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Your example illustrates my point actually. If you were stupid enough to pick the worst stock ever to write covered calls on, DRYS, you would only be down 60% vs 86% down in the stock. Really if you saw you stock go from $120 to 16 do you think you would be happily writing calls on it all the...

Maybe if I had a multimillion $ account I could convince them. But yeah, they are not going to change policy for a low 5 figure account. With my current broker I feel like I'm just getting them rich. It makes me unhappy when I see all the things I could buy with the commission I paid. I...

They won't let me open an account since Im not 21 but 18. I have a many times their minimum deposit to put in and would be a great customer. I am sure I know more about trading products than a large percentage of their older customers. Just because I'm 18 its age prejudice. Anybody know of a...

Sorry about the loss. Have you considered perhaps changing to a covered call option writing strategy? I am sure you know as well as anyone how expensive options are. By writing OTM December 08 calls on US Steel for example you could make 19% by the end of December. That is fully covered too...

Its dropping like a rock now. Hope you got in. If only I had my brokers setup to trade copper. Just terrible.

Were going to have black Friday early this year.

DJIA -1000 contracts for today were last traded at 13 on intrade. It is gonna be bad for sure.

Its a bloodbath in the after hours futures market. We are 486 points negative right now on the dow futures. No way this can hold. I think 700+ points down tomorrow. Total disaster.

Options are getting insanely expensive. Honestly you can make 20% in a month selling calls (fully covered) on alot of stocks. I mean the stock your selling calls on can tank 20% and you can still make out even. This is a great time to be trading.

You mean VIX futures? Or options? Not many brokers offer VIX futures, maybe ICE does check them.

Gold hitting year lows shortly after Cramer recommended it. No surprise there. My target is 600-650 gold and 7-8 dollar silver.

I am thinking about going short. I think we will see 1.50 sooner rather than later. Maybe we'll get some solid support in the low 1 dollar range.

That's a very interesting thought. We are experiencing massive price reductions in commodities which are priced in USD. If the exchange rates stayed like they were at the height of the massive commodity bubble, hard assets like crude would be cheaper than dirt right now for the Europeans for...

Yet another reason NOT to invest in hedge funds, or any type of "fund" for that matter.

The case shiller housing index measures the price of housing against a basket of other goods. This index has been around since the late 1800s and historically throughout that period housing has kept up with inflation. The price of housing has never risen faster than inflation, and has stayed...

I clicked and got the figures of $810 initial, $610 maintenance for overnight. point = .005 = $12.50 or .01% = $25 today's yield = 1.10% If you got in with one contract at 0.01%, you would have $2725 in profit today. Not too bad especially when you consider that there is limited...

Thanks for the link. You know the margin on those? 3 month seems to track 1 month pretty close so no real need for 1 month futures. Now I'm wondering how much you could've have made if you got in at 0.02% per contract versus today's yield of 1.02. A killing for sure.

I remember not that long ago I saw that the 1 month t bill was yielding 0.01%. I heard also that it briefly dipped negative for the first time that has happened since the great depression. Now its yielding around 0.25%. I know there are 10 yr futures, etc. But are there any leveraged ways...

If your poor you get crappy spreads. If your rick and can trade euro futures or at dukascopy you get tight 1 pip spreads.

CF industries. 1 billion in cash, no debt, highly profitable and well positioned company.