The old stock is going to be cancelled and you will get a Trust Recovery security. --------------------------------- For questions...
Actually, it is the option exchanges and not the OCC that prohibits this to protect the interests of their own member firms (i.e., the market...
I had similar problems with the OEX/XEO pit trying to take an offer on April expiration Thursday.
Background on your right to receive electronic communications HOLDRS represent an investor's undivided beneficial ownership in the common stock...
TD Securities Continues Paring, Will Leave Philadelphia Market By KOPIN TAN DOW JONES NEWSWIRES NEW YORK -- Continuing to pare its...
Toronto-Dominion Cuts Back On Option-Specialist Business By KOPIN TAN DOW JONES NEWSWIRES NEW YORK -- Fifteen months after its splashy...
Cannot borrow the stock
I wandered over the Haas Business School library at Berkeley the other day and noticed that they do have a copy of Options Perception and...
I believe that any money that is needed to meet margin requirements for the futures account would be moved to the commodity side. All the...
This Friday (option expiration day) wait for the OEX to settle (around 4:05 or so). Then buy out of the money calls and puts during the last 10...
Cash deal worth $10.50 a share. Thus, unless the deal falls apart or another bidder emerges, this stock will continue to migrate toward $10.50
I e-mailed IB-Ernie during the first week of January regarding the missing option quotes. At first they were missing some of the exchanges along...
If the stock has listed options, you may be better off doing something there (i.e., buy puts, create a bear spread)
One good thing about IB is that there is no minimum. Thus, you can trade a 1 lot and will be only charged $1 commission (SMART routing).
You probably would have to register with the SEC (Form BD I believe) and the Boston Stock Exchange as the SRO. You may want to contact the Boston...
Since a covered call position has the same payoff structure as selling a put, you may want to enter a stop to buy a put. This should offset your...
Yes. If you trade after hours, you want to double check the broker's settlement policies (i.e., if it is still T+3)
As long as you have enough margin to meet margin requirements you would just ride out the short calls until expiration.
UAL?
Cooper Neff is owned by BNP Paribas. So if you interview with them, check out the parent company, too.
Separate names with a comma.