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Re: Options - was:Globex2 in home



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Nope.  Options are taxed as short term cap gains (taxed at the same rate as 
ordinary income).  Futures still enjoy the benefit of the 60% long term - 
40% short term cap gains split. The tax disadvantage of options is one 
reason (of many) that I do not trade them.

MT

At 10:51 AM 7/6/01 -0400, Bob Fulks wrote:

>Index-option profits are taxed like utures, I believe.