So your estate would owe the credit card company, just the same as if you had run up your credit cards on anything else. The executor of your estate would have to sell something to cover the debts, and the stocks would be a likely a candidate. So really, in the event of your death, the credit card company doesn't have a specific claim on the stocks, but a general claim against all of your assets, before they are disbursed to your heirs.
Someone has pulled a bin Laden trade and has made nearly one billion dollars in puts for the SPY. I'm trying to find out more about this put that was made on the SPY.
Google " bin Laden trade put 4.5 billion " .
4.5 billion dollars will be made by September 21st, 2007, if the puts don't expire first and if something causes the markets to drop by 30 to 60 percent. Terrorism threat/extortion? China drop-kicking US dollars for the $10 billion they lost in sub-prime loans? US Gov being blackmailed?
You can read about it at this forum http://www.tickerforum.org/cgi-ticker/akcs-www?post=4669 The last pages of the forum holds the best information.
Are puts considered confidential or are they posted on the 'Net somewhere? Been looking for several days and can't find the information.
For instance, if you own stock now selling at $10 each and want to protect your portfolio against losses, you could buy a put option. Say, your stop loss is 10% loss. You would either sell your stocks when they fall below $9 each. However, this would not guarantee a stop loss because every seller would be freaking out and wanting to sell these stock. So, the stock price might even fall to say $7 each, missing your stop loss.
To hedge against the extra loses, you would have bought put options that would give you a right to sell your stocks at $9 each regardless of how low the stock prices would fall.
Another way of benefitting from options would be to write a spread. At the moment, because the market is bearish, writing bearish call spreads would be the best way to make a lot of money. However, because these spreads are credit spreads, no broker would let you write the spread, without you having an amount of cash in your account, should your credit spread go wrong and your written options get exercised.
These strategies of write credit spreads are better left to more experienced investors. If you are fairly new at stockmarket inveting, I would suggest that you put your money in less volatile investment vehicles like fixed income stuff like savings bonds, CDs etc.
you are not just investing here, but have a business operations to take care of. without proper tools, how can you expect to compete with all the professional traders worldwide? and on Daily Basis??
I am just getting into stock trading and have red a few books. Or actually, I am still in the process of reading a few good books. I have an idea of my stock strategy, but would like to know the best discount broker for this strategy.
My strategy is basically a growth and value investing strategy. With this trading strategy I will likely buy/sell a few stocks per month. Definitely not day trading. I might buy some stocks that fit my criteria and then also buy more of that same stock when it goes down in price and still meets my criteria.
I will also probably not use my broker for most of my research, but an outside source. So really I just need a broker strictly for the trading. So I am wondering what the best "bang for my buck" would be in this situation.
Any and all help will be greatly appreciated.
Thanks everyone.
Hey guys thanks for the help………………………I am actually in the U.S.
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Some of the more commonly day-traded financial instruments are stocks,stock options, currencies and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures.
Day trading used to be the preserve of financial firms and professional investors and speculators. Many day traders are bank or investment firms employees working as specialists in equity investment and fund management. However, day trading has become increasingly popular among casual traders due to advances in technology, changes in legislation, and the popularity of the Internet.
www.optionetics.com is thorough, but expensive.
if you desire stock market (even Indian Stocks) you should go with technical analysis (search engines like Yahoo, Google, MSN give you link to may sites) – it is like swimming in sea shore.
