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I'm not sure where Monday is coming from. The short calls in my IC were assigned Friday morning and the resulting short stock position was liquidated 10 minutes after market open. That's how it went down. Except for not making money on my IC this month, the actual assignment process was...

Why ask you to sign up? The site's gone.

Hey did anyone else here use stocktiger.com at all? The guy who ran it (Richard Crockett) apparently ran afoul of the law in Russia and his site was shut down back in Oct 09. The chat and message board portions of his site continued to operate until last week when the domain expired. When...

No, no, no! It was one of the shorts of an iron condor.

Depends on the state. Here in MD you can be an RN with a 2 year degree but that will change in the future. The BSN (an RN with a 4 year degree) pays more and has more upward mobility.

My daughter is becoming a nurse. I was some effin' relieved when she decided to do this. Good pay, you can have a job anywhere, you're actually helping people. 2 years community college and you're an RN.

That's totally untrue, at least with IB. SPY doesn't cash settle so they can't just do that. If I were trading in an index like OEX it would cash settle then. As long as you close out the short stock position in the IRA that same day, you're fine with the IRS. BTW, I'm pretty sure I...

I ended up short SPY on Friday when my ITM calls were exercised. In my cash account they let me keep the short SPY position. In my IRA the short SPY position was liquidated 10 minutes after open.

No, the price data feeds might seem like a lot of data but really isn't much compared with music and streaming video downloading.

I noticed this the other day as well. Even with my kids downloading movies on Limewire, my usage still isn't too bad. Still, it's around 30-40 GB :cool:

Fattening yourself up for the MZBs eh?

"...not with a bang, but a whimper..."

OTM butterflies are even better because they can be cheaper than an outright option purchase and have a very high reward:risk.

Tell 'em to go where they print the money. Right here in Washington. :cool:

You answered your own question. As far as the judgment that defense contractors aren't "productive", it's a red herring. You have to be willing to go where the work is to be employed, plain and simple. One could argue that trading is about as productive as being a lawyer or real estate...

We're still hiring engineers like crazy here near DC.

The average American wouldn't be able to lift his fat ass off the ground with one of those.

You either have a bug in your program or you're overleveraged. Or both.

The VIX isn't nearly as important as the IV of the stock you're looking to straddle. As others in the thread have said, you want to buy low IV in anticipation of selling high IV or in anticipation of a sudden large movement. But the key is a relatively low IV for that stock. Keep in mind...

BUY! BUY! BUY!