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Coal, zdreg, the thread is about COAL! And you've contributed less than nothing to the discussion of coal, instead you've destroyed value for everyone else on the thread. One would assume, if you're thinking about investing in coal, that it would be nice to know that even if every one of Obama's...

Zdreg, meet mirror. I stated facts, pretty dry ones really, about thermal vs coking coal. Still waiting for you to contribute anything to the facts I presented on coal or the OPs question or frankly anything that has anything to do with coal, trading, or markets! This is a thread about coal, or...

To tie this back to the OPs question. Coal companies are where they are right now because of the convergence of 4 almost completely unrelated factors. First, the decrease in demand for steel, primarily in China, killed the price of coking coal. Second, the price of natural gas, an almost perfect...

I run a company in the power industry and happen to know a bit about coal. You? Are you disputing my assertion about the impact of coking coal vs thermal coal on the power industry or my assertion that the Republican politicians have repeatedly accused Obama of a "war on coal" that is...

Do your research before you jump into coal. Thermal coal and coking coal are completely different products with completely different markets and a 10x price difference, for example, and domestic coal is a very local and contract driven commodity. The politicization of coal has led to very...

SPX options settle into cash but do not trade at a discount to ES, SPY, or IVV options. While you may personally value expiration into the underlying, the market clearly assigns no value to it (and in fact can't because otherwise it would be a no risk arbitrage opportunity).

Are Sears bonds of that tenor trading at $.20 on the dollar? If so it seems like pretty easy money arbitrage.

I think you misunderstand how binaries work. Your payoff (on Nadex for example) is always $100 if you "win" and $0 if you "lose". The price you pay for the option is determined by supply and demand. If there's not much chance of the index being above the strike you may pay as little as $1 for...

If you buy a binary at $1 it can expire at $100. That's a 100X return. Not saying that ES calls aren't more appropriate than binary options in some situations, although I'd go with SPX calls so I don't have to take delivery of the ES underlying. However the assertion that you're limited to a...

Pretty sure you equated today's drop of less than 1% with the ability to profit from a black swan. If you want to argue semantics knock yourself out, but the rest of us probably agree that being able to profit from a 1% drop is so unrelated to being able to profit from a black swan that it's...

I don't think most of us would call a sub 1% fall in ES a "black swan"

I'd look at PREPA debt, the Puerto Rican power company which is govt owned. Power's a pretty inelastic demand curve and once you start pricing it at market at least PREPA has a revenue stream that's pretty steady. On IB's demo you can type in Puerto Rico in the "contract" area and it will come...

Nadex spreads on their more liquid contracts like the S&P 500 aren't nearly that wide during the trading day, more like 5 points. They're not perfect, but they're CFTC regulated and won't steal your money and the market is as fair as it gets since anyone can make a market. If you can make money...

Kind of the definition of a black swan is that you didn't see it coming right? Maybe it's a flash crash that drives the market such that most margin accounts are at negative values, then they screw up the busted trade mechanism (which is neither well understood or robust) such that half the...

I think you might have gotten this brilliant idea from a former Texas company named by the name of Enron? It makes as much sense as their accounting did.

Wow, way to spin commingling and the stealing customer's funds into a vast government conspiracy! The guy's a common ex-felon, its sad really that he's conned you into thinking he's some kind of martyr for the paranoid cause.

You can prevent more loss by selling your position exactly the same as by "hedging" with an opposite position. There is absolutely no benefit, none at all, to this "hedging" over just simply selling the open position.

Since FL has no income tax, you wouldn't pay income tax in FL regardless. However even if FL did have income tax you'd still pay your tax on the rental income in NY unless renting houses was a business for you.

That's not exactly right. You may have to pay income tax if you were employed in another state, but not if you earned passive income from a rental property in another state. I could be missing some obscure rule, but I'm fairly certain you wouldn't ever have to pay income tax to a state where you...

Given that simultaneously holding two equal and opposite forex positions is never cheaper than simply closing your initial open position, you'll never end up better off "hedging" vice any other strategy! If you want to pay double commissions to your bucket shop for no reason, that's your choice...