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here is the very politically-incorrect answer to the question, "why does it take 2 incomes now?" the workforce is larger due to more women in it, hence the increased supply of labor has held down wages

let me add to this: the new limits on tax deductions aren't just for mortgage interest, it's for all tax deductions: vehicle tax, sales tax, state income tax, charitable donations, etc.

i don't think this is true. mortgage interest is treated as any other deduction and is subject to the AGI phaseout

aside from the risk factor which everyone is jumping on, no one has mentioned that practically speaking this idea won't work. good luck selling 10000 deep otm contracts the day before expiration. which option has that much liquidity? only atm options have decent volume near expiration...

not sure what your point is? the s&p dropped 2.5% on expiration day october 1987.

news flash for duref: man has flown non-stop across the atlantic and invented a weird oven that heats your water in 1 minute.

you can forgive florida for having budget problems because they're consistently in the bottom 5 lowest tax burden per capita. compared to california which is consistently top 10

tos allows it and you don't even need to request it. you don't need to do tricky things like use multiple accounts either

yeah yeah yeah, so you would have made a couple of thousand. i should have sold more options last nov 21. i ended up making only 130k but could have made 800k. let's all cry ourselves to sleep ok?

come on, i thought we're prohibiting fake tits. megan fox's tits are as real as the average ET trader's profits.

i would like to see the cboe at least try out penny pricing. there's some debate about the effect of penny pricing on liquidity of low-volume options such as deep itm/otm oex & spx (due to the reduced number of price points). one solution would be to institute a mixed system where near-atm...

they say it's because it makes you a market maker, but there are other brokerages that allow it so apparently it's not an sec/cboe restriction.

the stupidity of some people never ceases to amaze me. this tax would affect everyone who owns an equity mutual fund or has a pension fund because they trade stocks. that basically means virtually very american is affected by this dumb tax.

the bitchiness attitude is generally proportionate to how hot she is. the very attractive women feel entitled to a lot and their attitude shows it. and i don't blame them. i know a girl, i'd say she's a 9.5 (very sexy, very smart, rich, etc) and she is a total bitch. she once told me that no...

could be the estrogen

once again, this confirms my belief that ET's standards in hotness are disappointingly low. in person she would probably be a 5 or 5.5 at best. she's too old, and without makeup her wrinkles would show from a mile away.

holy shit the people who say to abolish fractional reserve banking are either on drugs or incredibly naive about its importance to the modern economy. if we went to full-reserve banking, the global economy as we know it would instantly collapse. the great depression would seem like a walk in...

if they mean 40% of the total population, that's not so unbelievably bad since it includes children, who make up about 28% of the population. the remaining 10%+ are deadbeats. wish we could ship them off to afghanistan to defuse roadside bombs or do something useful.

enron screwed a lot of people not just californians, but why is california in the most dire straits of all now (except maybe louisiana, but they have a slightly more legitimate excuse)

for the last 20 years, california has ranked between 2nd and 11th in the USA in total tax burden per capita (as a percentage of personal income). when a state consistently brings in high tax revenue and STILL has an epic budget problem, that leads you to the answer: the state can't control...