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North American Energy Partners Inc. Message Board

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  • Sorry I didn't get back to you sooner, DB. That was Tiger playing TVIX, not me. For clarification, she was wearing the green bathing suit; I was in pink.

    Been meaning to share this on the board and thanks for reminding me…lately I've been trading index ETF options and I think I may give up trading equities. There's an odd tax advantage that says, among other things, regardless of how long you hold them, non-equity options are taxed at a rate of 60% short term and 40% long term {I may have that backwards}. On top of that there's no wash rule. I've been playing with it for a couple of weeks now and I'm getting more and more comfortable.

    -Stan-

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    • Tiger...and I thought it was you. I should have taken "the picture" out of my wallet and checked before posting.

      I blundered into this TVIX run and it has been remarkable. ETF options...man, you are sure holding the lit match. I shouldn't ask this but how in the world do you value them...or do you just trade the charts?

 
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