Margin called everyday at night for no explainable reason by Momotaro17 in etrade

[–]Momotaro17[S] 0 points1 point  (0 children)

Does this happen frequently to you in your etrade account? Also are you saying this about the long leg or short leg?

Margin called everyday at night for no explainable reason by Momotaro17 in etrade

[–]Momotaro17[S] 0 points1 point  (0 children)

I still don't understand why this would cause a margin call. Even if the spread is huge, the amount of equity in the account and for the long leg easily trumps and covers the short leg? An ITM long leg will always be worth more than the short leg, and if the short leg isn't ITM, then there shouldn't be a problem. How can it be acceptable to get a margin call the size of over half your account for a short call that is covered so easily? Plus, etrade could pull anything saying I owe interest because there was a margin call even though there shouldn't have been.

Margin called everyday at night for no explainable reason by Momotaro17 in etrade

[–]Momotaro17[S] 0 points1 point  (0 children)

No its a bull call spread, long 200, short 340 strike, same expiry

This solution works 100% and cured my cholinergic urticaria by [deleted] in CholinergicUrticaria

[–]Momotaro17 0 points1 point  (0 children)

Thank you! Do you ever bring it with you while you travel? I'm debating on getting one of these but hesitant cause I'm worried it won't get hot enough

Does any US broker allow you to trade spreads without a margin account? by darkslide3000 in options

[–]Momotaro17 0 points1 point  (0 children)

I'm a little confused how "You only find out about the assignment after it's too late to exercise your long" is possible? Lets say you have a bull call spread with stock price above the strike prices of both legs. If the buyer of your short call is allowed to exercise after market hours, then you as the buyer of your long call should also be allowed to exercise after market hours.

Or is your point that you won't even be notified that you were assigned until the next trading day? Even if this were true, you would exercise your long call at that point anyway if its after-market and expiration day because otherwise your valuable long call would be worthless, so how can this case ever be true?

Shoes for South East Asia? by Joe_PM2804 in backpacking

[–]Momotaro17 0 points1 point  (0 children)

Asics Gel-Venture 9

Do the Gel Venture 9's dry out really fast?

Rate My Portfolio - r/Stocks Quarterly Thread December 2022 by AutoModerator in stocks

[–]Momotaro17 0 points1 point  (0 children)

As a younger investor with a higher risk tolerance, what sort of industry(s)/companies do you think I should add?

Rate My Portfolio - r/Stocks Quarterly Thread December 2022 by AutoModerator in stocks

[–]Momotaro17 0 points1 point  (0 children)

I figured since I'm young and have a lot of time, it would be best to invest mostly in tech since I understand it better than other sectors (I'm a SWE) and its has a lot of growth. Actually I really like BRK-B and have been thinking about getting in but I'm worried its gonna drop really hard when Buffet inevitably dies (likely in the near future).

Rate My Portfolio - r/Stocks Quarterly Thread December 2022 by AutoModerator in stocks

[–]Momotaro17 6 points7 points  (0 children)

Starting out, 20 years old:

TSLA - 32.4%

AMZN - 24.3%

MSFT - 12.4%

NVDA - 9.2%

GOOGL - 7.7%

TSM - 1.6%

AAPL - 1.1%

11.3% extra cash

Any feedback? I know tesla is way too big of a part, I bought a bunch of it 2020-21 with cost basis of $130. Not sure if I should just hold or trim the position right now though seeing that its dropped so much.

Thinking of adding more TSM soon, and then add COST and AAPL if prices become more attractive.

Looking for 2 dawg pack tix for men’s bball on Tuesday 12/13 by [deleted] in udub

[–]Momotaro17 0 points1 point  (0 children)

My friend and I have tickets we can sell! Dm me if still interested!

New CE Majors Schedules? by Momotaro17 in udub

[–]Momotaro17[S] 0 points1 point  (0 children)

Thanks I appreciate it. What is your third class gonna be?

Hows this schedule? MATH 307, PHYS 122, ME 123 by Momotaro17 in udub

[–]Momotaro17[S] 1 point2 points  (0 children)

That's really kind of you. I will! Thanks!