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Not I, or should it be not me. I am still waiting.

Options purchase and sales are part of Sch D. However, they are not included inthe 1099 given to you by broker at year end so if you have $3M of stock sales against $3m stock buys but you sold 1 call for $500 and bought it back for $100 . You need to put 3,000,500 as sales and 3,000,100 foir...

I don't think they are exchange traded options. They print the stock at a regional and then create an option OTC.

Any of the suburbs within 30 miles of manahattan will be in the 300-450K range for a 3 bedroom with RE taxes between 7-12K per year. Apartments 1-2 bedrooms between $1800-$2500/mo. Anything cheaper would have issues such as higher crime, mediocre schools, etc. Good luck We recently moved from...

Not to mention the $ they are making creating exotic options for Wall st firms. Options with strike prices that change depending on the date, exp dates that change depending on the underlying, options whose terms change depending on OTHER options, options would make Natenburgs' and Mcmillan's...

Trading is buying low/selling high., managing risk, getting a positive expectancy edge. Hmmmmm. buying on the bid/selling on offer, hedging with other instruments that through their highly paid quants and supercomputers are able to quantify and identify. Edge that is not evident to most prop...

lescor, You can do this with Sterling thru its Active X connection. I've done oo orders, enveloping orders using a little Vb and with Excel. PM me if you want to know more.

NYSE Trader. Could you clarify what you mean by the diff treatment between 1000 vs. 5000 share order. Are you trying to imply that a dow30 specialist is less likely to try to game your order if it is 1000 since it is not worth his while BUT he will try to ream you if you have 5000 shares...

I read in a thead somewhere that they are special for they might have joint sec/cftc juristiction which really gums up the tax code black/white area. Best to consult with acct. FAMILIAR with them.

I don't think futures should be in sch D. they are regulater futures contracts and as such should be in form 6781. Read up IRs purblications about section 1256 contracts to educate yourself better. good luck.

Not to antagonize anybody here but the dual exercise works both ways. Assume short a/b call spread for credit. Stock goes down huge , yes no exercise you keep credit.Edge goes to credit spread over put debit spread. BUT stock goes to the moon, your debit put spread won't have the dual exercise...

Judging from the tone of these posts, there seems to be a presumption that credit spreads are better that debit spreads. In addition, I've read in a couple of stocks magazines past 3 months that credit spreads are the "way" to go.Why? Other than financing other positions or lending out $, they...

Best way to handle limit moves is to maybe have out of money options as protection. I can't think of any other protection for limit moves other than that.

Can't wait for NYMEX to offer oil and gas minis so we can do them spreads !

There are mini contracts for crude and nat gas but they have big spreads relative to their big contract brethren unlike the SP indexes. There are also other ones like corn,etc but they trade infrequently. Go to each exchange and check out their new e prodcuts like NYBOT e coffee. but again...

Thanks AAA. Check out this scenario though. When war happens you could see a huge spike in crude initially-first week maybe. But heating oil season is tailing off unless we have frigid temps still by April, motoring season might not be too robust because of bad economy and tourist a little...

Hi Babak, I was looking over some literature about crack spreads and was wondering if you trade them. What broker do you use , one who is knowlegable enough to enter crack orders. If iraq gets invaded I think the crack spread will go back down. How is that for a leading indicator of big oil...

Ron, this is what I don't understand. When mkt sells off OR rallies they say it is caused by a buy/sell program. BUT a program is caused by the diff between SP and SP cash is it not? So why don't they just say that the stock mkt rally was caused by a ton of SP buying or vice versa. The...

I use esignal dde and even though it does not capture all the ticks it does a pretty decent job in capturing most of the ticks. Ex. If you try to get ibm itmight miss 5% of ticks in a givn hour BUT if you put in INM.n which is only NY trades the capture gets much better. I don't know how it will...

I don't think it is all about the oil. I think the US is also getting sick and tired of being in bed with the Saudis since a majority of the 9/11 are from that country not to mention they are the primary financiers of the madrasas . I think they are making a calculated gamble that if the US can...