Nice find. I saw something similar (though less extreme) shortly after the bankruptcy, but also couldn't trade it. The thought has crossed my...
Can you use a constructive sale to book a loss? Pub 550 and the IRS code specifically refer to constructive sales of appreciated financial...
I'm not too familiar with RegT margin rules, but I think I remember reading on IB's website that they don't guarantee that positions will be...
I looked back over my records from last year and my previous post was a bit off. There was one fund that I shorted overnight and was never long....
Thanks mskl. Do you mean profitable if you can earn the large spread? I generally stay away from these as well but usually feel compelled to...
The couple times I've only been short in a year, I've received a K-1 that had zeros in every box. I assume the same would happen if you only went...
One other caveat is that margin requirements could be substantially higher while the adjustment is being determined. Some positions might need to...
It's unlikely the puts would be exercised, only the calls should be. The market doesn't think the new Dell shares are worth very much, so most of...
The adjustment should be the same, regardless of long/short call/put. A put with 110 strike becomes the right to sell between 150 and 181 shares...
You could sell it as part of a spread and then close/exercise the other leg (so you don't run into wash sale rules). If you can give your broker...
Have a look at the SNAP MKT and MTL (market to limit) order types. I think those will do what you're describing.
There have been a number of posts in this thread that I think confuse what is legal and what most IRA custodians will permit. I had spent quite a...
There's a lot of industry opposition that has shut down people who have tried:...
That's only for fixed pricing, right? I don't see a similar section on the tiered commissions page. Presumably it's to prevent you from...
I think that's pretty much always true if the broker sells their order flow, and often the case with smart routed orders as well. If I direct the...
You pay interest for the period from Tuesday 17:00 to Wednesday 17:00. The way this shows up on your accounts statements at IB is that on your...
If you hover over the price, a popup shows up with trade conditions. "O" is the open and "6" is the closing print. You can also go to settings...
I think this gets at the crux of the matter, so I'll just focus on this point. T+2 doesn't mean that the trade settles exactly 48 hours after it...
You're not paying interest for Wednesday or Thursday. The transaction settles Friday, and that's the first day that the cash leaves your account...
It doesn't matter that you don't receive the assignment notice until Thursday in the early morning. It was exercised on Wednesday and settles on...
Separate names with a comma.