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Well, I'll try to remember to look out for that charge. Glad it was only 1 contract though if I do have to pony up.

I've heard of this system before. It's call trading around a core position. Congratulations though on thinking up something that's been around longer than you've been alive. :D:D:D

The thing is, you guys are making two assumptions about this trade that you don't know to be true. 1. That my broker somehow put the wrong date on the transaction (it says trade date and settlement date as 12/20, not 12/19) and 2. that it was some institutional expert hedge fund algo that...

I think we all know what Pelosi is planning. She's waiting until 2020 trying to get those senate seats flipped.

You forgot one weasel.

So I read this and wondered if this was true. I dug around a bit and saw a lot of articles making the claim, but no actual link to the evidence. So I dug some more. FINALLY I found their "smoking gun" that they were talking about which is really more of an empty water pistol if you ask me...

A lot of you seem to think I'm going to have to pay the divy. I guess we'll just have to wait and see. Anyone know when they will take the money out of my account? Will it be next week sometime or when they actually pay the dividend?

UPDATE: Broker said I'm not on the hook for the divy. He said I'd only have to pay it if I held my short position until the day of record which would be Monday.

It was a naked call as I did end up with a short position and an extra $31,950 in my account when i woke up this morning. I think I'll probably call my broker though and ask when it was assigned. $157 isn't a whole lot of money for a mistake luckily.

It looks like SPY did have a dividend, but the transaction date still says 12/20. Hoping I'm not on the hook for that divy.

Was trying a new strategy with writing options. I wrote just 1 SPY DEC20 319.50 call and someone assigned it to me when the price of SPY was 319.39 which seemed weird. I read that assignments are rare and was not expecting my very first option to be exercised. Anyone have any insight into...

Agree. I went over to reddit on the day of impeachment and I was absolutely shocked by the amount of people that thought this meant Trump is out of office. I saw one comment that said "I've never been so happy. I'm so glad this buffoon is gone". He was given reddit gold and silver and...

Unemployment still at historic lows. Stock market still hitting record highs every week. Average home value across the US still going up a very steady and sustainable 3.8% per year. Life is good. We're not in a crazy get rich quick scenario like were were with the Dot com and real estate...

That's odd you feel like I come off as angry. Maybe this part of Elitetrader has become so toxic everyone thinks everyone else is angry when it's not the case. I had the impression that people here would like to talk actual politics and not only sling mud at each other and each others...

Debts generally double under every president. I see too many people on the right and left focus on this as if both parties don't do it. Focusing on deficits means nothing if in the end the debt is doubled anyway. I think Bill Clinton was the only guy who didn't double the debt in his terms...

I absolutely did not defend Trump. I just said Greta loves the attention. I did however probably call you or whoever wrote that post a hypocrite and say what you hate in yourselves is what you hate in Trump. The only thing I will defend Trump on is if someone says he's messing up the...

A lot of hate in your hearts guys. Maybe some of you guys should take a break from politics as it seems to be making you angry and hateful. Work on that anger management. Maybe chill out a bit and go see a good old fashioned movie with a friend.

Some do it for the money, some do it for the hero worship factor. He can probably upsell the people that lose money into putting $100k in his hedgefund where he charges 3 and 30.

It's looking like a lock for Trump in 2020. 4 more years of great stock market gains.

Peloton is a Becky stock. Never bet against Becky.