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@huab1992 Your post is kind of vague, and it's not clear to me what you hope to achieve. It sounds like you want to avoid trading PTPs that are subject to US jurisdiction, because you are foreigner, and you don't want US income tax withheld. So i am proceeding on that assumption. If I am...

I made a little bit of money trading BBBY in the last couple days. But not on the stock. I sold a short ratio call spread, Feb. 10 expiration. On Tue Feb. 7, I sold two 5.00 calls, and bought one 6.50 call, for a net credit of $0.25. The ratio was 2:1. I am not disclosing the size of the...

Why am I not surprised? With any merger of two organizations of that size, there will be problems. They are probably thanking their lucky stars that the accounts in question were not actually restricted. That would have generated all kinds of claims, because it would have actually prevented...

Many, many years ago, I saw a two-frame comic strip. I think it was from Willy 'n Ethel. Geez, I wish I had saved it. Willy is watching TV in his easy chair, and he is approached by his nephew, maybe 14 years old or so, who says: "I used your name to buy something." Willy looks at him and...

I don't think the preferred/convertible shares can be purchased in a retail brokerage account. That's what Levine is talking about... those shares have a face value of $10K each and can only be purchased by an accredited investor. If I'm wrong about this... what's the symbol?

Fascinating analysis by Matt Levine at Bloomberg of BBBY's attempt to sell new shares while teetering on the edge of bankruptcy...

I never noticed that at the top of the forum. I stand corrected.

This forum has no formal connection to IBKR. I doubt that they would devote the necessary resources to have someone monitor or participate in this forum. This section of the forum is titled "Interactive Brokers" simply because it is a dedicated area for IBKR customers to communicate amongst...

If you're curious, start here: https://www.bloomberg.com/professional/product/trading/

I don't think Bloomberg operates a brokerage. But the BB Terminal has some sort of interface or API that allows you to place orders, and I believe it is compatible with almost every major broker. I don't know how it works. I've never used a Bloomberg, or seen anyone else use it. But the basic...

I'll bet a Bloomberg Terminal has various options that allow you to be logged into multiple accounts simulatenously... But I'll never know LOL 'cause I could not possibly afford that service

Interesting opinion piece from Eduardo Porter at Bloomberg on the proposed common currency for Brazil and Argentina

We have two checking accounts at two different banks. And multiple credit cards. 'Cause you never know when one of them is not going to work for some unpredictable reason... But y'know, cards and ATMs will not work during the zombie apocalypse. So you need to have lots of cash in a safe in your...

We are based in the USA, and we have two accounts: Schwab and e*Trade. For many, many years, we had only the Schwab account. It was originally a small firm called optionsXpress. They were acquired by Schwab about six years ago. And for many years, the total value of the account was such that...

This was pure satire. I don't have a spreadsheet, and I don't keep track of my mistakes LOL Yes, I have sometimes made decisions based on bad advice. But that means that I made a mistake when I chose to follow that advice.

Actually, I have a pretty good track record. I have kept of record of every mistake I have made since October 18, 2002. I use an Excel spreadsheet. 98.32% of my mistakes are due to the fact that someone gave me bad advice.

You got nothin' to worry 'bout. You are good in this department. You've made lots of mistakes, and they are most definitely your own.

There are ETFs that you can buy that allow you to short QQQ and SPY. For you it is a long equity position. But within the fund, they use derivatives to establish a short position. They are called inverse ETFs. But be careful, and read the specs. Make sure you know what the f**k you are buying...

Why can't you short QQQ and SPY? Those shares are usually easy to borrow... Not enough capital? If you're that bearish, why not sell vertical call spreads? And how are you buying gold? ETF?

Wouldn't that kind of scheme be tantamount to the broker taking the other side of the trade? And wouldn't that create a conflict of interest? LOL My question is half serious. I'm pretty sure that the terms and conditions of most retail brokerage accounts explicitly disclose that the broker...