I have been experiencing this as well lately. I was told IB has a list and that the problem is fairly widespread and will be resolved soon. I had to chat to get an answer as 4 emails went unanswered in the past 10 days.
These are usually crossups between IB and the exchange. Somewhere...
I think there is SOME cause for concern but not as much as is implied. Reason being that many of these ARMS are not adjustable out of the blocks, most are 5/1, 7/1 or 10/1 programs. The average person owns a home for only about 7 years from what I've read, so the argument there is that you are...
An awful lot has changed since even 2000 in the CTA/CPO arena in terms of regs. There are a number of exemptions (in the 4.7 area) that were just done earlier this year.
I would second Aaron's advice. There are many routes to take and plan on a long startup period, 9 months minimum before...
Not sure what the hell you are talking about, Harry. Which "legislation" would this be. The 1940 Act? or some other arcane tidbit you've dug up?
I have read a good number of both interpreted rules and the major Acts, and what you are saying does not make sense. In as simple terms as...
A rising VIX shows stronger put buying interest - nervousness at the top and wanting to protect the gains. The interesting element to me is the difference in movement between the VXO, which favors further OTM strikes, vs. the VIX which is balanced.
Assuming the option has not expired, then yes it is still in force. Different brokers have different ways of effecting a "cash out" in those circumstances.
You may end up following the underlying to the pink sheets. You might need to exercise the option (and be given a short position in...
A big part of Gallacher's technique involves writing near the money strangles. I don't agree with his decisions regarding the placement of sold calls/puts and even by his best backtestings, he admits that the strategy should return about 12% a year if done as he did it.
Needless to say, 12%...
I use a modified version of Gallacher's formulas. I think he was right on with many of his conclusions. I believe I have improved upon some of his work to fit my personality and risk profile, and to compensate for the newer products available since the book was published.
It is a very good...
It keeps getting pushed back. Those of us who deal in options very heavily, especially index opts/futs opts are really chomping at the bit to get these things rolling.
This letter is a spoof, right? I sincerely hope this guy is not lobbying anyone on the Hill for our interests. It may be better to pay him NOT to lobby and write letters. It seems he is not understanding the CFTC's intentions.
I hope you don't take this letter seriously. I doubt the CFTC...
Wow. You know, it never occurred to me that the news might not be true. Thanks for telling all of us that it does not mean for certain that an attack was going to happen.
We should have to pay you for this incredibly insightful information.