Ok, I’m looking at an old UVXY1 put, from the last reverse split. The 4 strike expiring in January. It trades at 3.05. Considering it’s an automatic exercise under 40 (because of the old 1:10 split) why not load up on a bunch at 3.05 for a couple months and let the market taken them away at 4. I...
Besides VIX options which expire on Tuesdays, I believe, but settle Wednesday morning, are there any options, on equities or futures, that stop trading on Tuesdays and Thursdays, apart, of course, from SPXW and ES?
Dear ----
February was another safe and modestly profitable month for the fund; it posted a 0.66% return. The S&P 500 lost 5.3% over the same period. Year to date, as of the close of trading on Feb. 28, the fund was up 1.19%; the S&P was down 8.3%.
As was the case last month, most of the fund...
Ok, to keep it simple, if I short 1 put with a strike of 17, the most I can lose is $170, right? (Minus premium collected.) If so, why is IB telling me in its little Margin requirements per contracts box that my margin is 601.74 (initial) and 553.40 (maintenance). Vix options have a multiplier...
These are non-equity options. Many pros say that means they get Sec. 1256. I have heard some brokers agree. Just not sure which ones. Clear on the question, now?