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what happened to those trades?

DMO, are you still getting charged negative accured interest? My accured interest keep going up negatively day after day even though i closed the position monday already. When i closed my SHLD position my accured interest was at -$200ish, now it's at -$720, and keeps going up. I have no other...

the arabs made it very clear the price will be around $100. Trade with this in mind, however it's not a short term play. Anything sept is a gamble.

are you scalping? otherwise you must be batshit crazy to short this long term.

1) Highlight the sep 08 $5 strike put 2) Set the limit price to $2 3) Click the sell button ........... ps well now it's printing around 1.9

sold some sept 5P at $2, max risk 3pt. I will let it get assigned if it is itm at expiration. $3 for leh, after a 80% drop in 1 week of bloodbath + panic. I will take the risk.

considering the past 3 days, and the current price in the 6s. Not the worst trade....i would probably sold some covered calls though to capture the iv, instead of just long the underlying.

That's not a shabby deal at all for the enron bagholders, all things considered. $6.7 for common, $168.5 for preferred. http://www.cnn.com/2008/US/09/09/enron.settlement/index.html

you got me there, i meant holding an unhedged(naked) position overnight on the underlying stock. Nothing to do with naked shorting.

you must be a utter moron to hold this stock into overnight, especially naked short, after a 45% decline on panic, not to mention major news/announcement coming. Even if the stock gaps down to $1 and you make a 100% return, it is still one of the most stupid moves in term of trading and...

it be really nice if they can put the rate on the same column as the colored short availability bar so at least we can get some ballpark idea. Think i will submit a ticket for it. But agree, very sneaky especially for such a big firm.

Out. Made about 400 bucks after interest lol. All in all, it was a very good lesson for me, learned something new. They need to include the current indicative rate as an optional column on the main ib console so anyone try to short can find the rate at a glance. As it proves to be an...

port, for fucks sake...

long market at open, short once hit 1270. easist 2k made heh. Done for the night, good luck all tomorrow. It will be a wild day.

DMO, i did the trade on 8/27 and do not see it yet in the report under broker interest paid. However in the normal account popup window, my Accrued Interest (which IB defines as Interest that has accumulated but has not been paid or charged ) is at -$291. Shouldnt have hid this row from the...

Thanks for the heads up. i think this trade might not work, unless someone can offer a bit more insight. 1) IB app -> View -> Account Management (webpage) -> Tools -> Short Stock (SLB) Availability 2) Symbol: SHLD, Exchange: ARCA 3) Current Indicative Rate -35.50 4) This rate is on the...

guys have some respect, stop turning someone else's journal into a pissing contest between the two of you. I am reading this thread about pair trading, noone gives a shit about your egos.

bias going into monday: FNM/FRE will be down significantly Financials will be up big assuming leh stays quiet Overall market will be up Happy trading, monday will be wild.

Well the videos from snp has some good fundamentals for new traders. He explains some of the beginner concept like risk/reward, patience/when to stay on the sidelines, etc.. very well. And also shows how to apply them to actual trades. But his levels really is comical. Some of the obvious...

nitro, there is no roll. On expiration, the contract converges to the stock, or if exercised it exchanges for the stock, effectively closing out your other leg and the entire position. Dividend affects the ssf price, but there is no dividend announced here. Maybe i am confused, not sure if...