Options 201: Beyond Obi-Wan-Kenobe Message Board

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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: Dan Duchardt who wrote (819)	3/25/2003 6:13:38 PM
From: jt101	Read Replies (1) of 1064

Dan, inspite of some research, I am still confused about a few issues related to futures account/M2M election. I would like to know - About 1256 transactions, what are the issues/limitations related to straddle and hedging transactions? I tried to read some material, but I didn't understand it well... - Which indices and their options are covered under 1256 transactions? (QQQ/SPY/DIA/DJX/OEX and their options also?) I doubt QQQ and its options are covered, but I am not sure. By the way, is there any difference between DIA (Amex) and DJX (CBOE) options? I am not looking for a detailed explanation, just a few basic things in simple-to-understand terms... Thanks...

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