Trading options in Europe

J

JFonseca

Hi,

I have recently seen a good article about naked selling put options. I am based in Belgium and I would like to know if there is any European broker where I can do this. Or if it is not possible to do it, can I open an account in an US broker? Will I pay taxes both in US and Belgium?

Thanks,
Joaquim
 
JFonseca said:
Hi,

I have recently seen a good article about naked selling put options. I am based in Belgium and I would like to know if there is any European broker where I can do this. Or if it is not possible to do it, can I open an account in an US broker? Will I pay taxes both in US and Belgium?

Thanks,
Joaquim
More...


1) Interactive Brokers

2) Tax will be paid in Belgium, if you complete the W8-BEN forms which IB will send you.

you're welcome
 
cvds16 said:
yes, but slightly more expensive if you are an active trader.
also don't think you invented the wheel by selling naked puts, quite a few people went bankrupt just doing that ...
More...

Sell credit spreads as the margin is a lot less. Have enough capital and portfolio margin to take delivery and then sell covered call/put if it goes wrong.
 
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