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  1. Robert Morse

    When to Exit Illiquid Investments (Private Equity, Hedge Funds etc.)

    I have also invested in a number of hedge funds, CPOs and CTAs. I no longer have the CPOs and CTAs. I closed one Hedge fund. The hedge fund allocation was more risky then other others. They were long/short, mostly long. I found during the 15 months I had them, they did not replicate past returns...
  2. Robert Morse

    Do you trade thin markets?

    I asked for an example of a future you trade with thin markets. Not an example of a bad fill from a STOP order.
  3. Robert Morse

    Do you trade thin markets?

    Maybe now that we know this is futures, can you give an example? Big difference.
  4. Robert Morse

    Order Execution

    Time/price order priority would depend on the Exchange, ECN or broker your order is sent to. No. Those order sent the day before for only market hours, are staged until the next day and do not keep any priority. The are entered the following day with other orders. No- that has nothing to do...
  5. Robert Morse

    Do you trade thin markets?

    I do personally like them, but they are for longer term holdings or flips. I would never use a stop order on these. I have traded some with volume under 10,000 shares a day, $0.50 wide markets. I have to be very patient and play the stock range. You can't make a lot of money doing this. It might...
  6. Robert Morse

    Form 6781 Tax Straddles

    https://greentradertax.com/
  7. Robert Morse

    Half of the US can't afford to pay rents??? Hmm..tough to believe!.

    OK, I can finally ask. Do you live in a Trailer Park and is your name Ted?
  8. Robert Morse

    Half of the US can't afford to pay rents??? Hmm..tough to believe!.

    Rent is very expensive, especially in NYC and nearby. But how many of the same people buy all their meals out, pay for coffee and water while at work? $20 of food and drink a day is about $5000 a year ($20*5*50). Then, go to bars after work and gamble on sports. Most of these same people do not...
  9. Robert Morse

    Sell Puts and after hours

    My assumption was he was short. Yes, your words were more to the point. The question as I read it was, if I'm short a put that closes ITM at expiration, am I "guaranteed" to be put the shares. My answer was no. I gave a situation as to why someone long the put or call, ITM or OTM can decide to...
  10. Robert Morse

    Sell Puts and after hours

    I'm suggesting that if you only trade options, and the stock drops and you want to buy 1000 share of a stock vs the options you want to exercise, you need cash for it. PM is not required as the position only lasts until next day.
  11. Robert Morse

    Sell Puts and after hours

    If I were long an option, that settled just OTM, and after hours I could hedge that put or call, I would and submit an exercise. E.G. Stock closes at 50.25. I'm long 10 of the 50 puts, and they just expired. At 4:30, news comes out and the stock is trading at 49.50. I'm 100% going to buy 1000 of...
  12. Robert Morse

    Collateral for Debit Call and Put Spreads

    https://cdn.cboe.com/resources/options/margin_manual_april2000.pdf - or you can google for it, it shows that is many places.
  13. Robert Morse

    Collateral for Debit Call and Put Spreads

    These require Option Level 3, spreading. Lightspeed requires a Margin account for anything over L2. If you only want a CASH account, you need to find a broker that allows L3 in a CASH account. The requirement is almost always the net debit.
  14. Robert Morse

    Another year, another CME rate increase...

    A year ago, ES was $1.28. Next week it will be $1.38. I'd say that is a BIG increase. An IOM seat is very inexpensive for those that do more than 2000 futures per month. Might be worth buying or leasing one. Lower GLOBEX fees and no NFA fee. You will pay Pro market data...
  15. Robert Morse

    MOO / MOC Orders for futures

    CQG said, "You can place multiple market orders at a time using CQG Desktop as below."
  16. Robert Morse

    Trading stocks and changing the lot adjustment...

    You need a broker that allows you to sell tax lots. Today, we do not.
  17. Robert Morse

    MOO / MOC Orders for futures

    Hi DBSpider- We can't offer Futures trading to those in the EU. What you need is a conditional order with time condition to enter the position at 9:30est, then MOC to close- which, I'm not sure if that targets 5pm or 4pm est. I sent an email to CQG to see if they offer that order type. We can...
  18. Robert Morse

    best options strategies for advanced beginners

    See, we finally agree on something. My only point has been your strategy has most of the risk of a long only portfolio with reduced reward and little protection with down markets. You will never receive the reward of those markets or stocks that exceed on the upside and will take the losses of...
  19. Robert Morse

    best options strategies for advanced beginners

    Covered Call Strategies: One Fact and Eight Myths- Financial Analysts Journal, Vol. 70, No. 6, 2014-17 Pages Posted: 4 Jun 2014 Last revised: 27 Jan 2017 - I think this paper is well written and worth the read for those looking to do covered calls and cash secured or naked puts. I found it here...
  20. Robert Morse

    best options strategies for advanced beginners

    Really, what if that happens without warning and the stock opens down 20%?
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