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What was i thinking! You guys are right that my max loss is unlimited and not 3k as I originally thought when I short the stock . I never shorted the stock straight out but used options (not in IRA) to simulate the same.

I have Roth IRA account with IB. Let's say if I have $4000 in cash in my Roth IRA account, can I short 100 stocks at $30? My max loss is $3000 which is covered by available margin in my account. I don't see any issue but there are weird rules with Roth IRA and I am sure one of you knows the...

I sold 5 put last month, got assigned so sold 5 call - cost basis is down to 2.23. I will keep doing business at 5 since it sounds like a lucky number for Drys.

Thanks a lot for your reply! I know you from optionacoach's credit spread thead and it was nice reading our posts. How is your book coming along?

I know that it's PM settlement but just don't know where to find exact value of settlement?

I can't find a place which displays IWM settlement value. I can't find the symbol that represent IWM settlement. How do I determing IWM SET?

May be "Near Bottom"

I would stay away from CNBC news if you get emotional. It adds physiological pressure which should be avoided.

Why do you need to use Excel?

why even discuss since it's a joke!

It's late but posting this for the future reference since the decision always comes at this time. Time of release: 12:45 GMT, 07:45 EST