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    Robinhood suicide story -- unclear on Margin issues

    Rabbit trail if you don't mind. I get ticked off at Schwab...I do COVERED calls. I am NEVER uncovered...Just me. When I get assigned, I will get an automated call from Schwab. They will say I have one or more uncovered positions that need to be taken care of...I live in California and have...
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    Asset allocation methodology

    Here is what I would do if I had $300,000. to $500,000. to invest. First...Own a house. Even if you have a mortgage (which would be low), you can control how you keep your house. If you need to buy one, find the worst house in the best location (location location location)...Look it up. You...
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    WSBers playing with fire and getting burned: NKLA hard to borrow early assignments on call spreads

    Yeah, the SEC should write something to protect people against "hard to borrow". Should they restrict/block options on those companies?? Maybe, but at this time it is not the law. Require a $100,000.-$1,000,000. as a back up in some CD or secured shares of stock somewhere? People would be...
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    WSBers playing with fire and getting burned: NKLA hard to borrow early assignments on call spreads

    I think they will come back by saying you should have called to see what the current rate is for the "hard to borrow" stock...Before trying an option with such a risky move. They may even say the words "hard to borrow" would be indicative of how risky this move is!! You presented yourself as an...
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    WSBers playing with fire and getting burned: NKLA hard to borrow early assignments on call spreads

    Was mowing the back lawn...Thinking about your situation. You could try and sue. But in the last 10-15 years no broker allows it...In the fine print. You could try arbitration...But I think you will lose. You will say "they did me wrong"!! "They should have never allowed me to get into this...
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    WSBers playing with fire and getting burned: NKLA hard to borrow early assignments on call spreads

    I see banks doing this...Maybe pension funds. But a $5,000. account, never should have been allowed!! But you said "here, please take my money"..."I know exactly what I am doing and the risk involved". I think of credit card companies on college campus a few days before class begins. 18 year...
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    advantage to selling options?

    Sorry...The above thread (inside the box) gives a more complete answer. My wireless keyboard died...
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    ETFs... South Korea (EWY) or Thailand (THD) and why??

    Could buy and do options (covered calls) on both. I seem to trust the South Korean exchange (accounting) more. But Thailand may have more electronic components moving to their country. Thoughts?? Maybe both...
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    Is there an ETF of a bread basket of Canadian stocks??

    I tried Yahoo Finance...They have gone down hill. They're not user intuitive...
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    Is there an ETF of a bread basket of Canadian stocks??

    I've found mutual funds, but no ETF's. Would like to buy, then do a covered call.
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    HTZ...Musical chairs, the music stopped!!

    Trading resumed toward the end of the day. Hot potato...
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    HTZ...Musical chairs, the music stopped!!

    Shares of Hertz Global Holdings Inc. HTZ, -0.51% were halted mid-trading Wednesday for news pending. The car-rental company, which entered bankruptcy protection May 22, filed earlier this week to sell up to $500 million in shares it warned could be "worthless" amid its bankruptcy proceedings...
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    How to file taxes without showing your strategy to you tax accountant ?

    I've had CPAs for over 40 years. Haven't been audited for over 25 years. Do my 1099s add up to what my broker has sent to the IRS?? If yes, then IRS moves on (unless my income is more than $125,000). If so, they will peak a lot closer. They don't want to spend time and money to get a few...
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    SPX weekly options Etrade wants massive increase in margin exp week?

    Got to say, you gave me a great plot for a movie or documentary. Steal about 100 accounts from a broker...Only margin accounts (with the client's phone numbers). Record FaceTime with them as you tell them their margin account now requires 10 times the amount needed compared to the day before...
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    Anyone want to tell their horror story about day trading recently?

    Happened yesterday...Fun fun fun if you have T-Mobile and a Robinhood account!! T-Mobile US Inc. is grappling with a major service outage affecting thousands of customers in several states and is working to fix the problem, according to network chief Neville Ray. The company said it hopes to...
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    GILD

    https://www.fool.com/investing/2020/06/14/why-is-everyone-talking-about-gilead-sciences-stoc.aspx?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo What they said...My same thinking. Still a good covered call stock.
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    advantage to selling options?

    That is me for the last 20 years... I have bought and sold (optioned away) ADM for the last 14+ years. 2006 the price was $41. Today it is at $39.43...Very boring you would think. In my two different Roth IRAs anything I earn is tax free. It has held it's dividend for about a gazillion...
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    Shares reassigned

    Use this as a lesson...A hard one I know. If you don't mind...
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    In an IRA/Roth IRA what options can and can not be traded??

    Is each broker different on this issue?? I don't believe any broker can offer margins on options or even stocks. How "naked" can you be?? Have the rules changed over the years? Thanks in advance...Cabin PS I may has asked this a few years ago...The mind goes as you get older.
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    How will you trade certain Chinese companies (options) if the companies are not on US exchanges??

    I seem to recall having an option (covered call) about 10-15 years ago. The company got bought out...Little to no regulatory approval. Both boards wanted it. When the buyout came, I got my money as if the stock had been called away. Seems like this would be somewhat the same...
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