Buddy asked:


For index option trading, there is a 60/40 rule. 60 percent of the profit is considered long term capital gain. 40 percent is considered short term capital gain. Does anyone how to report this in turbox so that turbotax knows the 60 percent part is for long term capital gain?

Thanks.
Thanks.

BTW, I use turbotax online. How do I manually override with “long term capital gain”?

Tessie asked:


I just learn option trading and I don’t know how to use the call spread. Any ideas? Thanks.

M45goi89 asked:


I’m looking for a free, no obligation site. I know very little about option trading and would like to learn simplified methods from the beginning.

mimi asked:


I think I understand the basics of option trading like calls and puts. What I need help is why an option May put has a strike price of 55 when it’s underlying stock is at 52.03 in Feb? Isn’t the put for buying it down?

▲ßûІІѕ vş ßèāŗѕ▼ asked:


I see my account is set up for that and also for margin trading.

do I have to go through broker for option trading or i can do everything online myself without dealing with them?
If i want to get long term APPL option today how much would it cost and how to start?

Baby Ern asked:


I am new to option trading. But have tremendous interest. Anybody know any good option trading guru around whose seminar/class/training session worth attend?