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  1. B

    Foreign CCY via FXCONV? When?

    Example of leverage: Balance: 10KEUR Sell 1 000 000EUR at 1.16 EUR/USD Balance: -990 000 EUR, +1 160 000 USD Assume the spot is now 1.175 EUR/USD The market value of your balance in EUR is -990 000 + 1 160 000/1.175 = -2 766 EUR
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    Foreign CCY via FXCONV? When?

    IB does not support FX transactions (via FXCONV) that could create a negative balance due to EU regulation. If you want more the cheapest way is to use FX futures.
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    New Options Math !

    Assuming the lognormal property of stock prices with an expected return of 16% per annum: 35.44 < St < 14296.29 is the 3 standard deviation range. 100 < St < 5053 is the 1.96 standard deviation range (a 95% probability).
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    Market Value of Buffered ETF's in Brokerage Acct

    Two remarks: 1. Options are a function of the underlying. 2. The underlying itself can be replicated with a strike 0 call. Hence Azal can be replicated roughly by 2 option spreads: Long 1-year 0%-110% SPY call spread Long 1-year 100%-90% SPY put spread
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    Market Value of Buffered ETF's in Brokerage Acct

    To replicate Azal with Spy: Buy 0.06475 SPY (i.e. 27.77/428.85 , 428.85 being the close of SPY on June 30, 2021) Buy 0.06475 June 30, 2022 SPY put spread: strike 1 = 428.85 strike 2 =428.85x(1-0.0926) Sell 0.06475 June 30, 2022 SPY call: strike = 428.85x1.0996
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    Panasonic sells their Tesla shares...

    Exactly. Due to the 5 for 1 stock split Panasonic bought 7 million shares at $4.23 in 2010. The indicative proceeds from sales (430 billion yen) mean shares were sold in 2020 at around $555.
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    Titanfall

    Don't worry there still exists thousands of cryptoassets. To avoid confusion with Titan Coin or TitanSwap, the exact name of this Titan is: IRON Titanium Token (TITAN)
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    Missing randomly close price in TWS API?

    Or a cause might be too much data subscription requests (in TWS check them by using Ctrl + Alt + =).
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    Bitcoin Price Will Hit $1 Million in 2020 Because.....

    Is he the same John McAfee? https://www.cftc.gov/PressRoom/PressReleases/8366-21 CFTC Charges Two Individuals with Multi-Million Dollar Digital Asset Pump-and-Dump Scheme First Manipulative Scheme Charged by CFTC Involving Digital Assets
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    Nearly 10,000 cryptos now, but only ~35 are seeing any action??

    Cannot become Fed who wants. However, anybody can create a crypto (what is needed is fiat money to pay for its creation as well as influencers, marketing and advertisements). Blockchain is nothing better than a spreadsheet or database: no value there except that people can check for sure their...
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    Nearly 10,000 cryptos now, but only ~35 are seeing any action??

    No: if the Fed were to buy bonds or stocks by printing money for it, those investments would become assets. Bitcoin has no backing and no asset.
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    Nearly 10,000 cryptos now, but only ~35 are seeing any action??

    Aren't all cryptos basically based on the same scheme: creating crypto money supply out of thin air? The inner mechanism is described in this Bloomberg article: https://www.bloomberg.com/news/features/2021-05-20/crypto-market-prices-ass-coin-superdoge-billionaires-prosper-and-fall
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    TESLA & BTC

    Bitcoin transaction fees to buy a cup of coffee today: around 6 USD. Bitcoin transaction fees to buy a cup of coffee on April 24, 2021: around 30 USD. Source: https://www.bitcoinfees.info/ Is Dogecoin or Bitcoin a hustle?
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    How to explain the most variance in an ETF?

    Correlation is about past performance and past performance is not an indication of future results. The simpler the better: - the five biggest companies (represent 41% of the index - replacing GOOGL by GOOG) - the ten biggest companies (represent 54% of the index) ...
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    After-hours limit order via TWS API

    Guru wrote it: use OutsideRth instead of ConditionsIgnoreRth.
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    Goldman Sachs reportedly jumps on the bitcoin bandwagon

    Bitcoin’s Long-Term Value Doubted Due to ESG, Tighter Rules: https://www.bloomberg.com/news/articles/2021-03-01/bitcoin-s-long-term-value-doubted-due-to-esg-tighter-regulation By using Bitcoins Morgan Stanley, Goldman Sachs (and Tesla) are not ESG compliant. Might be fun to read their annual...
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    CFD Leverage in API

    https://interactivebrokers.github.io/tws-api/basic_contracts.html#cfd
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    Bitcoin evangelists' feedback

    3. A meaningful article was written early April 2021 in https://www.nature.com/articles/s41467-021-22256-3 Mining pool distributions of Bitcoin blockchain:
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    Bitcoin Expert Predicts A $100 Trillion Market Cap

    It makes sense. Let's say I create 20,000,000,000 tokens on the Ethereum blockchain using DeFi. I sell to Nobert 10,000,000,000 tokens for $1. Nobert sells back to me 1 token for $10,000 (come on, it's cheap because it will be worth $100,000 in a couple of months). Based on our last transaction...
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    How to value Bitcoin

    What an easy question: Value of Bitcoin: 0 USD Price of Bitcoin: ask it to any bitcoin zealots especially its forward price. "Cryptocurrencies have no intrinsic value, whereas fiat currencies certainly do, because they can be used to pay taxes. Fiat currencies are legal tender and can be used...
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