Although IB and Thinkorswim may not have approval levels I would bet that you still have to qualify to trade options. If I am correct maybe the...
In his subsequent post Riskarb has done his best to satisfy your plea for clarification, so let's not hear anymore whining. Don P.S. LMFAO
I don't know what the implications of "declaring yourself a day trader" are, but if it means your positions are "marked to market" I suspect that...
I joined OX a few years ago because of their liberal options trading permissions for IRA's. I use IB for my taxable trades but still have my IRA...
The straddle rule says that if you substantially reduced your investment risk by investing in another offsetting vehicle you cannot take your loss...
I am pretty weak on tax laws, but since no one else answered I'll give you my two cents. I don't think you have to worry about the wash sale...
OptionsXpress is a decent broker, but their bond commissions are outrageous. They don't pay very high interest on cash so if you want to increase...
My impression is that things can happen beyond your control that suddenly puts you in margin hell. For example, if one side of a spread trade...
IMHO any liquidation trades done by Timber Hill have no bearing on this issue. Of course, I don't have any personal knowledge, but I am confident...
I would not be so sure that your "money is safer in the long run". If the speed limit was 55 mph and GM designed their cars so that the wheels...
No one said the customer is "entitled to a phone call" it's just common sense. Also, as I understand it there is no formula for liquidation....
So you would prefer that IB willy nilly sell out your positions. Makes a lot of sense. Your preposterous rational suggests an ulterior motive...
You may be confusing "margin requirement" with margin borrowing. Your example does not say how much money you borrowed. If you did not borrow any...
I don't understand why IB can't attempt at least one phone call. That doesn't seem like to much to ask before such drastic action. Does this...
I can't believe what I'm reading. IB takes a completely outrageous position to cut their customer's throat without notice and they are getting...
I always thought that the "cost of carry" is the hedging cost for the person holding the short call. Basically to be hedged they have to own the...
Relative to your covered call idea, that would require a naked call in your Roth and I don't know of any broker that allows naked calls in an IRA....
That's not quite correct. 4.313 is the benchmark rate and they pay a little less than that depending on the actual balance. For example, between...
Actually, I don't think that IB pays much interest on the credit balance from short stock sales. As I recall, on the first $100,00 no interest is...
Okay, I think I understand what you said. Was I correct in assuming that IB would not let you open a position if you did not have enough margin...
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