BOXX ETF uses index options to exploit US federal income tax loophole

Discussion in 'Options' started by BMK, Mar 2, 2024.

  1. themickey

    themickey

    You can compare it to whatever you like, I just used QQQ because everyone knows about it.
    There are other ETF's which exceed QQQ but QQQ is a reasonably good long term performer, hence why I used it.
    BOXX you cannot trade, its a buy and hold product.
    QQQ you can trade and if you did this past year you'd exceed 50%.

    So tell me why I'm obtuse?
     
    #11     Mar 3, 2024
  2. newwurldmn

    newwurldmn

    it’s why SPY doesn’t incur capital gains when there are index inclusions and deletes.
     
    #12     Mar 3, 2024
  3. newwurldmn

    newwurldmn

    because it’s apples and oranges. Compare it to sports betting instead.

    the fact you can’t see how irrelevant your comparison is is what makes you obtuse.
     
    #13     Mar 3, 2024
  4. themickey

    themickey

    Absolute nonsense!
    Buy BOXX, get 5% max. Pathetic unless you don't know how to trade and risk averse.
    Plenty of better stocks and etfs abound.
     
    #14     Mar 3, 2024
  5. themickey

    themickey

    One can buy crypto etfs and make 10% in a week, easily!
     
    #15     Mar 3, 2024
  6. BMK

    BMK

    This product isn't meant for traders. It's for someone with a pile of cash that they want to park somewhere, for over a year, with little or no risk, with high liquidity. It's for someone who has been holding short-term treasury securities for this purpose. This product is an alternative that offers the same return with a lower tax rate.
     
    #16     Mar 3, 2024
  7. newwurldmn

    newwurldmn

    Historically you have posted good stuff.

    Today, you are being a moron. Did a kangaroo punch you in the head?
     
    #17     Mar 3, 2024
  8. themickey

    themickey

    Mate, you're the idiot!
    There is 52 weeks in a year, if just one week in a year you can't make 10% on a crypto etf, you're a cot case.
    This past week alone, 4 days hold, exceeded 10%. Not difficult.
     
    #18     Mar 3, 2024
  9. themickey

    themickey

    Old!
     
    #19     Mar 3, 2024
  10. themickey

    themickey

    Yes, I understand that. Plenty of traders trading who legally pay zero tax 52 weeks of every year.
     
    #20     Mar 3, 2024