Clock, tax documents, and stress indicator representing the hidden costs of active trading
Speculation vs Income7 min

The Hidden Costs of Active Trading: Time, Stress, and Taxes

When evaluating a trading approach, most traders focus on returns and commissions. The visible numbers. But active trading carries three costs that don't…

Bernardo Rocha
Dark navy abstract graphic showing tax efficiency comparison between index options structures
Iron Condor Strategy7 min

Iron Condors and Taxes: What Options Traders Should Know

The underlying you choose for your iron condor has real tax consequences. SPX options receive Section 1256 treatment — a 60/40 long-term/short-term split…

Bernardo Rocha