It was >$1MM. There is 2.3MM in there now, thanks. The account number was redacted.
Dumbest thread in history of history. As stated: he thinks the shorts underwrite the div-paid. Increase the Necksium.
You're not going to sneak a caddyshack reference past me. gunga lagunga.
I could buy your hovel 5X over with the money I'd earned counting single deck 21 with Uston's APC count.
IBKR is charging $12K initial to carry $7.1MM notional via conversions.
I'm not suggesting you're going to make 4-500% return on net liq. The only risk once executed is a change in rates or dividend. The conversion is...
I did, but I did so in the next post. You are asking the wrong question out of ignorance. Take a Valium, macbookproho.
TIMS/VV/PM margin req is trivial. $7MM in conversions (notional shares) runs about $7-8K in initial and maint at IBKR. Your return is...
You pay margin rates on the long shares. Margin rates <5% above $1MM in port-margin account. Calc rates to ex-div or expiration (more detail...
FWIW, my div arb is automated and I'm filling the short synthetics as 12 bps in net-edge. I've got $35K in carry against $78K received out to June...
Yeah, OP. It's +sum for the company when accounting for the (declared) dividend. I'm going to go beat my head against a wall.
Well then he's paying and receiving and assignment is a gift for Necksium-guy. What's the question? % of assigned calls is the wrong question. If...
There is no question nor answer that will result in anything but a head-tilt. Yeah, it was sarcasm. He should generally treat any assignment as a...
FFS. Really?
it's a tax on stupidity. If the dividend exceeds the extrinsic value in the call it's approaching 100% that you will be assigned prior to ex-div...
Brilliant, and no, the spooz closed down a point. AH saw MSFT and others with beats. Intraday rally off the lows to unch due to jawboning about...
lol
He was going to end the war in 24 hours.
If you're serious about trading FOs then I'd suggest something like CQG. Analytics are very good and a variety of skew models (interpolated, etc).
SPX was flat.
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