Recent content by statist

I need a status what is there not to understand or make ironic comments?

Is there a way to have a real time fx worksheet or at least an indication what batch of exchange rate is next DURING the year. Currently during the year it is a blackbox for me to know what will happen with my next trade regarding FX P&L. Any idea would be greatly appreciated!

My bad, sorry I wanted to type in ITM options. Thanks for pointing it out!

I am looking to open with sell CALL Plus PUT OTM options to gain market neutral status. Should I prefer the big or mini SPX contract in terms of a low spread? Holding period will be around 3-4 months. This is a special situation and not a trading approach. 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...

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...

I never understood this concept. It is just deferring taxes (which is good) but in the end I must pay taxes when receiving money out of the fund (at least in the jurisdictions I know at sometimes even moren then If u held the shares yourself right away). What am I missing. PS: "Or live in a...

If I am not mistaken my sold call option increases in value the same amount my sold put option decreases whereever I am. Portfolio value stays flat IMHO pls correct if I am wrong here (Time value should be in my favour and should be low anyway as options are deep in the money). The value of the...

PANAMA Selling Call Option SPX Strike 2000 Selling PUT Option SPX Strike 6000 Market moves 2% Down BUY/CLOSE SPX PUT (Profit realised) 2 secs later OPEN SELL SPX PUT Market moves 2% UP BUY/CLOSE SPX CALL (Profit realised) 2 sec later OPEN SELL SPX CALL TAX JURISDICTION BUY CLOSE Put and...

How often do I have to tell you it is a legal? Maybe you have to google dunning kruger effekt? But this is a new low as you do not even know the topic you are giving out "advice" about (tax laws in country x and going to jail). Maybe you are a good options trader but tax law is not your forte.

How can you pass this judgement without knowing the jurisdiction we are talking about? Insurance wrappers cost a lot of money i.e. 1-3% of notional and are not working in several jurisdiction. As explained several times this setup is completly legal wheras insurance wrappers are in some...

I would need strikes like 2400 and 4420 to feel comfortable risk wise (30%). The strikes are far to close and I would run a suicidal risk with those strikes, I agree.

Currently planing on having the legs in the same account due to possible margin restraints. Please elaborate how I can use OTM options to achieve a market neutral portfolio without any risk? Buying options is not working in the tax jurisdiction. I "need" a big option premium so that I have a...