Search results

For options that don't trade, the mid point is used.

Well Elon only owns around 20% of TSLA, I think Peterffy is around 70-80%. ;) I think the Zuck has > 50% voting in FB. The investors may not have any power to stop him, but they can simply not own the shares. As for his customers, they could leave if they were better served elsewhere. I've seen...

I believe your understanding is correct with respect to ownership of "Interactive Brokers Group, Inc.", but what we know of as "interactive brokers" -- the part that matters and generates all of the revenue -- is "IBG LLC" and "IBG Holdings LLC" owns 82.2% of the economic interest in "IBG LLC"...

When I've bought US gov t-bills (less than 6 months until maturity), it only reduces my available margin by 1%. In other words, the bonds are paid 100% in cash (so your cash balance will reduce by whatever you paid for the bonds), but the bonds act as margin collateral. You then effectively get...

Basically Thomas Peterffy. I've read their reports a couple times which explains it in detail, but this image I just found on their site pretty much highlights it: Effectively IBG LLC is the broker that we all know. IBKR (the stock) is the "Public Stockholders" in the attached image. "Members...

$5.5M fine is what like $500K to IBKR? (the IBKR publicly traded stock only owns a piece of the actual brokerage). As such, the impact on IBKR (the stock) is basically nothing. So maybe they fix their system and get a little less in commissions. Seems like an overreaction to me. That's not to...

I try to be concise for the most part, but I was in a babbling mood, probably partially due to alcohol, but also due to being particularly annoyed at my employer lately. To answer the question, I have a family and in order to take on a job that I'd want, I'd almost certainly have to move to a...

You probably should have specified to back out any deposits made after 1/1/18. ;)

I'm not saying money is no factor. I'm not going to take a step down in pay while simultaneously moving to a very high cost of living area such that I'd be worse off. I have a family to support. I'm far from one of those get rich quick kids that just graduated from college. To be clear, I have...

I'm a software developer who makes six figures, but I have a deep passion for the markets. I have a lot of skills (that are actually not common for a single person to have in tech) that go to complete and utter waste on the projects that I do work on for my job. I find the market completely...

For me in July, my commissions were 255% of my profits. Yes, 255% of my profits -- I lost money in July. I made money on my positions (ignoring commissions/fees), but my commissions exceeded my profit by roughly 2.5x whereas other months my commissions are < 5% of my profits. I'd have gladly...

My intention with that paragraph of my post was to outline a future scenario / possible reason for going private. I just reread it and see how it sounds like I was speaking of currently. I don't know if TSLA currently has such contracts (they may, I have no idea). To clarify, I am suggesting...

Think of it this way. Buying a call is similar to going long ES and buying a put for protection. Whether going long the underlying and buying the appropriate option as a hedge, doing a synthetic version of the same, etc, all have varying degrees of hedges against the position going against you...

I'm wanting TSLA to stay below 390 (I have a 390/400 bear call spread -- opened before today). That said, if there's serious interest in taking this private, I suspect it can be done with substantially less capital than many are speculating. What I mean is, Elon is making it sound like he's the...

Oh I know the regret, although not $330M. I was mining a few years ago. Had 20 bitcoins on a mining pool that got "hacked". The owner claimed he noticed suspicious activity, shut the servers down and was going to ensure that everyone was paid out what they were owed. I received nothing. Granted...

I doubt it. I'm pretty sure Musk has released plenty of information he's known to be false, including forward looking statements, and so forth. I'm actually shocked he's not been charged with something yet.

Wall Street Horizon has this data. I subscribe to their current data, but I have no idea on the cost of their bulk historical data.

Years ago, I wanted high leverage, but I've since gone a different route and now I actually don't want more leverage. I actually just want more capital. My current strategy has a target portfolio level max loss of about 20% (ie market takes a massive dive overnight, I won't lose more than about...

I personally find it odd that the president would be managing your account, however I don't think that's a sign that they're trying to reverse engineer your trades. They could have done that without changing who was managing your account. If they actually wanted to see your trades, in real time...

I think to determine how smart vs fortune that there's a bull market, you should look at the correlation of their performance vs relevant indices. Compare various statistical metrics. Determine if the returns are simply due to correlation with a particular index. For example, even if their gains...