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Actually there is a real residential toilet paper shortage that would exist even if no-one was hoarding. In normal times, half the toilet paper used is at work or some other commercial establishment outside the home. It turns out that toilet paper has a completely different supply chain and...

I think you badly missed my point. Taking the actions I was responding to will be perceived by China in much the same way launching nukes at them would be. They will react violently. None of us will be better off for it. Probably time to get off our high horse as well. The U.S. lie's, cheats...

Might as well just go ahead and launch nukes at them right now, same impact to all of us in the end. I get your frustrations, but you don't tell a country of over a billion people with the world's second biggest economy (and their own significant nuclear arsenal) to go fuck themselves and expect...

SPX European options. No early exercise, cash settle, no risk beyond the vertical spread width.... period. And yeah, that one trades on the COB. What did they tell me? Well it wasn't until the third rep that they could even grasp what the issue was, I might as well have been trying to explain...

But by definition the President can only activate National Guard under Title 10 which limits them to doing only what active duty troops can do. Governor's can activate under Title 32 which is the disaster response you see normally. Most probably Trump is too stupid to be aware of this key...

If a dozen countries can't manage to collude on oil prices when they legally can, it's absurd to think a couple hundred thousand gas stations could. Running a gas station isn't a great way to get rich, you really make very little on the gas itself. But buy stock in gas station companies if you...

It was small, but if he sold to stay under an ownership limit then wouldn't that mean he was already over said ownership limit? The fact that it was two airlines at the same time also would tend to indicate more that he was trying to reduce his exposure to the sector.

Not me, I moved long ago, but some discussion at https://www.elitetrader.com/et/threads/short-svxy-put-margin-logic.342291/

Unless you're IB and calculating the margins for selling puts, apparently.

All the current airlines can file for chap 11 and we'll still have airlines...those of us who are common stock shareholders just won't own any of it. Just like the shale producers are all going to get wiped out but in a year shale will be making lots of money again. Path dependency matters!

If your primary source of income is trading and you're doing well at it, nothing in this program was designed for you and I hope you have the self respect not to apply for benefits when there are so many out there who so desperately need them. If, on the other hand, you worked in many of the...

Yeah, it's held in their name if you just buy it online generally. If it's in your name it's your asset, they can't sell it without your permission. If it's in street name then through a contractual trail it's your's, which means a bankruptcy court has to determine the validity of that...

It wouldn't be terribly hard to trace that money if it was really happening. You gotta remember, Saudi Aramco has a market cap even today of over $6T. Sometimes if you've got the money literally bubbling out of the ground at your feet, simply selling it is the easiest way to make money. I trade...

You could buy them direct and transfer if you really really want to be sure they're in your name. Otherwise you can just ask your broker to do it for you. It's a manual process but they do it often enough that they're fine with it.

I'm actually in on this one. This is typical Trump bullshit where his abject ignorance of pretty major concepts like U.S. anti-trust laws and his narcissistic inability to realize his own ignorance led him to make an offer that he can't possibly follow through on. No way in hell ever are U.S...

The best way to address your concern is to purchase a bond held in your name, not street name, by your broker, which is used as collateral you can trade on. When I did this with IB I think you took a 5% haircut on it, but at the time at least the interest you were getting on the bond made up for...

To be honest the whole thing is actually pretty smart, even though I was skeptical given the time they had to throw it together. There are several clauses that exclude high wage earners (as it should, otherwise I'd just pay myself a massive salary this month for free) and it requires a...

You're missing my point. Neumann's a one hit wonder who is not only not thought highly of in the Valley but actively disliked by literally almost everyone. His only capital is the actual dollars he has in his bank account. He's done making more as an entrepreneur at least. Elon has several...

Except Elon has several successful IPOs under his belt and a bunch of folks who will back his next endeavor no matter what happens to Tesla. Neumann, on the other hand, is widely regarded as a douche by everyone in the industry not named Masayoshi Son. And with this announcement it seems it may...

There's actually several programs out there. One allows you to just not submit as much in SS and employee withholdings, which you can do as soon as your next pay cut. The other involves a forgivable loan, which is probably not quite ready to go with most banks (and there are actually 2 versions...