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mytendies OP t1_iuinime wrote

Those margin requirements are broker dependent tho right? And just to be clear, it would be the same "capital at risk" but the "buying power reduction" would be different for each. Correct? Just want to be on the same page

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qb_source t1_iuinv2s wrote

Yes they are, but generally they are lower for ETFs of broad indexes.

Edit: I think we are on the same page

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mytendies OP t1_iuiodw6 wrote

Yeah maybe I can look at "beta" and make an assumption. High beta = more margin required.

Need to get IV rank on here as well.

My goal is to have this report indicate "these are the "best" options to be trading today" from an efficiency perspective.

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qb_source t1_iuionrj wrote

It might be helpful to show if the underlying has dividends and if the underlying is a partnership or not, if you are going for efficiency in taxes.

Edit: corrected typo

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mytendies OP t1_iuir354 wrote

school me on the relevance of a partnership. Had not heard of that one.

I wanted to add ex dividend date, div yield, and next earnings date.

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qb_source t1_iuis46t wrote

By partnership I'm referring to LLPs, like REITs. I stay away from them because of the extra tax paperwork and the expenses that come with it.

I only mention them because of your focus on efficiency, specifically that as far as option trading goes, they are not worth it.

How the underlyings are taxed and how earnings are returned are additional ways to measure efficiency.

Indicating which underlyings offer dividends and how often and how much would be good too.

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mytendies OP t1_iuisi0s wrote

But if someone day trades an option on a REIT and day trades an option on SPY the gains/losses are subject to different tax treatments?

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qb_source t1_iuispyw wrote

I don't think so but there is a risk of getting assigned and then it suddenly becomes relevant

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mytendies OP t1_iuivg7v wrote

yeah fair, I figured it would only matter if you ended up with shares. Thanks for explaining

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