You can trade futures in a 401k but requires a C-corp to trade through.
Only the wife has a 401K. I’ve been involved with K-1s and LPs. I think IB and TDA allow FOs in mIRA, but I’ve never tried to execute FOs in an IRA.
You can trade futures in a 401k but requires a C-corp to trade through.
IRAs can trade futures -- Tom Sosnoff is waiting for your call!
Vanzandt PNL MTM:
100 BAC Jul6 29C from 0.34 ($3,400)
20 CGC Jul20 25C from 5.00 MTM 5.10 mid +200
25 VMC Aug17 135P from 8.40 MTM 6.75 mid ($4,125)
30 SYMC Aug17 19C from 2.00 MTM 2.50 mid +1,500
20 MGM Aug17 27C from 2.23 MTM 2.40 mid +$340
Loss of $5,485 marked.
Expect a massive BAC rally in the next 1 hour 15 minutes which will erase VZ's $3,400 loss. He's got BAC right where he wants it.
Expect a massive BAC rally in the next 1 hour 15 minutes which will erase VZ's $3,400 loss. He's got BAC right where he wants it.
He gets kicked twice while he is down.
- Wouldn't that be hilarious if BAC rallied to $29.01 while Vanzandt is asleep at the wheel.
- His calls are auto-exercised.
- BAC falls on Monday.
- He doesn't have the margin to cover the shares so the position is liquidated at a loss.
That's the beauty of papertrading -- infinite capital. Also, no cost to borrow HTB shorts.doesn't have the margin to cover the shares