December 2008

December 31, 2008

shorting DIA puts?

trading puts calls
tmac5445 asked:


is shorting DIA puts for the 110 mark a good idea. Chances are largely in favor of the DIA not droping over 1,000 points in the next 5 trading days but my question is do people short these unlikely calls or is it too risky?

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December 29, 2008

Sold (Traded) A Saddle, Now The People Want To Return It?

trading puts calls
mcdannells asked:


Hello Friends,
I traded a nice Aussie saddle for misc. things to a couple in a group we are in.
Just this morning we get a phone call wanting to trade the saddle back. We had already traded off a few of the things from this trade…and they had it on there horse so we do not know what kind of condition this saddle is now in.
I did not talk to the lady, but Mr. took the phone call and told me she wants to trade back.
This puts us in a BIG bind. I have been trading around most my life and can not remember when someone did this to me in the past. A trade is a trade. If they bought this saddle from us this would have been a little diffarent….I would have put the money aside. However they needed a saddle and did not have the money to pay for it.
What would you do, or what are your thoughts…
I will add the saddle while in our hands was very clean and no ware was present. We do not no what to do with the items we already traded, sold off that was part of this deal.
We are new to this group where we met these people. This brings up a hole host of problems. These people know everyone while we only know a few people in the group. So politics is involved….
Add, nothing wrong with the saddle at all, very sound. I was gong to use it on my young filly, but for health reasons this has to be put off. We told them we have a nice roping saddle they have a option to have as well. They choose this Aussie saddle for it looks flashy.

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What are some services you would need done around your house a 14 year old could do?

trading puts calls
megagenius11 asked:


I am going to start a whole summer service for my neighborhood. I was thinking I could mow lawns, edging, weeding, gardening, babysit, petsit, clean houses, have a morning wake-up thing, summer tutoring, and stuff like that. I was going to put it all togeher as my service called Emotion-of-all-trades, Emotion is my name. i want to have a little of everything so I can be the neighborhood helper. Are there any other services you can think of. I want to learn others and practice so I can do a good job by summer for people. Just anything that comes to mind that you wouldn’t mind a 14- year-old doing.

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December 26, 2008

Can we agree the Tigers need a big left handed bat?

trading puts calls
Moose–is proud of the US Army:) asked:


If so, than why did they let Adam Dunn pass through waivers? He had to pass because its past the trading deadline and thats how they get traded. Did the tigers put in a coin or chip or whatever its called? Dunn is a proven power who can help… while right now our big lefty is Granderson or Joyce… Granderson is a leadoff guy while Joyce is too young to say he can do this for years. He might pull a Hessman or Thomas or something. (You know, start great and then just slowly fade away)

So am I missing something or did the Tigers let Dunn slip?

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December 20, 2008

Is there a way for the average investor to make $ in the stock market?

trading puts calls
jazzyguy17 asked:


I just started investing in stocks this year and am finding the maze of details and information about investing methods overwhelming. I’m also sensing that those who make careers of this are in a much better position to know how to trade, whether using options, calls, puts, etc. I signed up for a number of newsletters from professionals who then try to sell me their services, claiming they have inside information that can make a lot of money. They charge anywhere from $100 to $6,000. for their “inside information”, and while I’m sure they know much more than I do I’m wondering what the rewards vs. risk is if I decide to use their recommendations.

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December 18, 2008

How old do you have to be to open a brokerage account in the U.S. to trade call and put options?

trading puts calls
Steve Y asked:


How much money do you need?

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December 17, 2008

Do I have to 1) file a U.S. tax return and 2) pay U.S. taxes for gains from the following activities?

trading puts calls
wonder asked:


a) shorting stocks listed in U.S. stock exchanges (borrowing the stocks to be sold, and later repurchasing identical stocks for return to the lender)
b) trading stock option, such as buying calls and puts

I am a nonresident alien (Canadian) and filed a W-8BEN. I greatly appreciate your answers. If possible, I would also like to know which documents could point me to the answers.

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December 10, 2008

Option trading question?

trading puts calls
pps p asked:


Hello, I understand that first of all we need to know how the future price of the Underlying security is going to be bullish or bearish or neutral…..Then after finding out the trend we have to select the strategies…..I am really having trouble here in really correct trend…..

If you are successful option trader How do you come to conclusion that you are going to bet the price of security is bullish or bearish or neutral?What Kind of analysis you do?Do you use put/call ratio like something as a Indicator for confirming the trend?Please share your ideas How to Jump to conclusion to bet that product’s price will be bullish or bearish or neutral?Please explain to me in simplae and clear way……I do not have trouble in selecting the strategy after find the trend ie, bullish or bearish or neutral……I need some experienced Option trader’s confirmation for the basement of selecting the trend?

Thank you.

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