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  1. S

    Time is on Your Side - SPX Calendars

    Amen to these sentiments.
  2. S

    Time is on Your Side - SPX Calendars

    The prodigal son returns :)
  3. S

    Time is on Your Side - SPX Calendars

    Using your real name provides credibility? ET posters are usually judged by the content of their posts (accuracy, knowledge, helpfulness, etc.). Table manners are optional.
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    My Emoticon Trading History Of the Past Few Weeks

    I think that you need to petition ET for a longer list of emoticons. That way, you'll be able to express yourself better :D :p :)
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    IB: naked call exercise and stock non-borrowable

    Your last paragraph makes no sense. If you are assigned on a short call, you sell shares. If you have no long shares, the result is a short equity position. There's no give away. You are borrowing shares to sell (if available). When a lender wants to sell his shares and the stock is...
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    Why are you proud to be a trader?

    I wouldn't use the word proud. Practical would be a better word for me. Though I owned my own practice, trading from home is a lot easier in most respects. Both paid/pay the bills but now, easier commute no rent no employees can work in my underwear (yeh, I know, bad visual :)...
  7. S

    Why are you proud to be a trader?

    That's totally true for the internet bubble circa 2000 and the GFC ('08-'09). Most other years it's work.
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    A good index option strategy?

    It depends. If you rode through drawdowns on paper that you never would have tolerated IRL, not likely. You've solved 1/2 of the equation, at least on paper. You've made nice gains. But can you hold onto it? I'd suggest that you simulate some situations where the underlying threatens...
  9. S

    A good index option strategy?

    During the first half of '07, the SPX was bumping along in the same fashion as the previous two years. But in the 2nd half of '07, the average daily change about doubled as volatility came back to the party. The news was getting rougher and downside momentum was building as things started...
  10. S

    Health Care Play Here?

    The US gubbermint already stockpiles it so it's a question of how much fear grips the public as well as determining the profit margin and how much revenue it generates for the manufacturer. If it's an inexpensive generic in a large profduct line, it may be a non event. There may be better...
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    how to buy ipo share?

    You have to contact the underwriters to see what the availability is. As a general rule, the better the IPO, the less shares available since preferred customers get first priority.
  12. S

    Synthetic Stocks

    Synthetic stock has the same P&L as the natural. It requires less margin but has more slippage and commissions. What's best for day or swing trading is getting the direction right.
  13. S

    BTFD'ers

    Just what do you think you're doing Dave? I feel much better now. I really do. I can see you're really upset about this. Sit down. Take a stress pill. Think things over. I want to help you. Dave, stop. Stop, will you? Stop Dave. Will you stop Dave? Stop...
  14. S

    best broker for covered calls and naked puts

    There are lots of optionable $5 to $10 stocks available. He can make 8-10 pct a month and double his money in no time at all ( I've read that on lots of web sites!!! ) :D :eek: :D
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    Better options commissions -- TDAmeritrade or IB?

    Nothing. But once upon a time I subscribed to their real time DJ News for $29.95 a month because it was the cheapest available - until I found a free source (got to TDA 10 yrs ago via a takeover of Datek Online). A nice feature was that you could color code 5 different lists (20 per) which...
  16. S

    Black Monday: Nuclear Meltdown in Japan

    What's so ironic is that the movie was released a week or two before the accident at the Three Mile Island nuclear reactor.
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    Better options commissions -- TDAmeritrade or IB?

    Yeh, what's $10 if you only make 2 or 3 trades a year? Hardly worth all the time it takes to fill out those complicated account application forms.
  18. S

    Better options commissions -- TDAmeritrade or IB?

    $24 for 10 contracts at IB? That's a bogus number if you're trading Smart Routed in the US. It's anywhere from $3 to $14 for 10 contracts depending on your monthly volume and the premium per contract. And as mentioned previously, assignment and exercise are free and there's no pesky per...
  19. S

    When will we be shepherded out of risky assets and into treasuries?

    Many will step in to buy the dip until they figure out that it's not a dip
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