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Yesterday I red an article about how someone was able to turn $ 200 into $ 113,000 in just one day by buying call options on a particular stock. The article also showed a screenshot which appears to have been shared by one individual who claims to have made quite some money with this trade. I have never traded with ...
I have equipment estimated at 10 years with no estimated residual value. It has been 10 years, and the Accumulated Depreciation is now the same value as my equipment, the equipment is still usable, **what happens in the next year?** Will the A.D continue to rise past the value of equipment, will it stay the same...
What happens when my accumulated depreciation has reached the same value of my asset?
USA Taxes. Here are two possible scenarios: 1) **Purchase price is known.** - Jan 10, 2020 my brother purchases $1,000 worth of crypto (let’s say BTC). - Jan 15, 2020 my brother gives me all that crypto (but it’s already worth $1,200 since 5 days passed). - Jan 20, 2020 I sell all that and get ...
How to calculate cost basis for cryptocurrency gift?
i am working on general purpose AI, so I have a background in HMM's, RL. I am in the process of developing an app that uses online stream of data from multiple sources and produces a prediction (currently using past stream as present stream). What licenses would l need to deploy my algorithm (similar to high freque...
Assuming I have an AI Algorithm. What license I need to deploy the algorithm?
> From my understanding of Robinhood's options knowledge center, without the ability to exercise the option (i.e. I don't hold 100 shares nor have enough cash to buy 100), I cannot write contracts. Instead, I am only able to buy already written contracts, and I can only sell my contracts back to the market. In fact, Ro...
No one can answer your question because you did not specify the expiration. Since Robinhood averages the bid and the ask when providing their data and since I peeked at the option chain, it appears that you're looking at the August $40 call. The cost of acquiring the stock when buying a call is the strike price pl...
This question is a hot mess full of incorrect assumptions so here's the Cliff Notes version of what's going on here. The average cost per call is $0.057652 (about 5.77 cents). Since an option is for 100 shares, the average cost per call would be $5.7652 and 98 calls would cost $564.99 If the call's value rises ...
Yesterday I red an article about how someone was able to turn $ 200 into $ 113,000 in just one day by buying call options on a particular stock. The article also showed a screenshot which appears to have been shared by one individual who claims to have made quite some money with this trade. I have never traded with ...
I’m confused: Why would you ever buy the same strike price when rolling out a bull put spread if the price has moved against you? If the price ever falls below the price you sold the put for, you can get assigned even if the expiration date is rolled one week into the future, correct? Or am I missing something? I d...
Why roll a credit spread out and keep the same strike price?
My broker is Fidelity. I want to loan out all of my shares of my stocks to earn interest. How do I do that?
How do I lend my shares to other people?
Happy New Year to everyone I am in a confusing state. Also reaching out to a few Tax Advisors. Not sure if someone in the forum has experienced this. I am an NRI (Indian) living in Australia on Work visa for past 1 year. I am planning to sell off my US Startup share at around considerable 6figures USD. Thinking - Sh...
According to economist A. Werner and his [case study][1] this is because the banks do not need your money to create new debts..Excerpt: > An empirical test is conducted, whereby money is borrowed from a > cooperating bank, while its internal records are being monitored, to > establish whether in the process of ma...
Just like loaning out money carries risk, does loaning out your stock shares also carry risk?
Are there any risk in loaning out your shares?
You've asked way too many questions to unpack and it could become an exercise in futility trying to answer a lot of them because there's no reference point, namely a specific spread with opening prices for the stock and options as well as the strike prices, expiration, and current prices (stock and options). But I wil...
You've asked way too many questions to unpack and it could become an exercise in futility trying to answer a lot of them because there's no reference point, namely a specific spread with opening prices for the stock and options as well as the strike prices, expiration, and current prices (stock and options). But I wil...
I have seen these a few times, usually in after-hours activity. For example, the one shown in the below image. Is it a pre-scheduled (like 105b kind of) *Sell @ $115 of better order* hitting the market? or something else? [![enter image description here][1]][1] [1]: https://i.stack.imgur.com/M3H5A.png
What causes a sudden and narrow V-shape patterns in stock price?
Can anybody explain me please what Premium charges in CBOT Rulebook are - https://www.cmegroup.com/content/dam/cmegroup/rulebook/CBOT/II/14/14.pdf (section 14108 Premium charges)? I am somehow missing the point. Is it additional charge you need to pay extra when buying futures contract? Is it paid for whole time...
When you buy stock and are able to set a stop loss of up to 95% of your initial investment. This would mean if I buy stock for $100, which then skyrockets to $1000 but then drops to $100, no stop loss is triggered, despite a 90% drop in investment value. Is there a way to set a stop loss as a percentage of the value...
Can you set a stop loss as a percentage of the current value of your investment, rather than the initial deposit?
> How do banks / fintechs lend your money while you have constant access to it, ie. can withdraw at any moment? I assume there is some kind of liquidation pool, but how exactly is that managed with limited risk? So long as the bank is not insolvent and has significant assets that exceed its liability, a liquidity cr...
If your broker offers it, you can place a [Sell trailing stop](https://interactivebrokers.com/en/index.php?f=605) order. It sets the stop price at a fixed amount below the market price with an attached "trailing" amount. As the market price rises, the stop price rises by the trail amount, but if the stock price falls,...
> Will these new shares be dumped on the market all at once, do they get tricked out, or > is there some other way to get these on the market? The answer to this is "yes" without any qualification. See, they will hit the market - that is clear, the rest is up to definition. They can dump them on the market (ma...
Yesterday I read an article about how someone was able to turn $ 200 into $ 113,000 in just one day by buying call options on a particular stock. The article also showed a screenshot which appears to have been shared by one individual who claims to have made quite some money with this trade. I have never traded with...
I have just started a limited company in the uk and I’ve been contracting my services since jan 1st 2021. Previously I was being paid by an American company. All tax etc. was done in America and I was paid in dollar. My question is: now that I’m back in the UK and will be payed by a British company (my own company that...
Is personal allowance used up by being paid in America?
If a company goes public on say 01/22/2021 shouldn’t I be able to purchase shares from this company? Specifically I was trying to buy shares of UWMC (United Wholesale Mortgage Company). However, my brokerage firm (Fidelity) does not recognize the symbol HWMC even though when I enter it in it shows up correctly. It’...
Company has a public IPO on Friday why doesn’t fidelity recognize them?
If a company goes public on say 01/22/2021 shouldn’t I be able to purchase shares from this company? Specifically I was trying to buy shares of UWMC (United Wholesale Mortgage Company). However, my brokerage firm (Fidelity) does not recognize the symbol HWMC even though when I enter it in it shows up correctly. It’...
> How do banks / fintechs lend your money while you have constant access to it, ie. can withdraw at any moment? I assume there is some kind of liquidation pool, but how exactly is that managed with limited risk? So long as the bank is not insolvent and has significant assets that exceed its liability, a liquidity cr...
QIF (quicken interchange format) files support the notion of a split transaction where a given account transaction can be broken down into sub line-items whose individual amounts roll up to the overall transaction total. They may also have their own individual memos and categories. The file format denotes this with ...
My advisor is trying to sell me Segregated Fund / investment loan, in summary, it is something like this: 1. Canada Life (through National Bank) will lend me 100K to invest 2. The annual interest is 2.7% - that is $2700 per year for me to pay to Canada Life 3. I can only invest in mutual funds provided by Canada L...
Segregated Fund - should I get it?
Risks? - Your tenant may not pay rent. Eviction is often a long and costly process. And in the worst case the tenant will leave your property heavily damaged - The region may fall out of favour and the house depreciates. - The building may not have seen the necessary maintenance in the past and you will be spen...
In a scenario where I have invested £10k in an *asset class over 5 years, in this time I have done 1000s of transactions on different exchanges and bought and sold many different assets, a lot of which became worthless. For most of the 5 years, I have been at a loss. These assets are now worth £25k. I would like to...
How permissable is it to declare a summary of trades (verses detailed) when creating a tax return?
In South Korea, there is a concept called "jeon-se", which can be roughly translated into "lump-sum housing lease". It goes like this: An owner leases their real estate for a lump-sum for a year or so. When the contract is not renewed and expires, the owner must give the money back to the tenant, who is moving out. ...
How to manage the money I got from "lump-sum housing lease"?
In South Korea, there is a concept called "jeon-se", which can be roughly translated into "lump-sum housing lease" or "long-term rental deposit". It goes like this: An owner leases their real estate for a lump-sum for a year or so. When the contract is not renewed and expires, the owner must give the money back to the ...
In South Korea, there is a concept called "jeon-se", which can be roughly translated into "lump-sum housing lease" or "long-term rental deposit". It goes like this: An owner leases their real estate for a lump-sum for a year or so. When the contract is not renewed and expires, the owner must give the money back to the ...
In South Korea, there is a concept called "jeon-se", which can be roughly translated into "lump-sum housing lease" or "long-term rental deposit". It goes like this: An owner leases their real estate for a lump-sum for a year or so. When the contract is not renewed and expires, the owner must give the money back to the ...
If a company goes public on say 01/22/2021 shouldn’t I be able to purchase shares from this company? Specifically I was trying to buy shares of UWMC (United Wholesale Mortgage Company). However, my brokerage firm (Fidelity) does not recognize the symbol HWMC even though when I enter it in it shows up correctly. ...
In the US, with mortgage rates so low, I've stated that one should consider a 30 year loan vs the 15 year term. Simply put, history shows the market (as measured by the S&P) will exceed the ~3% mortgage over 96% of 15-yr spans over the last century. Still, there are those who ask me - "Would you recommend that people t...
In the US, with mortgage rates so low, I've stated that one should consider a 30 year loan vs the 15 year term. Simply put, history shows the market (as measured by the S&P) will exceed the ~3% mortgage over 96% of 15-yr spans over the last century. Still, there are those who ask me - "Would you recommend that people t...
It sounds risky. Well, not overly so, but what do you do in this scenario: * You buy the house for 300m * You pay 50m and use 250m from the renter deposit. Great. After a year the renter MOVES OUT. And you have problems finding a new one. Economy crashed, whatever. How do you handle the return of the 250m? You p...
In South Korea, there is a concept called "jeon-se", which can be roughly translated into "lump-sum housing lease" or "long-term rental deposit". It goes like this: An owner leases their real estate for a lump-sum for a year or so. When the contract is not renewed and expires, the owner must give the money back to the ...
If a company goes public on say 01/22/2021 shouldn’t I be able to purchase shares from this company? Specifically I was trying to buy shares of UWMC (United Wholesale Mortgage Company). However, my brokerage firm (Fidelity) does not recognize the symbol UWMC even though when I enter it in it shows up correctly. ...
In the US, mortgage rates are so low that there are those who ask, "Would you recommend that people take out a new loan to invest?" I typically respond "it depends" and actually lean towards a "no". [Again, to emphasize - if your question were simply "should I take out a 10 year fixed loan to invest in the market?" man...
You were in India for seven months during 2019-20. You travelled out of India without the intention of staying out of India for an uncertain period (got stuck due to COVID). You need to inform the bank about residency when you become a person resident outside India as per the FEMA. I presume that has happened when y...
Trendline comparison is a visual comparison. An indicator for testing for divergence would be quite simple because it's a merely comparison of two lines with opposing slopes offering the result that you seek, aka convergence or divergence. It's quite easy to determine the overall trendline for a set of data of a...
You've asked a lot of questions so this is going to be a really long answer. AFAIC, the first podcast by Russ Mathews is a combination of sloppiness and snake oil. I listened to some of the latter part of it where he put on a one week CHWY bullish put spread (short the $40 put and long the $39 put) as part of an Iro...
To discuss market making, it is important to understand what they were traditionally as well as what they have become. ### Traditional Market Making ### Traditionally, the profession of market making was designed to 'prop up' the liquidity of the marketplace throughout the trading cycle when there is not enough "na...
What is the advantage of using a regular credit spread (bull put or bear call spread) over an iron condor? The minimum profit for an iron condor will be at least the same as a simple credit spread (when one side gets struck) and at most much more than a simple credit spread when the market stays flat. If we have low...
Does 50 % of the float being short indicate a short squeeze ? The stock also went up 25% today at the maximum , normally it is an inactive dividend play which is what I wanted. I put in a short at 10% gain on the day. Generally , what action is recommended if you are in an unintentional short squeeze ?
Google Finance says the dividend yield of AMC is 2.68%, Yahoo Finance says it's "N/A", Marketwatch says it's "0.00%", and Robinhood says it's 17.95%. I'm very surprised to see that all these difference financial information sources disagree on this. I would have expected them to all report the same number. Is this kind...
The dividend yield of AMC is reported differently on different financial info websites. How do I know which is correct?
I was single in Jan 2020 and got married in Feb 2020. So is there something like filing a single for one month and then file as jointly for the remaining months? I was in the same state all time.
The news in the market for a few days is about **Gamestop** stock. The price went upto $150 today, and the reason mentioned by the news is that it is a **short squeeze**. What is **short squeeze**? Does it happen to all stocks? [![enter image description here][1]][1] [1]: https://i.stack.imgur.com/rDdRt.png
What is short squeeze?
I'm a dual citizen having grown up in the US, but working and residing outside of US for 20 years. I have worked for my US-based employer for 10 years during which time I've been paid in the US with basically the same benefits as my US-based colleagues (although I don't have US health insurance). For legal reasons my e...
What will I lose if US employer switches me to working for a foreign company?
It is quite simple. Many many people are short. The price goes up. That can lead to a short squeeze. How? People that are short loose money. At some point the broker liquidates their short position - which puts buy pressure at the market (as the broker is buying the outstanding shares at market price). WIth enoug...
It is quite simple. Many many people are short. The price goes up. That can lead to a short squeeze. How? People that are short lose money. At some point the broker liquidates their short position - which puts buy pressure at the market (as the broker is buying the outstanding shares at market price). WIth enough...
First time homebuyer figuring things out as I go. I pre-qualified for a mortgage of more than I can actually afford. The broker asked me how much I wanted to spend, and was given an approval letter for that much (about 35% less than what I qualified for). Is there any benefit in having an approval letter for more...
Should I ask to be approved for a larger amount than I will spend?
I have a cash-secured $4 Put Sell @ $0.41 through Robinhood; decided to do a low expense introduction to options. When this contract was opened, I was credited the premium of $41 and had $400 set in collateral. When I view the position through its monitoring services, the value has declined to $0.21 and the infor...
Since you're _short_ the put, you'd have to buy it back in order to close your position before it expires. If the put currently sells for $21, then you would have to pay $21 to close your position. So in a manner of speaking you "owe" this amount. Since you received $41 in premium and you can close out your position b...
Since you're _short_ the put, you'd have to buy it back in order to close your position before it expires. If the put currently sells for $21, then you would have to pay $21 to close your position. So in a manner of speaking you "owe" this amount. Since you received $41 in premium and you can close out your position b...
Since you're _short_ the put, you'd have to buy it back in order to close your position before it expires. If the put currently sells for $21, then you would have to pay $21 to close your position. So in a manner of speaking you "owe" this amount. Since you received $41 in premium and you can close out your position b...
I see this question has been asked before but it seems not from this angle. I'm leaving the country soon and I will not be able to continue contributing to 401K here. While some may argue that it is always beneficial to leave the money in the account until retirement I have a scenario that might disagree. In my hom...
Just offering some info which may or may not apply here as I don't know all the details. Depending on how many years ago this was, the statute of limitations to take any legal action or place negative info on your credit report may have run, though they can of course still pursue you for payment of the debt but only th...
Since you're _short_ the put, you'd have to buy it back in order to close your position before it expires. If the put currently sells for $21, then you would have to pay $21 to close your position. So in a manner of speaking you "owe" this amount. Since you received $41 in premium and you can close out your position b...
It is quite simple. Many many people are short. The price goes up. That can lead to a short squeeze. How? People that are short lose money. At some point the broker liquidates their short position - which puts buy pressure at the market (as the broker is buying the outstanding shares at market price). WIth enough...
I'm shopping around for solar and a company called me. I'm a bit suspicious, due to some what I think might be red flags: 1. The first caller could answer few questions, spoke with a heavy accent, could not tell me details about their physical store in the local area (they said the reason was they have many offic...
What is the danger in sending someone a copy of my electric bill?
I'm shopping around for solar and a company called me. I'm a bit suspicious, due to some what I think might be red flags: 1. The first caller could answer few questions, spoke with a heavy accent, could not tell me details about their physical store in the local area (they said the reason was they have many offic...
Let's imagine (purely hypothetical) that a hedge fund has shorted 100% or close to 100% of existing shares and has to cover them by Friday. What happens on that Friday when the hedge fund has to cover? Surey the price would go up but: - is it true that they are *forced* to buy any stock ? What if the stock price i...
What if there are more short positions than people willing to sell?
Most of working life was not subject to Social Security taxes (yes, this can happen legitimately in the US), therefore my Social Security benefit is very modest. My Medicare premium is withheld from my SS benefits, and in 2020 my monthly SS benefit was only a few dollars per month more than my monthly Medicare premi...
What eventually happens when my Medicare premium is MORE than my Social Security benefit?
Most of my working life was not subject to Social Security taxes (yes, this can happen legitimately in the US), therefore my Social Security benefit is very modest. My Medicare premium is withheld from my SS benefits, and in 2020 my monthly SS benefit was only a few dollars per month more than my monthly Medicare pr...
I know That tradezero doesn't have the PDT rule for the margin accounts. so as I understand if someone has 500$ account he can use them to sell and buy multiple times all the day. so I was thinking about the cash account . is it also able to do multiple day trades everyday with the same balance or there is a settl...
can I make unlimited day trades with a cash account on tradezero?
If I put my shares up for sale at a limit price (and good till cancelled), can they be shorted while my order is open?
Can shares for sale be shorted?
So I was looking at my account statements and I see this column: INCOME AND EXPENSE SUMMARY: MLP DISTRIBUTION (reported by partnership) : THIS PERIOD $134 YEAR TO DATE $134 [MLP image][1] [1]: https://i.stack.imgur.com/Dc9hN.png But I don't even know what is MLP and I never do anything with it, ...
What is MLP distribution in my statments?
Bid and ask chart are sometimes very different in its shape, like this [bid chart][1] and [ask chart][2] (USD/JPY, @OANDA platform). - At around 7:00AM on its [ask chart][2], ask price ranges between 103.580 to 103.650. - At around the same time on its [bid chart][1], bid price goes up as high as 103.740. *** ...
Bid and ask chart are sometimes very different in its shape, like this [bid chart][1] and [ask chart][2] (USD/JPY, @OANDA platform). - At around 7:00AM on its [ask chart][2], ask price ranges between 103.580 to 103.650. - At around the same time on its [bid chart][1], bid price goes up as high as 103.740. *** ...
Because brokers do not make the spread. The book is the result of the pending passive orders of actors, not the broker. If every actor decides to change his order book entries, then the resulting order book changes. You literally ask why the weather forecast people can not change the weather - they od not make the w...
I invest monthly into several mutual funds. Last week, I noticed a new fund I'd just invested a small amount into ($100) had grown by 12% in one week (now worth $112). I investigated the fund and it's climbing rapidly, so it's possible the trend will continue for a while. This got me thinking, what's stopping me ...
What's stopping me "day-trade" mutual funds?
I live in the UK but have some old share certificates registered with the company registrar in the US (the [EQShareownerOnline][1] site). I want to convert them to DRS (Direct Registration System) registration, and to do this I need to send the share certificates in (more info on this under the DRS and transfer topi...
Do I need a customs label when posting share certificates internationally (UK to USA), and if so what should I write on it?