The Traderszone Network

The yen edged lower on Wednesday, remaining under pressure as risk sentiment improved and safe haven demand eased.

For open market operations today, same as the amounts yesterday, 80bn injection:
Little change to the USD/CNY mid rate setting.
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ps. For the Bank of Japan watchers, the BOJ is buying JGBs in the same amounts as previous operation across the maturity windows

My understanding is that one of the requirements necessary for a call to be a qualified covered call is that it not be part of a larger straddle. Rev. Rul. 2002-66 has concluded that a stock, long put and short call (a collar) are all one straddle, and the call should not be treated as a qualified covered call.

What about a qualified covered call and an additional short OTM call? (long stock short 2 OTM calls, one “naked”)

Would this position be a tax straddle? How about a constructive…

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So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their ‘God-given right’ to a slice of the ‘American Dream’?  Well, you simply change the rules to allow mortgage lenders to ignore all that pesky student debt…anything less would simply be evil and potentially racist, sexist and all sorts of other -ist words.

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USD/JPY
– Sellers from current level through 111.50/60, then 112.00
– Buyers 110.80/90/00
Currently 111.33
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EUR/JPY
– Sellers 122.00, with stop loss buyers ahead of there (some being triggered as I write)
Currently 121.85

I noticed when reviewing Futures data (e.g., VIX futures) that occasionally the transaction posted will be between the bid/ask spread even though I have no option to select anything between them (e.g., VIX futures might be 14.05/14.10 and I see the latest trade posted at 14.07) when entering a trade.

How do I get between the bid/ask spread using IB? Or is that not possible?

These have been the subject of headlines the past hours already, but Reuters now with a bit of a summary I suppose:
And, earlier on these: