You exclude US nationals from inception with your dramatically-inferior strategy. In your defense it's not as dumb as the guts strangle you had proposed. The box/roll requirement is a few hundred dollars per contract on 1256 indices... you're moronically suggesting futures switches (calendar spreads) with variation margin and adding risk to the system. The roll is cheap, a pure arb, and is complex enough to be missed. Yours requires a far larger haircut, risk, and is stupefyingly dumb.
ok, we get it. You are the only one smart over here, in this angle of the planet. Ok, continue to dispense your superior intelligence and greatness to the poor mortals of this thread. You are really a pleasant person to hang with! PS I did not propose any strangle! That was carried by the OP. I was criticizing it. You really have a retardation and comprehension problem. I advise you to get some professional help.
You did. You ran with his BS and then proposed a two week structure. I do have a problem with retards. You have no fucking clue what tax jurisdictions aggregate futures PNL and worse, your trade has risk and is inefficient on margin. Statist could trade a few thousand rolls with a mil, have overhead for a ton of other vol-positions, and realize a sizable tax loss while taking zero risk on the structure with the roll-arb.
I will let you in on a secret. I was perusing your thread as it came up on recent posts. I saw overnight's catch of your 120K typo. I thought it was odd so I checked your front end and saw DU. You're a fraud posting sim-BS and worse, you don't understand vol-products. You imply you've been at this for decades. The fact that you don't understand basic arb-structures means that you've been wasting your time for decades.
Statist --- you can trade a ten lot SPX roll with zero risk and declare a six figure tax loss. It's that leveraged... the roll is best practice. The other structures are just stupid.
Thank you for your post! Pls just accept the tax situation as a given, it is the law in the tax jurisdiction, nothing to argue about neither from you nor me. Future would be perfect to my understanding with very low spreads if it would work tax wise. Stated several times futures are not working on the tax side due to them being treated differently. There are some tax benefits to tax harvesting on the future side but they are limited. I will to some futures trading as well but limited. I have given a clear cut simple expample. Stated that the movement to the other tax jurisdiction is on the time horizon i.e. moving from Panama to tax jurisdiction at a a given time. All Legs will be in the same account at IB in the US (account location). When I talk about realized profit it is a realized profit in a tax sense not in a portfolio sense. So i ask the question again which underlying should I choose, SPX I will look at. What about oil , currencies, interest rates, Nasdaq Options. I am looking for options that allow SELLING way out of OTM options. I will sell some calls on the stocks I have sold short and close the short stock position. Thanks again much obliged!
Thanks for your post! I am always open for errors in my doings! The tax officer will see an account with REALIZED losses in year x+1, he will not see year x at all while in Panama. X+1 is the year moving to tax jurisdiction. He will see a yearly p&L report which starts at the beginning of the year. He does not see any unrealized changes during x+1 nor does he see the total amount in the account at year end. Again you are assuming I am in the US and must show the value of the portfolio at years end. Transaction reports are being used for the tax declaration so no overall value shows. Apparently you are stuck too much in your local tax mind, no offense and no irony here. Thanks!