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Oh, I could just short the underlying to deliver and then buy it back to cover. But doesn't that depend on how much margin I'm allowed to have? If I have only $5000 in my account, I may not be allowed to sell short the underlying, 100 shares of which would require equity in excess of $12900.

This is a question that's been on my mind for some time. I would appreciate it if you guys could give me some pointers. SPY was last traded at 129 on Friday. If I were to do a calendar spread, say, long SPY JUN 129 CALL and short SPY JULY 129 CALL, what should I do if my short contract gets...

I have been trading stock options on and off for the past three years. I also don't understand why you have these positions across seven strikes in the same month. You've got to know the risks, the potential profit and loss, etc. before establishing any position. And you need to get a...

I filled out an application online Sunday evening, and my account was opened immediately. I haven't funded it yet, but their email response is very quick, usually under 15 to 20 minutes. My experience with them has been positive so far. To reduce costs to minimum, I would use IB for...

I couldn't agree with you more, darkhorse. stock.

KymarFye, Philosopher Thomas Nagel mentions that anyone taking on a morally really risky project such as starting a revolution to overthrow a repressive government should think twice about his actions. If the revolution failed and it resulted in even more repression and more loss of...

History is an unfinished business. Nobody knows for sure who's going to come out on top eventually. Besides, do you call the might side of history the right side of history? If that's how you call it, tough luck for the world--indeed.

The fact that this war has been going well is due to an element of luck. Don't sneer at anti-war opponents yet. Recall an incident in WWII. When Hitler was planning to send their Luftwaffe to bomb the city of Coventry, Churchill knew about it by intercepting and successfully cracking the...

Alfonso: Of some of them, yes indeed they are. ============================================= Alfonso, I know we are in the same anti-war camp as far as this particular war is concerned. But I think your statement is too much to swallow. Give us an example at least. Even China is fast...

I invite you to read my post a few pages back, if you haven't done so. Too much China bashing here in the U. S. The truth of the matter is that China is undergoing a peaceful transformation to a modern capitalist state. It takes time to change. You are talking about 1.2+ billion people.

Like Alfonso, I find this type of personal bashing to be unworthy of response. But since I teach philosophy, I don't want to exchange emotional insults and am committed to using arguments instead to make my case. Bush waged this war in the name of basically two things: (1) eliminating a...

-------------------------------------------------------------------------------- Quote from Madison: China is at least as evil a regime as Iraq was. they put people in dungeons for practicing the wrong religion. they execute children without a trial. they've occupied and murdered thousands...

The US has again blown up a fly with a shotgun. Iraq spent 14 billion per year in defense, the US is spending 400 billion... The end or outcome still doesn't make the war legitimate. In any case, I remain supportive of the troops and am relieved to know that not more innocent lives...

Agreed. I want to add to that. However painful 9/11 is, the U. S. needs to get beyond that tragedy. It's acting like a wounded tiger that's ready to pounce on anyone perceived as a threat, even when there is no clear and present danger. In psychology, we have the so-called "victim or...

I've given up on these guys about morality, OPTIONAL777. It happened when I raised similar issues right after 9/11. To them, they are no more than "collateral damage"; worse yet, this so-called "war" is no different from a game of Quake. This generation has been so desensitized to the...

But God doesn't Bless America Only......

Agree. That's why we need to look at the arguments themselves, and examine the reasons why people are anti-American instead of merely labeling them as traitors? There are some cases where it'd be shameful to be citizens of one's own country, for example, to be German and to be doing nothing...

I don't get your reasoning. Merely registering dissent doesn't imply one doesn't value the liberty one has. Following your logic would mean that all those who opposed the Vietnam war should have left the U.S. Sometimes loving one's own country requires one to be critical; in fact, it may be...

Yup, very pushy salesman I was dealing with, and, you guess it right, I didn't buy it since they wouldn't let me do a trial. (Actually, I wouldn't mind paying a modest fee to try, but they wouldn't even give you that option.) I was also disappointed with Lou's book, which reads more like an...