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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 49.44+5.3%4:00 PM EDT

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To: nicewatch who wrote (206600)10/26/2025 10:32:51 AM
From: robert b furman   of 206661
 
Hi Nicewatch,

Thank you for the link.

After reading all of that IRS-ese, I recall having done a trade that was reported in the 1256 column on my 1099B.

It required the 60/40 split and a huge amount of confusion on what had really happened.

I never really understood the trade but realized that trading those instruments requires constant monitoring and that does not fit my trading style.

Long story short , your first comment on not trading those instruments is totally on the money (for me).

So kind of you to not only provide the info, but even better to include some excellent advice.

Thank You.

Now if you could only help me get out of the cellar in NFL game. <smile>

Warmest Regards,

Bob
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