Hello from a long time lurker. I hope there is someone reading who can help me understand something. You see, I sold Puts. It's the first time and I'm confused about the way they are being valued and reported in my account. The strike price is $5 and I sold them for .75. The underlying stock is up and trading in the $9s. Because of the move in the stock price the price of the same Put has increased so it shows up as a loss in my account. The price of the stock also makes it less likely that the option will ever be exercised so I'll keep the premium and go about my business. I expect volatility in the stock price in the short term and move upward both medium and long term. Due to the the current stock price and my bullish outlook I would be pleased if the options were never exercised or (as the title of this post says) I would be happy to buy the stock at $5 - the strike price. [more]
My score has been abused by these income producing ETNs: [more]
No it's true, just look here:
kmr33kmr33's airline portfolio
My hat is off to kmr. My airline red thumbs hurt me. I find it hard to believe that kmr has such a good score with little work. Hasn't added a pick since June 24th?
This CAPS stuff is a gas! I entered my picks last Wednesday 10/8 and by Friday my rating was ~ 99.10. Plus, I was on the hottest member list, I had all of these cool charms and I was in the top 300ish. On Monday I got thumped bad and my rating went < 20. Tuesday wasn't much better. Today I have the 1 - day Hottest Member right now and am an All-Star again. [more]