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  1. BMK

    Fish Futures

    Yes, that's the Nasdaq page. Apparently the monthly futures contract is for 1000 kg of fish... I have no idea if it's possible to trade this in a retail account LOL The recent spot price of NQSALMON is 62.91 NOK, which is about 5.88 USD
  2. BMK

    Fish Futures

    Maybe that's why it's a cash settled contract with no physical delivery. But there is a market for fresh fish LOL I think it gets shipped around the world in refrigerated containers. Or bought by canning operations located near the coast where the fish is caught. Someone else in this thread...
  3. BMK

    Fish Futures

    It's not frozen fish. The futures contracts are based on an index that tracks the spot price of fresh salmon in Norway. But settlement is cash, so you don't get any fish LOL To answer your question about who would want to buy or sell such a contract... Commercial fishing operations. Or maybe a...
  4. BMK

    The IV risk with short strangles

    That's an interesting observation, but it is functionally very similar to buying shares in a fund that uses derivatives. The fund may hold positions that have theoretically unlimited risk, such as naked short calls or short futures contracts. But shareholders are not personally liable.
  5. BMK

    Fish Futures

    Well, I guess that's what they thought when they rolled out this product, 'cause they made them cash-settled. You can't get the fish LOL You're just making a wager.
  6. BMK

    Fish Futures

    Anyone have any experience with this? https://fishpool.eu/ Cash-settled salmon futures. I read somewhere that they trade on the NASDAQ exchange... But what about other species? Should be able to trade them in pairs. Long salmon; short cod. Long tuna; short mackerel. And why the f**k are...
  7. BMK

    Margin Test - Urgent!

  8. BMK

    Own Cryptocurrency? Watch this. | Robert Reich

    Robert Reich is a former US Secretary of Labor. He served under President Clinton. His YouTube videos may well be garbage. I don't watch that kind of stuff. I do sometimes read his columns on The Guardian, like this one...
  9. BMK

    Suro Capital (SSSS) stock buyback

    Anyone else have to make a decision on this? The company is buying back its stock with a mechanism called a Dutch Tender. BMK
  10. BMK

    Child labor in carmaker Hyundai's factory in US

    Derek Chauvin had a private attorney for his murder trial. It now appears that he is asking for a court-appointed attorney, at taxpayer expense, for his appeal. And the court has ruled that he has not demonstrated that he cannot afford an attorney. That could change if he supplies new...
  11. BMK

    Child labor in carmaker Hyundai's factory in US

    Did you read the Reuters article that is linked in the original post? Do you think it's just fake news? The reporters at Reuters just made this stuff up? Do you also think that no police officer in the USA would ever fire his weapon at an unarmed civilian? Because, well, you know, if the cop...
  12. BMK

    Child labor in carmaker Hyundai's factory in US

    I think in some communities, Girl Scouts still go door-to-door selling cookies. Of course they don't get paid for that, and it's not considered "work." It's a volunteer activity for a nonprofit charitable organization, and it does not fall within the definition of child labor.
  13. BMK

    Billionaires Go Missing After Losing Everything

    If you search public records at any county courthouse in the USA, and look at foreclosure cases, you will find many, many cases in which the party filing the foreclosure case is one of the large banks or mortgage lenders, such as Chase, or Wells Fargo, or HSBC. Some of the factoids you mention...
  14. BMK

    Billionaires Go Missing After Losing Everything

    What are you talking about? The US government does not buy mortgage loans. Most mortgage loans are packaged and sold on the secondary market to another lender or investor--not to the US government or any government agency. Yes, the government insures some loans against default through the VA...
  15. BMK

    Women's trade journal

    What leads you to think that she is Russian? I don't see any reference to Russia anywhere in this thread. Did I miss it somehow?
  16. BMK

    Child labor in carmaker Hyundai's factory in US

    Yeah, but that was probably not a violation of child labor laws. In the USA, teenagers are permitted to work at certain jobs, only during certain hours, and only with permission from their secondary school. Any type of heavy manual labor, such as a factory job, or even working in the meat...
  17. BMK

    Women's trade journal

    @Nady Would you care to tell us: What country you live in What country your account is based in Which broker you use
  18. BMK

    GME Stock Split 4:1

    Hmmm... my original post contains an obvious typo. I did not short the 180P LOL that leg was the 105P.
  19. BMK

    Amazon to buy One Medical for $3.9 billion as it expands healthcare footprint

    It's brilliant. When their employees or contractors get hurt on the job, they'll make money off the treatment. It's a great hedge. They're probably looking into buying a health insurance carrier, too.
  20. BMK

    Info: Pattern Day Trading rule does not apply to cash accounts!

    Brokers use all kinds of rules and limitations that don't really make sense on a logical or mathematical level. For example, even in a margin account, if you are short stock and long a call, your risk can be very limited. If I short the stock at $50, and buy a 60 call, my max loss is $1000 plus...
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