It is difficult to predict. AZD
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    Earnings & Events-Related Option Plays

    Spin, Yes, it's the extra short legs in the far month that seems tricky. How does one determine the precise ratio for these extra shorts? AZD
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    Earnings & Events-Related Option Plays

    Almost. Rough numbers: I legged into the position and on the 2:3 received a credit of almost 1.50. Max loss is unlimited past around the 491 area. Max theoretical gain is near 1900+ per combo right on 470 at expiration. My goal is to close tomorrow. Long shots - I've seen some...
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    Earnings & Events-Related Option Plays

    Spin, That's quite a combination of legs. Glad it worked out for you. The thing is - this was right before expiration, so there was no room for error or "repair" was there? Sometimes on the RCs with some time left on the long leg, we can wait (without too much risk, i.e. with non-ratioed...
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    Earnings & Events-Related Option Plays

    It looks like pizza money to me. :) AZD
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    Earnings & Events-Related Option Plays

    Update: I decided to do a 2:3 ratio on the Nov 460 calls and 470 calls for a small credit. Just going for pizza money. AZD
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    Earnings & Events-Related Option Plays

    I am waiting to see what the IV and underlying are doing < 30 minutes or 1 hr before the close. Yes, Spin's acrobatic activities would be interesting to witness here. AZD
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