2
votes
2answers
27 views

Why would someone want to buy an option on the day of expiry

If I buy an Out of Money option and the option becomes In the money on the Friday of expiry, can I still expect to sell the option and close my position at a profit? Or is my only hope is to exercise ...
0
votes
1answer
15 views

Does a large open interest with zero volume in an option give any clues to the trader

For a particular option, if Open interest has a positive value but volume is 0, does it give any clues to the investor? There are open contracts in that option for the underlying but how come the ...
0
votes
0answers
10 views

Comparing option data between yahoo finance and CBOE for SPY options

In this snippet from an option chart from CBOE website I am guessing that the chart is showing Call Options for Apr 25, 2014 expiry for the Strike of 155. But how come there are so many calls for ...
2
votes
3answers
248 views

Shall I collect receipts after paying with card?

I heard from some folks that it's wise to collect a receipt after you pay with a card. The reason they propose is that merchant can theoretically charge your card again after you left and receipt will ...
1
vote
1answer
60 views

Any problem if I continuously spend my credit card more than normal people?

I continuously use my credit card for my friends' expenses. Normally I could spend 20~30K USD each month to get more points/cash back. I don't have large credit limits so in most time I'll put cash ...
1
vote
0answers
11 views

How should I include pension contributions in my UK Child Benefit calculations?

I'm using the gov.uk Child Benefit Tax Calculator and I don't know how I include my pension contributions in the "Pension contributions deducted from your pay" and "Pension contributions not paid from ...
5
votes
2answers
529 views

How much in gifts can I receive per year in the US?

After reading IRS Pub 950 it appears one couple can gift another couple up to $56,000 per year. My question, how much can one receive per year? For example, take my girlfriend and me: Can we receive ...
6
votes
3answers
628 views

Do banks give us interest even for the money that we only had briefly in our account?

My father has just deposited Rs.95 Thousand in my savings bank account with Indian Bank that I have to pay as fees to my university. I was thinking of paying the fees 1-2 days later, as I will get ...
6
votes
1answer
185 views

What is an “Options Account”?

I am filling out the form to apply for a TDAmeritrade Minor Roth IRA. I understand what's going on so far, but on the actual application I see this form (I have checked off some boxes already): ...
0
votes
1answer
59 views

Evidence For/Against Real Estate Investing Vis-a-vis Investing in ETFs

Do people have good pieces of evidence about whether or not Real Estate is worth investing at all? What's a good measurement to decide this (e.g., simply looking at value increases?) If I have X ...
1
vote
1answer
41 views

Why IV and stock price are inversely related

What is the reason that Implied Volatility and Stock Price are inversely related? Is it possible to understand this qualitatively without getting into the math of the Black-Scholes formula?
0
votes
3answers
54 views

Why does an option lose time value faster as it approaches expiry

What is the reason (without getting too mathematical) that an option loses its time value in a non linear fashion (a.k.a. the time value is lost gradually at first and becomes very rapid in the days ...
1
vote
1answer
22 views

Online service that computes implied volatility

Is there a free online service that will give me the Implied Volatility of a stock or ETF based on the current option price? Or do I need to calculate myself in excel? I found this resource on IV but ...
2
votes
1answer
49 views

Moved to the USA from Canada; what is best to do with RRSP?

I am a Canadian and I moved to US at the end of last year. (I have a green card now.) I have less than CAD 50K in my RRSP from my previous work, and less than CAD 40k at banks. Not sure what the best ...
1
vote
1answer
24 views

Can a deeper ITM call be cheaper than a less deep ITM call for same expiry date

In this option chain for SPY Apr 25 calls the one with a strike of 170.50 has a lower price than the one with a strike of 171. But why is this? 170.50 call is deeper ITM than 171, so it should be ...
2
votes
2answers
173 views

Does SPY option prices fluctuate as much as its underlying

In this link on SPY options the Chg column mostly shows 0.00. Does this mean option prices don't change much minute to minute unlike the underlying?
1
vote
0answers
47 views

Best way to get started as a young engineer student trying to get into the financial world [duplicate]

to start of with I want to explain my situation. I'm a young student in my early twenties in my last year to finish my bachelor in engineering. I have literally searched for months now on Google and ...
1
vote
1answer
43 views

Allocation of HSA assets

I have a health savings account (HSA) linked to my high-deductible health plan (HDHP). I have been contributing to it for several years at the annual maximum. I have the HSA through UMB. The account ...
3
votes
2answers
85 views

Delayed foreign credit card transaction refund created “profit” due to better exchange rate - who keeps the profit?

So, I bought some airfare from a foreign airline, and their payment systems were stupidly slow and outdated (esp. when it comes to refunds!), so slow I actually made money due to the USD appreciating. ...
0
votes
0answers
106 views

What happened to GOOG-stock? Why isn't it 1.000 USD?

I just try to understand what happened to the Google stock. In October 2013 many newspapers wrote that the GOOG stock reached 1.000 USD. When I now look at the charts for this share and scroll back ...
1
vote
1answer
36 views

Can I get an assignment notice as soon as I sell a covered call

If I sell an American style ITM covered call, then in theory, can I get an assignment notice as soon as I have sold the call, since the counterparty can opt for early exercise? Does this ever happen ...
2
votes
3answers
72 views

Do I need to file tax form 1099 misc for my royalties?

I've self-published a book and have sold a few hundred dollars worth of books from the back of my car. (I know I need to pay sales tax on these books.) I have a simple sole proprietorship business in ...
0
votes
1answer
63 views

Is a 401k annual increase program relevant if I'm already maxxing out my contributions?

I currently enroll in my company's 401k program and am completely maxxing it out; i.e. I'm putting in the full $17,500 per year. The 401k provider (Fidelity) offers an "annual increase program" where ...
2
votes
1answer
62 views

How to sell a ring to someone in another country?

I want to sell a ring worth more than 10 000 euros. There is a one guy in France who is interested. I told him I am not in France yet, but will be there probably the next month. He said he is about to ...
1
vote
1answer
86 views

Is the address on 1040 and MD resident 502 my previous address in 2013 or my current address?

I am filing 2013 federal tax using 1040 form, and 2013 Maryland tax using 502 form. I have moved away from Maryland in 2014. So I wonder if I should use my current address or my old and invalid ...
-1
votes
0answers
21 views

Are digital payments a threat to the Credit card companies? [on hold]

I see Visa is investing in digital payments with smart phones etc but are the other digital systems a threat to the credit card companies profits ? How do you think the banks feel about digital ...
1
vote
1answer
17 views

Is the fund received to my indian bank from foreign bank taxable?

I am Nepali citizen and I have ordinary saving account in Indian bank. I was also working here for 2 years in the past(3 years ago) and I have PAN card and bank account. Now I am living in India for ...
0
votes
1answer
27 views

How to report “foreign tax paid” from 1099-DIV?

Is it correct to report Foreign tax paid in 1099-div to line 47 Foreign tax credit in 1040 form? But here http://voices.yahoo.com/how-report-amounts-form-1099-div-2439-11819489.html?cat=3 it says ...
1
vote
2answers
176 views

Can I afford this condo?

I just found a condo I really like and I am debating with myself whether it would be a good idea to pursue it from a financial perspective. I'd like to get some educated, objective opinions on my ...
0
votes
1answer
16 views

How to report specified private activity bond interest dividends?

From http://voices.yahoo.com/how-report-amounts-form-1099-div-2439-11819489.html, I learned that Specified private activity bond interest dividends reported in box 11 of 1099-DIV is the portion ...
1
vote
1answer
35 views

In 1040 form, where shall I report my “Total Capital Gain Distributions” reported by 1099-DIV?

In 1040 form, where shall I report my "Total Capital Gain Distributions" reported by 1099-DIV? It is not capital gain/loss, isn't it? Instruction of 1040 says: Instead, they are included on Form ...
-2
votes
0answers
19 views

How do you calculate the standard deviation of my investment when I leverage? [on hold]

Weight 35/25 Return 0.11 SD: 0.15 Weight 10/25 Return -0.04 SD: ? The thing is that I don't get 100% but I get 180% with those numbers and I don't know how I can calculate the sd, which helps me ...
0
votes
1answer
34 views

Can I use freefilefillableforms.com to report my federal tax?

In 2013, I reported my 2012 tax using www.freefilefillableforms.com, promoted by IRS. This year for 2013 tax report, I noticed that IRS says to use Free File Fillable Form when Income is above ...
1
vote
1answer
31 views

How to know if I can have NOL (U.S. tax)?

investopedia defines NOL to be for a company or business. So I think an individual doesn't have NOL. Is it correct? What is the difference between NOL and capital loss? What are their relations ...
3
votes
2answers
50 views

Which state shall I report my tax to?

I lived in Maryland state the whole 2013 year and the first 20 days of 2014, and then have moved to New York State since. I haven't had any income from Maryland since beginning of 2014, and I expect ...
-4
votes
0answers
13 views

What is the discount rate in the real project [on hold]

how can i analysis discount rate and effect of discount rate in to the financial analysis for country have a capital control how can solve the problem for fiance the project in the analysis of fiance ...
-2
votes
0answers
31 views

Shared home ownership issue [on hold]

A close friend purchased a home jointly with a woman in some ten or more years ago, I married couple. Within the first year the woman left the home leaving behind her daughter from another ...
0
votes
1answer
31 views

What diference are between carryover and carryforward in U.S. individual tax?

What diference are between carryover and carryforward in U.S. individual tax? Are they both to apply some current things to the taxes in the future? Carryover looks like only applied to the capital ...
6
votes
3answers
102 views

Do Credit card companies only process your transactions or pay for them?

Or do they actually pay for your transactions using money they've borrowed from the issuing bank ? ie, is the bank lending the credit card holder the money or is the bank lending money to the credit ...
1
vote
1answer
41 views

How to check about my unfiled tax return 15 yrs ago in the US or how to determine if I still have unpaid taxes to pay

I believe I may have some unfiled tax return in the US 15yrs ago. Although I filed for the 1st yr of my employment before and paid my taxes my last remaining months back then I believe I left without ...
2
votes
2answers
78 views

Can I withdraw cash from selling investments before the settlement date?

If I sell stocks, will I be able to withdraw cash from the proceeds that same day or will I have to wait until the T+3 settlement date? Does it depend on the brokerage?
0
votes
1answer
37 views

How early in a year can one report tax in U.S.?

Each year, I am almost always behind in reporting my tax. Besides I am often busy and may be forgetful, there are other reasons: Firstly I am not sure when W-2 forms, 1099 forms, ..., and other tax ...
0
votes
2answers
38 views

Accounting for paying bills for (and being reimbursed by) another person

I an currently using Gnucash to manage my expenses. I am new to double-entry accounting and find many aspects of it to be confusing. Here's a situation that currently happens monthly. I'd like to know ...
2
votes
1answer
33 views

Unclaimed Foreign Inheritance

I do not know where to start. My grandmother died in July 2011 in Guangzhou, China (she is a Chinese citizen). She owned an apartment, and money in her bank account(s). The biggest problem in this ...
-1
votes
0answers
42 views

How to take advantage of a credit card balance transfer offer

My credit card company is giving this1 time only offer: Since my limit is 8000 and since I spent only 2000 this month, 95% of the balance =5700 $...they would like to deposit in my checking account. ...
3
votes
1answer
82 views

MasterCard/Visa: For my second card should I stay with the same network?

I have a card in a country, and want to create another card in another country for convenience reasons. Let's say the terms of both networks are very similar for me, so I have no special reason to ...
-2
votes
1answer
28 views

What is the discount rate of a bond by default? [on hold]

What's the rate, and what's the compounding (annual, semi-annual)?
-1
votes
0answers
35 views

Looking for expense software that has these three features [on hold]

I've been having a hell of a time finding expense software that has three features: To reconcile with my banks accounts and credit card accounts Can accept digital pictures of my receipts, and ...
1
vote
3answers
115 views

Loss from selling mutual funds and tax in U.S

In my last year's tax form (1099 form) from a brokerage company (TD Ameritrade), I don't find my loss realized when I sold some mutual funds last year. TD Ameritrade said that the 1099 doesn't ...
-1
votes
0answers
36 views

Consolidated personal finances tracking solution [on hold]

I'm looking for some way to automatically collect my transactions and balances from my various accounts, add up what I have, subtract what I owe, and show me how things stand. There's my main ...

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