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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: KFE who wrote (1173)	4/10/2000 10:06:00 AM
From: OX	Respond to of 1235

Hi Ken, re: QQQ options I exchanged some PM w/ dave_s about this this weekend sharing w/ him some of my views. QQQ trades more like an equity option, but IMO a strong argument can be made that it is more like a broad-based index option. I too would like to see some definitive ruling. For tax yr 1999, I filed them as equity options since I had so many other things going on (and should I get audited, I will press to change my QQQ options treatment). But I think starting w/ 2000 taxes I will go ahead and treat them as 60/40 and see if the IRS balks.