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  1. ScroogeMcDuck

    SHLL ticker change to HYLN increased margin requirement a lot

    Now it's fixed on the OCC's end. I just pinged IBKR to fix it on their end.
  2. ScroogeMcDuck

    Why is Porsche so cheap?

    Porsche (POAHY) has a market cap of 15B, no debt, and a tangible book value of 34.6B which is almost all Volkswagen stock. It's crazy. Why doesn't some activist investor make them distribute that stock as a dividend? POAHY usually trades at 60% of tangible book value, but now it's trading at 45%.
  3. ScroogeMcDuck

    SHLL ticker change to HYLN increased margin requirement a lot

    In this case it was because the HYLN warrant wasn't in the HYLN class file at the OCC.
  4. ScroogeMcDuck

    IBKR should take bitcoin

    It's against Coinbase's terms of service to send money to casinos
  5. ScroogeMcDuck

    SHLL ticker change to HYLN increased margin requirement a lot

    I sent an email to the OCC and they replied that they'd fix it today.
  6. ScroogeMcDuck

    IBKR should take bitcoin

    Coinbase banned me for being a professional gambler.
  7. ScroogeMcDuck

    IBKR should take bitcoin

    I wish they'd take direct deposits of bitcoin. I have to send bitcoin to Paxos, get 6 confirmations, exchange to USD, wire to chase because Paxos can't handle IBKR's fancy wire instructions, then wire from chase to IBKR. Takes 4-6 hours during a business day.
  8. ScroogeMcDuck

    SHLL ticker change to HYLN increased margin requirement a lot

    Before merger, SHLL warrants hedged short calls. After merger, HYLN warrants don't hedge short calls So my maintenance margin went from 80k surplus to 40k deficit literally overnight without the price of anything changing. Is this a common occurrence, that a ticker change results in a...
  9. ScroogeMcDuck

    AMC bond exchange still not processed after three months

    BTW, when will the bonds i'm receiving become tradable?
  10. ScroogeMcDuck

    AMC bond exchange still not processed after three months

    I got a good email response from IBKR privately. Supposedly I overlooked some language in the revised prospectus about how only institutional investors can participate in the first lien new issue portion of the deal. So I'm only getting $650 of the second lien notes for each $1000 of...
  11. ScroogeMcDuck

    AMC bond exchange still not processed after three months

    This was my first time doing a tender offer anywhere. I tendered $75k face value of AMC bonds way back in mid June. After the original deadline, IBKR sent me some paperwork to fill out, to verify i'm an accredited investor etc. I sent that in. Then AMC decided to revise the offer and I...
  12. ScroogeMcDuck

    SMS alerts for price thresholds

    I'm trying out barcharts premium, but it seems like it only has 15min delayed data, which would make it useless.
  13. ScroogeMcDuck

    SMS alerts for price thresholds

    Where do I sign up to get a text message immediately whenever XYZ rises above $1?
  14. ScroogeMcDuck

    Crazy margin requirement on warrant arbitrage

    the issue has been fixed now. OCC added it to the right list at IBKR's request.
  15. ScroogeMcDuck

    Crazy margin requirement on warrant arbitrage

    What about portfolio margin accounts?
  16. ScroogeMcDuck

    Crazy margin requirement on warrant arbitrage

    Yes, I have portfolio margin on ibkr. It's a self-issued SPAC warrant. It doesn't show up on that OCC site, but NKLAW does. Maybe that's the problem. Were NKLA warrants marginable pre-merger?
  17. ScroogeMcDuck

    Crazy margin requirement on warrant arbitrage

    I don't want to mention the ticker here. Margin requirement to buy one warrant = X Margin requirement to short one call at a higher strike = Y Margin requirement to buy one warrant and short one call = X+Y, as if they don't hedge each other at all. The warrant becomes exercisable over a year...
  18. ScroogeMcDuck

    Insane margin requirement for long put

    When you right click a position and show margin requirement, it shows how much your maintenance margin goes down if you liquidate that position, without touching any related positions. That's the number that's 3x the value of the puts. It should only be 1x, like every other broker in the known...
  19. ScroogeMcDuck

    Insane margin requirement for long put

    No. I'm also short some calls.
  20. ScroogeMcDuck

    Insane margin requirement for long put

    I'm long NKLA puts $45 Aug21. The maintenance margin requirement is 3 times the value of the puts. WTF?
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