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  1. Arnie Guitar

    Selling ITM S&P Calls

    Bob, Thank you. Arnie
  2. Arnie Guitar

    Selling ITM S&P Calls

    Well, I think I just embarrassed myself... I didn't know what a PM account was and had to search around...does that mean paper money? If so, this guy has the money to do it for real, he's a heavy hitter, lots of real estate, car dealership, planes...
  3. Arnie Guitar

    Selling ITM S&P Calls

    Thank you, everyone. Robert, just to be clear, I did not do this, someone I know on another internet forum says he did this. From his posts, I find him to be a straight shooter and have no reason to doubt that he did this. I don't know what kind of account he has, nor would I ask, that's rude...
  4. Arnie Guitar

    Selling ITM S&P Calls

    In another forum I participate in, last Friday a member wrote, "SPX Apr15 2000 Call sold 48 contracts @ 65. It was the most they would let me sell uncovered." I'm a little confused on this. 1. At the time he sold them, they were ITM. I thought when you sold ITM options, you can be assigned at...
  5. Arnie Guitar

    Where's The $SPX.X Options "Finish Line"?

    Well FSU, I believed you, but I still was anxious this morning...but I've got a stress free 3 day weekend ahead of me. No worrying about Black Swans, no big upside moves taking me out... I took a rare (for me) "credit spread sammich" (or sandwich, depending on where you come from) position on...
  6. Arnie Guitar

    Options cost basis tax reporting in 2013

    Great to know, thank you. I'm pretty much a one trick pony, doing nothing but short term (< one week) credit spreads on the S&P500...had a good 2012...mostly luck, but I'll take it. Thanks again. Arnie
  7. Arnie Guitar

    Options cost basis tax reporting in 2013

    Aren't S&P500 options different than regular options...some special tax considerations or something...some is long term, some short or something like that? I remember reading something like that here, that there was a tax benefit to trading S&P500 options. (I've been wrong...
  8. Arnie Guitar

    Where's The $SPX.X Options "Finish Line"?

    Thank you. Lunch is on me. Arnie
  9. Arnie Guitar

    Where's The $SPX.X Options "Finish Line"?

    I've noticed this several times... There are Friday's when they're not traded, and Friday's when they are traded. Today, the Dec 22's weren't traded. I am short the 1410's. I called my broker and was told last night's close was the end. How do you know which Friday's are which? Knowing...
  10. Arnie Guitar

    Taking Profits

    I don't know. That's the problem I guess. Maybe the real question is what do I think Ford's share price will do over the the next year?
  11. Arnie Guitar

    Taking Profits

    I normally just write credit spreads on the S&P500, but I keep a casual eye on a few stocks, Ford being one of them. On a lark, I bought some Jan 18 2014 10 calls. Only 5, but they've more than doubled, so I'm up about $500, hardly enough to change my life. With more than a year to go till...
  12. Arnie Guitar

    Making Bigger Bets

    I guess I should really say "Taking bigger positions". As my account has grown through dumb luck, but mostly automatic bi weekly deposits, I'm still making the same size bets, actually sometimes smaller, and not trading as often. Sometimes I think it's out of tempting fate...I've been so...
  13. Arnie Guitar

    Why is Romney not disclosing his returns?

    Yeah, tell that to Willie Nelson. Listen, in today's world, if someone, somewhere, somehow, got the slightest sniff of any impropriety in Romney's income taxes, the media would light up like nobody's business.
  14. Arnie Guitar

    Why is Romney not disclosing his returns?

    You think the IRS wouldn't pursue any illegalities in Romney's return?
  15. Arnie Guitar

    Why is Romney not disclosing his returns?

    Listening to Barry's news conference right now, screaming at the TV... Regarding Romney's tax returns: Barry:"We just want to see that he is playing by the rules." Really? I wish one of those "reporters" (sick) would then ask: "Mr. President, are you going to disband the IRS, or...
  16. Arnie Guitar

    In Appropriate Conduct?

    Yes, and I included it in my correspondence to TD Am.
  17. Arnie Guitar

    In Appropriate Conduct?

    TD Ameritrade
  18. Arnie Guitar

    In Appropriate Conduct?

    Promise not to crap on me for paying higher commissions than necessary?
  19. Arnie Guitar

    In Appropriate Conduct?

    Sent an email to the national, here's the response: "I received your message and I understand your concern. For suitability purposes, please note that it is common for our Investment Consultants to review accounts before they contact you. Please reply if you have any additional questions...
  20. Arnie Guitar

    In Appropriate Conduct?

    I have been trading complex option orders with them for years, I mostly trade the S&P 500 weeklies, so sometimes there are several positions per week. I do not know his credentials.
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