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Unless your broker absorbs these costs, you need an estate attorney to draw up the trust documents. If your broker subsidizes this, then all the better for you. https://info.legalzoom.com/average-cost-prepare-living-trust-26932.html Yes, the TRUST has been already created, and paid the...

Thank you. This info is useful.

I do trade equities and options with ThinkorSwim platform, but never need to pay for live market data.

What do you mean by *Market Data*, and it's cost? Can you pls clarify.

Wha What kind of fees for this REVOCABLE living trust with me as a grantor? I have moved bankAccounts, and other assets under livingTrust as a grantor, and never heard of even a penny extra in fees. I understand TRUST is a pass through entity. Am i missing something here?

I have a MarginAccount with Tdameritrade, with JointTenant with right of Survivorship(JTWROS) for CA State. Wondering, if I there is any disadvantage into moving this into a livingTrust, in terms of liability etc? Looking for suggestions, and reasoning for 1.) vs 2.): 1.)Keep Account as-is, as...

@JSOP, Could you explain in detail, how does after-market price, affect short option holders, after the expiry day, May be that would be the key, to understand the overall risk, I kept on the table, by not managing the options.

Hi JSOP, I was good till 1PM PST on Friday. However, the TDAmeritrade broker called me at around 2 PM, and said you may be on the hook for assignment/short with $1.4M AMZN short. I was surprised, however, he told me long option holders have more time to call brokers and exercise, and that may...

Agree, first time potential about-to-be SHORT experience, hence scared the hell out of me, thinking AMZN would go to $0 on coming Monday :).

Thanks PJB1994. Btw, I was also impressed by OptionSellers Track Record earlier, and was planning to enroll, however I was not HighNetWorth Individual, so I did NOT take this further. Also, i was impressed with their books, material, and overall videos they published, and thought they knew...

How much OptionSellers.com charged for their services or profit? How much is your approx margin debit, if you don't mind answering?

Thanks for the explanation. 1.)But pls. note that my long call expired on same Friday. So, if AMZN shooted higher on Monday, and I was shorted on Monday, the long call would NOT have helped anyways. 2.)My concern was if AMZN shot up 10% on Monday, I would have been clearly $140K in margin debit...

Sorry, took long to respond. Position was as below. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 26.0px 'Helvetica Neue'} Sell AMZN 1402.5/1405 Call Spread 26 JAN 18, which was a bearish call spread. Sorry, if i mentioned it was bull call spread. The pin risk here was on that day, AMAZON was...

Due to pin risk, one of the hedge option becomes worthless, and other one becomes ITM. With that, I could have ending up shorting $1M worth of AMZN shares, and then buy on whatever market price is on following Monday/Tuesday. I estimate this could have resulted in total loss of > $100K, which...

My trading account < 100K. It was a bull call-spread of max profit/loss around $10K, however I did NOT took the position OFF, and price sat in the middle, and hence the exposure to the actual shares was around $1M. The stock was Amazon.

I agree with that, but there are still scenarios, where you could be at risk. Think about pin risk, sometimes illiquidity risk. Basically, if at any point of time, because of some life events, you did NOT take necessary actions on your open position, this may back-fire at you. Well, if all goes...

As I might have heard, recently OptionSellers.com got bankrupt, and customers lost 1.)Their entire Balance 2.)They are in negative , aka into margin debit balance(unsecured), which would be going into collections, if unpaid. Using that as an example:- My question is, if I trade into my account...