Search results

It seems to me that the IRS is not happy with your hedge to avoid short term gains. I'm not a tax expert, Just passing along the link.

http://www.cboe.com/advisors/tax-issues How are covered calls taxed? The IRS wants to make sure investors do not use deep-in-the-money options when writing covered calls since that would allow investors to possibly: Mismatch gains and losses in different tax years Substantially reduce the...

Well that is true but it has been a three day weekend. Try them again, or choose another broker (like me-:D)

You are not including paying income tax. Then you are taking a 10% hit with no real expectation you can make more money in a taxable account vs a pension. Then you have to pay taxes every year and have less to trade with than if you allow it to build. Sorry, but unless you need the money for...

Don't you also have to pay income tax on the withdrawal? If you take out $50,000 and you are in a 25% tax bracket, don't you have to pay $5000+$12,500= $17,500? That leaves you only $32,500 to trade with. You have to make a 53% return to just get back to $50,000. You should consult your tax...

I would never recommend cashing in your 401K early. Is the account material? You can trade futures in retirement account if you open an account through a self directed IRA company like Midland IRA.

I think most are OTC so not symbols the OCC offeres options on.

Why would you not just call Interactive Brokers and ask?

FSU, When I was a market maker, we shared the interest on credit balances from both options and ETB short stocks with the clearing firm. SLK/GSEC loved the credit balances I as a MM created and were happy to share. Without us, there was no interest to share. With regard to a customer...

This is all correct. All long stock, long options & short options all go into the type 2 margin account. The cash from all is netted out to determine if you need to borrow funds from your clearing house. Short stock goes into account the type 3 account so shorts do not offer any offset to other...

I’m not an expert on FX, but I would say he is right. SPOT FX would be buying one currency with another while forex is a long/short non-deliverable pair. It is more like booking a bet on an forex platform with your FX broker as your counter party.

Thank you but it was just a reference. My daughter is married, 30years old with a 20 month old and works for JPM. Not in trading. I’m happy with her path. Bob

Anyone can be Long or short the “market”, that is easy. Most are long and/or have assets like their home that benefit from the market going up. Just a personal preference.

Edgar database is not user friendly and most focus reports are very delayed. You won't see 2017 for a long time.

I wish I could provide a statistical response. I just don't have that. All I can tell you is that If my daughter wanted to learn to trade, I would suggest she focus only on futures and options on futures. 1256 contract Leveraged without the need for a large account like PM No PDT Most symbols...

GS from 2014. It shows at the very least, Balance sheet. Sometime income statement. Most brokers hide their income and then it shows other related data that is required. I'm not an expert on this, I have just read many of them . https://www.sec.gov/Archives/edgar/vprr/1502/15025981.pdf

Focus Reports don't show a break down of trading earning,

Equity JBOs generally don’t like overnight positions and will do what they can to not allow you to lose firm money over yours. That does not always happen.

I wish I could help with this one, but I have not examined the earning of the GS, B of A and Citadels of the world to see who is on top. My best Guess is that GS is top 2 or 1. If you make me guess where most of that profit comes from today, I would have to guess Fixed Income. Just a guess. I...

Any investment is any cryptocurrencies should be considered for the part of your portfolio that can handle extreme or total loss.