is this improper? lets say i want to get money out of my ira. go long 10 deep out of the money spx calls (in my rollover ira account) go short the same 10 deep out of the money spx calls (in my regular trading account) hope the spx does not go up too much. let the options expire worthless. take a loss in my ira. take a gain my non-ira trading account. (the gain will be 60/40 tax treatment as the are spx index options) no 10% penalty and 60% of the gain will be long term. is this improper? and why?