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That will not generate a wash sale under US tax law. An SPX option is a cash-settled index option. It does not have an underlying security. Shares of SPY are not the same security as an SPX option. And an SPX option is not a contract to buy or sell SPY. It is something else.

No, it's not illegal. It is not illegal to execute that type of trade. Depending on the specific facts and circumstances, it may not produce the tax effects that you are hoping for. And if you do not properly report the transactions on your tax return, e.g., if you claim a tax loss that you are...

That link is about Canadian tax law The profile page for the OP says he is in Palm Desert, California

Negative delta That's a trans call Wants to be a put Option identity disorder not in the DSM-V yet

From Bloomberg: https://tinyurl.com/240514BBWeiss This is a gift link. A Bloomberg subscription is not required. The link expires in seven days.

Well, if the transition does not go smoothly, or if you discover that you just don't like Schwab's platform or their customer service... You can always move your account to e*Trade They never have any problems with their website, or their login, or their customer service... But when they...

Anyone else having trouble logging in today?

You in the UK? Or somewhere else? You definitely are not in the USA.

These are often identified as business development companies. BDCs are indeed a type of closed-end fund. They have to meet certain criteria, and they get special tax treatment. There are only a couple hundred of them out there.

The book addresses this argument in detail. What if you want or need a regular income stream from your investment? If you hold the stock long term, i.e., more than a year, then dividends are taxed at the same rate as capital gain.

I have just started reading this. I am on Chapter 1, and I am hooked. It is an eye-opener. https://www.routledge.com/The-Ownership-Dividend-The-Coming-Paradigm-Shift-in-the-US-Stock-Market/Peris/p/book/9781032273198

Matt Levine's column at Bloomberg has a fascinating discussion about firms that buy up life insurance policies and bundle them into trusts that become securities. And how some older folks are buying new life insurance policies with the intent of immediately selling the policy to an investor...

For equity markets, what about trusts? For example, a revocable living trust in which the grantor, trustee, and beneficiary are all the same person? And what about an irrevocable trust, where the trustee is not a beneficiary, but the trustee is not a professional fiduciary, does not hold a...

The original post has an image of a message from TastyTrade to the accountholder, and it has his complete e-mail address. No need to subpoena. They know who he is. LOL I don't think anything in this thread rises to the level of libel under US laws. But he's in Ireland, so, ya never know...

Where is all the electricity for the charging stations coming from? Nuclear power plants? Solar farms? Coal-fired power plants?

Answer = no

So in the near future, fiat money will simply not exist? Then what will Tether be pegged to? Or is Tether going to cease to exist? What will happen to the value of Tether when the US dollar ceases to exist? Where do you get your mushrooms?

Can you provide a link to an auto dealer in the USA that accepts Bitcoin for the purchase of a vehicle? Ground rules: Can be new or used cars. Must be a bona fide automobile dealer that is licensed by at least one of the 50 states of the USA. Must have a website where I can look at their...

Really? I did not know that. So I can use crypto, instead of fiat money, without a bank, broker, or exchange, for ordinary everyday transactions, like, say, buying groceries? Or paying the rent for the premises of the restaurant business that I own? Or paying for health care? Isn't that the...