SPX Credit Spread Trader

Is anybody out there trading credit spreads from a retirement account?

I can't seem to get a clear answer on whether the IRS allows this or not.
 
Quote from rdemyan:

Is anybody out there trading credit spreads from a retirement account?

I can't seem to get a clear answer on whether the IRS allows this or not.
More...

IMO, the IRS will always be playing catch-up when it comes to their stance on options strategies. The bright/imaginative minds of traders have to develope the strategies first, then the IRS gets to argue about how to tax them. :D
 
The IRS has no problem with you trading credit spreads in your IRA account. There is a problem at some brokerage account but not at all of them. I trade at TOS with no problem.

George
 
Quote from ChrisM:

Options have taught me one lesson - it pays very often to be contrarian.

As long as pricing is favorable, I would get in. BTW - calls are easier to hedge as upward moves are not so violent as those going south. The problem is to sell them well - getting good fills, relatively far OTM. Sometimes I calculate Ansbacher Index for this, just for orientation.
More...

Chris or anyone could you enlighten us as to what the Ansbacher Index is? tia
 
Quote from DonnaV:

Chris or anyone could you enlighten us as to what the Ansbacher Index is? tia
More...

Donna, it is the indicator created by Max Ansbacher, a veteran options fund manager. Send me your email via PM and I'll send you an interview article of Ansbacher.
 
Quote from rdemyan:

Is anybody out there trading credit spreads from a retirement account?

I can't seem to get a clear answer on whether the IRS allows this or not.
More...

I am and have been since we have transfered to TOS which does let us do any defined risk trade in the IRA...it depends more on the broker than the IRS which could care less....
 
Quote from augiedixit:

What is SET, as discussed in the previous posts. Could anyone please expalin? I am still a newbie and trying to understand this term.

Thanks.
More...

The March SPX options stopped trading today (Thursday) at 4:15. The actual settlement price is based on the SET which is determined on the opening prices of the S&P 500 stocks on Friday. It can be a bit confusing so I would suggust you read the info from CBOE for more detailed information: http://www.cboe.com/Products/indexopts/spx_spec.aspx

ryan
 
I'm trading credtit spreads in my IRA - my accountant says they're ok. I don't have anything from the IRS to comfirm if it's allowed or not


Quote from rdemyan:

Is anybody out there trading credit spreads from a retirement account?

I can't seem to get a clear answer on whether the IRS allows this or not.
More...
 
You must log in or register to reply here.
Back
Top