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I'd add that right now isn't the best time to evaluate this since skew is pretty flat and uniform. During higher volatility the skew adds all kinds of interesting opportunities to spreads, so you might want to shelve the idea for now and come back to it when conditions change.

Again I'd have to say it's not a CFTC rule both because as Chubbly showed other brokerages don't apply this rule and as I pointed out they're exposed to the same risk that a weekly expires inside the spread. Happy to be proven wrong if you can cite the alleged rule? It clearly is a software...

Again, like talking to one of their reps. You didn't/don't work there perchance?

Since when did IB need to reach you? They autoliquidate like nobody's business! Sounds like you never had the (dis) pleasure of working with them.

With all due respect you're almost as bad as the IB people. As I pointed out, if one leg of a vertical spread gets exercised, you have the option to exercise the other leg and you'll be flat. Petterfy won't lose a precious cent, hunt for red October launch or the moon crashing into the earth...

It's a vertical debit spread!!!! You can't lose more than you paid for it, regardless of the date.

Well I for one am as frustrated as you. Patience though, this too will pass....easier said than exercised!

If it's American then if one of your legs exercises you can simply exercise the other and you'll be flat with the max loss of what you paid for the spread. Is this really a CFTC requirement that they hold margin out equal to the cost of purchasing the underlying if exercised? That doesn't sound...

Welcome to the sh%*tshow that is IB "customer service"! Note, most of the people at IB can't comprehend the concept of maximum possible loss on a spead, or they're purposely obtuse when you point out errors in their software like this. Note that IB does charge margin on ES debit spreads in...

Your military network is far more powerful than you think. If you haven't already, set up an account on LinkedIn and link up to everyone you know who has some contacts outside the military. Then use people you know to get you intros to former military folks in the companies you're interested in...

You'll lose the same amount unless you are in a 3x fund vs a 3x leverage in futures unless the index you're tracking falls by more than 1/3 in a day. You could just as easily buy a deep OTM put to protect against that same as the 3x fund does. Keep in mind leveraged funds return 2x or 3x of the...

Are you just trolling? You've gotten more and more antagonistic and added less and less useful information these days compared to your past posts, almost like the drunk guy trying to pick a fight in a bar. What gives?

Between advice from an attorney who specializes in this and a jackass on this board, who are you going to believe? Sounds like you don't like the answer you got from a professional and are looking for the flimsiest of excuses to disregard it. That's a dangerous train of thought, imho.

Give it a rest, good grief! You're like a broken record, always repeating outdated crap.

Exactly. If you'd held stocks in Uganda during the period when they defaulted, since that was raised as an example, you'd be impacted the same as if you'd held bonds.

From the title I presumed that the actual building had caught fire.

No, interest rates were high and did nothing but fall from there. If you'd been short 30 year bonds you would have been killed over the next 30 years. Even if you were in short term bonds and just rolled your shorts every year untill now you would have been killed.

What year was there 200% inflation? I think you've gotta discount what happened over a hundred years ago in a far smaller, more isolated, more agrarian country as not terribly relevant to today's economy, and for that you're looking at 17% in 1918 as the worst inflation year. Think about it...

Exactly, reading the entire quarterly report. Like the part where they have upcoming CAPEX costs of $470M but only $240M of available financing. That kind of eats into the "extra" $46.4M. And the $184M loss in just Q3 ($1.86/share)? Also not sustainable to say the least. Like I stated earlier...

Yeah, you may have 10 year lease contracts but they're on a pipeline, i.e. you signed 20 of them 10 years ago (they all roll off this year), 22 of them 9 years ago(they all roll off next year), 21 of them 8 years ago.....4 of them last year, 2 this year. Just because you have long-term contracts...