Heads up to others that IBKR has ended TPLUS1. Not sure when this happened but within the last few months. Discovered when I tried to use it...
Believe you can do this in Risk Navigator. Alternatively, create a combo order that flattens the position and check margin.
Most brokers have a power of attorney type form that the account owner can submit which allows you to legally trade the account.
There's a lag in borrow fees on the statement. Borrow is on T+0 and stocks are on T+2 so the price used in the calculation lags by two trading days.
Could be the borrow fee then. AMC is running 10-20% annualized so if you're short 4k worth that's 1-2/day in borrow fees. This shows up on...
IBKR has set initial margin limits against meme stocks at 300% so your max short is ~33% of account equity, in your case 13,000*33%/50=83. Typical...
Works fine for me but the buttons on it are probably not good for my grandmother, can carry around in my wallet like a credit card without...
https://www.marketwatch.com/story/trading-scheme-may-cost-market-almost-1-bln-broker-ceo-says My memory of the incident was a bit hazy but TP...
Let's see what the weekend brings. The more I think about it, the more I get a sense that Robinhood could have been put into a questionable equity...
I think IB should have continued to allow trades that don't pose risk to the firm like long stock, long options, short cash covered puts, and...
Did you even watch the video? TP explicitly states that IB is solid with 9bn of risk capital backing its obligations to customers and clearing...
I have a short ES position to partially hedge my portfolio downside risk. My issue with it is twofold: 1) I think I'd actually rather be selling...
Rumour heard on Twitter is there was a ransomeware attack but who knows.
You do if you want to avoid AML problems. Don't ask me how I know. 50bps is a market rate for online savings - ALLY and DFS also.
Marcus/GS offers a 50bps online savings account. C is at 70bps. Don't think there's much to read into the "high" rate, and regardless this is...
IB is reinstating a program that they used to have back in the day. I don't remember exactly when they discontinued the original notes program but...
Bad idea but depends what's in your portfolio. IB went from 15% maintenance margin basically across the board to 100% for some relatively stable...
FSU is correct; I wrote carelessly. There isn't gap risk from early assignment per se. I was thinking of the horror stories where early assignment...
You won't have a margin horror story selling naked puts. People that have problems are long ITM calls and puts that are auto exercised and margin...
Yes about the margin. Sequence for early assignment is your counterparty exercises puts on Monday (T+2), you are notified on Tuesday morning...
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