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That was funny but true. Only one contract of GRPN 7 PUT is traded so far. That shows that no one has followed my advice but it also proves some other things. My trade idea is almost considered a super safe trade (relatively speaking- there is not such a safe trade) but no one did it. 1-...

Once again you are welcome !!:D

Put a combo order to sell the GRPN shares and weekly PUT 7 at 7.10 GRPN will close below 7 and you will be assigned the shares and you will make 10 cents minust about 1.5 cents commission which is 8.5 cents per shares in less than 3 days. Probabilty is about 94% Bid/ask for the combo is now...

Buy signal on YHOO confirmed.

I always check the margin impact of any trade that I do by entering the order (before transmitting) and then right clicking and selecting margin requirements. For existing orders, you can try to put a fake order to close the poition and then see the margin impact of it. Sometimes adding a...

can you trust my crystal ball? :)

The bet was that it won't hit $30 and it did but look at it now. By the time I took my clothes off to run on the street, FB dropped below $30 so I covered myself.:)

or buy ZINGA....................... bazinga:D

UBS is angry because of its loss in FB. It shows that they don't have a hope for a comeback. FB will be at 19 in a week. evern if market rallies. If you have FB, sell at market now. one hours later you will pat yourself in the back. Buy YHOO !!

YHOO is trading at 15.89 15.90 now. I am aggressively buying the shares at around 15.90. I believe I can easily sell the shares at 16.05 or higher in a day or two.

I checked your positions. I believe AAPL order is a margin killer. I also believe that based on the first two strangles, your AAPL call psoition is wrong. It should be for the strike price of 625 and not 425.:) I am almost sure that you have made a mistake.

It is a good thread since many might have this problem. As IB mentions in its webpage, sometimes PM might require more margin than reg T. I was also shocked when that happend to me. Then I learnt it and lived with it. Stranger than that is when you see you have 20K extra cash for trade and none...

I also sell tons of PUTs and adjust them daily.

see the attachment

Today YHOO is a pure sell. Facing a Correction. Won't buy it till it goes 15.85

The biggest shock to me was when I started trading and I bought BRE-X Mineral stocks which was supposed to be the biggest gold stock and was supposed to be added to Dow Jones and then it seemed that they added gold powder to samples and then sent it to the lab and they had nothing. Shares...

I correct myself. My answer was on the assumption that you bought 40K worth of stocks in the first place. When you sell the options, you get $600 but you need that plus $8000 cash to maintain that position, so your cash will be $12K and you had already bought 20K worth of stocks, so you pay...

It has happened to me many times but I cannot give up. But when market goes down, everything goes down and diversification makes the account management more difficult when the market melts.

Unfortunately your guess is right.:(

Put Master told you a good way of trading which is wisely selly naked Call and Put. Off course he mentioned only PUT. Now back to your question. Your first trade on the stock, will use 50% margin and you will pay interest on that. The second trade you are selling option on a stock that you...