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So, no answers to the OP (me) question?

My understanding is the cap means the first 60 percent gets the special tax treatment. Amounts over that are just not eligible. It’s not a disqualifier for the whole amount.

Yeah, guys I wish I could post the link, but I figure most folks don't have a WSJ subscription. Not a back door Roth. Apparently only like 7% of taxpayers use it. I think the catch is you cant have too much earned income in addition to the cap gains. It's for folks who mostly have cap gains to...

Ok, so, if I qualify, my Sec. 1256 taxation drops from a blended rate of 60%/40% to 0%/40%, about 15%? That's friggin' awesome? What administration do I thank? Can I go back and amend to 2008? I'm still skeptical, though. My gains are short-term, which is what Sec. 1256 trades are, mostly, but...

An article went through how many people qualify for this rate, and it was, to me, surprising; you can find the article online, if you are a subscriber. What I was wondering, though, is, if you qualify, if most of your gains are Sec. 1256 (60% long-term and 40% short-term) does this rate apply...

Just what I thought. Thanks.

Confused. I want to be short M1 and long M2. So, I buy the spread, right?

Sell the M1:M2 spread, currently around 1.35, if I think contango and the roll downward will continue until expiration, right? Or do I buy the spread? (Having an early morning brain fart out here on the coast.)

Interesting. So join the CME? How does that work with IB?

Can you elaborate? Where do I park the cash? How is TT different than IB booktrader? Thanks much.

I’ve been scalping ES options lately and, although I’m making money, IB is making a lot, too. I think I’m going to hit a grand in commissions and fees this month. This makes me wonder about TT and paying a flat $500 a month in commissions and fees. I’ve never used trading technology that’s...

Thanks much for the info. (IB hasn't replied to my email, on this.)

That blows. I'm cheap. I guess.

And what are the professional fees at CME?

Hey, thanks much! Will definitely look into it. I do wonder, though, if I don't do it (self-certification), what would the fee hit be?

Any idea how much the fees would go up? Trading almost exclusively options on e-mini futures.

If I, for tax reasons, turn my IB account into a LLC and a S-Corp, does that mean I have to notify IB and pay higher commissions and data fees?

Odd extrapolation.

Cool. Tks.

Don't need that size for the office, but thanks for the general idea. I presume that's cheaper than a hangable two in one computer. Any idea on data sources. Or just use my broker (IB) as best as I can?