Add training workflow, datasets, and runbook
This commit is contained in:
@@ -0,0 +1,15 @@
|
||||
Chapter 41: Taxes 931
|
||||
in any of the strategies. Commission costs and the dissipation of time value premium
|
||||
in purchased options will both work against the strategist.
|
||||
A tax advisor should be consulted before actually implementing any tax strate
|
||||
gy, whether that strategy employs options or not. Tax rules change from time to time.
|
||||
It is even possible that a certain strategy is not covered by a written rule, and only a
|
||||
tax advisor is qualified to give consultation on how such a strategy might be inter
|
||||
preted by the IRS.
|
||||
Finally, the options strategist should be careful not to confuse tax strategies with
|
||||
his profit-oriented strategies. It is generally a good idea to separate profit strategies
|
||||
from tax strategies. That is, if one finds himself in a position that conveniently lends
|
||||
itself to tax applications, fine. However, one should not attempt to stay in a position
|
||||
too long or to close it out at an illogical time just to take advantage of a tax break. The
|
||||
tax consequences of options should never be considered to be more important than
|
||||
sound strategy management.
|
||||
Reference in New Issue
Block a user