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kmiklas said: That’s called shorting against the box. Constructive sale issue? Long/Short funds don't do virtually identical securities. There are year-end outs you can use to short, but it's over a 30-day period...

@Drawdown Addict I'd say no wash sale in my post. You might want to read it again. The 1256 issue is MTM and then there is always the NFA and the CFTC.

https://quickreads.ext.katten.com/post/102ijnh/ripple-court-to-sec-in-the-words-of-yogi-berra-the-future-aint-what-it-used-t?utm_source=Passle+Digest&utm_medium=Email

OUCH! https://www.cnn.com/2023/07/18/investing/china-evergrande-losses-intl-hnk/index.html?utm_term=16897141053500ea048ee904a&utm_source=cnn_Markets+Now+2023&utm_medium=email&bt_ee=OPTSh9PreeklU5%2FPMmidx3V7KG0F7CUfIKH3%2FTlGzqZZNOBSXpYVoojD96MX%2BFml&bt_ts=1689714105353

From the NFA "Can I open long and short positions on the same market at the same time? No. In accordance with National Futures Association (NFA) rules, you may not open long and short positions on the same market at the same time." There are also a handful of CME and CFTC regs that apply...

In the US it's a fool's errand from both a tax and profitability standpoint. Civil fraud and potentially criminal fraud. The laws in your home country may be different. There are dozens of threads discussing it.

Options Trader Bets $40 Million That Meta (META) Share Price Will Almost Double Carly Wanna - Bloomberg An options trader wagered $40 million that Meta Platforms, Inc.'s 158% rally this year has plenty of room to run. The spread trade — involving more than 26,000 contracts of call options...

Bonds Are a Problem, and One Solution, for Bank of America Trading bonds is working out better than holding them By Telis Demos July 18, 2023 11:04 am ET Bank of America’s overall net interest income was up 14% versus a year earlier in the second quarter. PHOTO: ETIENNE LAURENT/SHUTTERSTOCK...

Cathie Wood’s ARK Writes Down Twitter Stake by 47% Elon Musk’s social-media company is struggling with heavy debt load By Jack Pitcher Updated July 17, 2023 4:23 pm ET Cathie Wood’s ARK Investment Management owns a small stake in Twitter through its venture fund. PHOTO: DAVID SWANSON/REUTERS...

One Big Bet: Options Traders Wager Rates Have Peaked Eric Wallerstein - WSJ Long-term bond yields have climbed sharply, punishing an ultralong bond ETF. Options traders are betting rates are due for a steep drop. Roughly 2.8 million call option contracts are sitting in investors' hands, a record...

The IRS considers them property for tax purposes. I assume they will adjust when rule-making finally occurs. Somewhat similar to options pre 1973. Classifying them as anything else could put them into the existing code and that could raise all kind of issues like MTM accounting. "Do you pay...

Synthetically you are trading a call vertical. Stock + put is a call .... and then the short call creates a call vertical. The strike of the put should be thought of as the insurance deductible. Cheaper to do the vertical, unless you already own the stock. You gain alpha if you play the...

https://www.thetradenews.com/cboe-launches-new-sweep-order-types-to-bolster-liquidity-targeting-for-traders/ This is the stock side.

What instruments have you traded up until now and what has your performance been? With some base calculations, some expectations can be set. Otherwise, it's all math without any expectancy.

It's on ET if you search.

A number of ways to do it, but the two biggest challenges are it takes a ton of capital and it gets very crowded very fast. There's also the issue of being wrong. Trade is dominated by the banks that already have index or vol. desks Does it beat naked short vol. Is somewhat of an unfair...

Biden Administration to Wipe Out $39 Billion in Student Loans for 800,000 Borrowers Decision comes after the Supreme Court blocked a plan to forgive $430 billion in debt By Harriet Torry Updated July 14, 2023 10:52 am ET The student loans affected by the Education Department’s decision...

Binance Lays Off Over 1,000 Employees Crypto exchange reduces workforce as Justice Department investigation continues By Patricia Kowsmann and Caitlin Ostroff July 14, 2023 12:30 pm ET The Securities and Exchange Commission is separately suing two major cryptocurrency platforms, Binance...

Profits from JPMorgan, Wells Fargo make it easy to forget there was a banking crisis this year The biggest U.S. banks presented a picture of a resilient economy on Friday, with consumers and businesses continuing to spend and borrow even after a lightning-fast rise in interest rates...

A 1,462% Bet on Tiny Bright Health Stock (BHG) Shows Option Math Is Hard Carly Wanna - Bloomberg A big bet on a seemingly random small cap or a simple misunderstanding thanks to the complex math of options? In the world of derivatives trading, it can be hard for Wall Street to tell the...