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    Europe Position(s)

    I now have a unrealized loss of $44 on Europe ($90 for the options and a $46 gain on my FECAX position). I have an EFV 54/51 put spread. I have a VGK 54 put Both have September expirations.
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    Swks

    I think SWKS is a buy here.
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    Section 1256 Questions

    Thank you. That was very helpful.
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    GS, Buy or Stay Away?

    Biotech is a great area, especially the diabetes realm. GIVN might be an interesting Israeli play on colonoscopies. I personally won't be buying GIVN since I don't like its financials. They have revenues of $635 on each unit and only $39 operating profit per unit. They could make $1,400 in the...
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    Section 1256 Questions

    I am curious if I buy an ETF option (like VTI or EFV), do I need to use Section 1256 tax reporting? What if I have a call or put spread? These instruments may provide lower interest rates even when factoring in the dividend payment that is lost if it is deep enough in the money in comparison...
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    Europe Position(s)

    I sold Europe short at the worst possible time (i.e. February 2nd) and was down as much as $800 at one point. Now my loss has been cut in half and I am really starting to see this play out. I am wondering whether shorting VGK with a $54 long put was the best way to play the troubles in...
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    Options Trade

    None
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    ThinkorSwim

    That's fine. I have another that gives real-time quotes. Thanks. I tried the trading feature and while it started off at 100 shares, I was able to change it to one. It's a little bit more complicated than what I am used to at other brokers but isn't as bad as the Forex trading model that all...
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    ThinkorSwim

    When I trade, can I trade in single share units or must I trade in 100 share units? Can I trade in the traditional sense where I enter the quantity, stock symbol, type of order (such as market, limit, or stop), and price? I was wondering this from someone who has used ThinkorSwim. Thanks
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    Why fight the trend?

    Remember that you may get the stock put to you, which means you have a maximum loss of $5,000 with the put. You sell puts if you think the stock will rise in value after it is executed. You BUY puts when you think the stock will fall in value.
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    Has a leveraged ETF ever blown-up?

    The main problem is that you won't get the same or similar results by buying half of TBT.
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    Why fight the trend?

    I agree that there may be a reversal of the trend and I have hedged against a slight downside by buying the EWG put; however, I am mostly on the long-side. I believe it will go down about 10% or up as much as 25%. Can you afford to lose 25% or more if the market goes against you? I believe...
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    What do u do to stick to your rules?

    I think you come out with a disciplined strategy and stick to it; some of these ideas are great, but you need something to override. What happens if one of your rules doesn't take all factors into consideration? Do you than need to reevaluate?
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    Has a leveraged ETF ever blown-up?

    I don't get the 200% gain/200% loss potential of these ETFs. The fact that they are anything more than a 1 day trade seems to boggle the mind. If you believe in something, just buy it; there is no need to leverage it. Getting creative can make you look like a fool. I think there should be...
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    Options Action

    I was thinking of the EWC 21-25 spread and PBCT 17-19 call spreads. I am looking at an expiration ranging from 5-8 months on each. I am probably buying the $21 and $18 outright, respectively, but I am looking for your feedback. Any feedback would be greatly appreciated.
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