Recent content by TheMaskedNewbie

Well, it's not only help on taxes that I need (although yes, taxes are much simpler for futures options than for securities). I want to find a CPA who can provide me with a full range of services and advice on an ongoing basis, considering that I've never started a business before and can't...

I'm in a somewhat similar position, trying to find a reliable CPA to jumpstart my self-employment as a systematic position trader of futures options. In my experience, I've found that most CPA's don't have any familiarity with handling the complexities that trading on a professional level...

Exactly, which is why my quip was muted sarcasm.

Well, this is how clubs get started in the first place...I’m glad to know someone else out there knows what it’s like. How long have you been interested in derivatives structuring? I've been at it for ten years and I recently hit pay dirt with an automated little gem that I finally got...

Thing is, I just don't want to run into any unintentional closeouts when compounding the structures, so I limit myself to three derivative types per contract month at all times (either a combination of long futures, short puts and long calls OR a combination of short futures, short calls and...

I'm technically a 'kid' when it comes to speculative derivatives structuring (<30). I have a position trading method that I’ve developed independently, but I don't have the personal net worth to open a retail account for trading futures and futures options, which would be fine to begin with...

It would, but for the purposes of my method, condensing these two positions into a long put by itself just wouldn't be practical.

Thanks for the answer! To answer yours, it's only part of a larger structure, but I can't exactly give away the finer details for everybody to see. It does defy logic when considered in context by itself, I’ll certainly give you that :cool:

I've been reading up on things as a beginner, and since metals futures are my chief interest, I thought I'd post this query over here, even though it could apply to any futures underlying. If a trader is setting up an intracommodity structure that has a portion containing both a short futures...

I actually have several ideas on the backburners, but this one seems to be the easiest (in principle alone, and I stress that), which is based on the idea of an offshore finance company. I know they used to have plenty of offshore institutions like this that pushed all of their capital into...

Crud :eek: I just now realized this is the financial futures section. Well, live and learn...

Stock indexes are a rather nice idea, as is doing the roll yield in a discount/backwardated market as opposed to a premium/contango market, which both natural gas and wheat are now in. Instead of rolling down to converge with short futures and being exposed to an unlimited upside price risk, I...