When you say I don't have a cost of trade or date acquired, it appears to me you are treating this futures contract trade similar to a stock trade. I can understand this seems to make sense but still it is not clear to me this is the appropriate treatment for futures contracts. Do you have a reference you can point me to verify this treatment of futures contracts?
When you say I don't have an unrecognized gain because my positions were marked to market. Yes it's correct they were marked to market, but I'm not clear how this implies no unrecognized gain. Aren't section 1256 contracts ALL marked to market? In that case, what would be the point of part III at all if people never used it (because everything on the form is marked to market anyway).
I'm not planning on listing anything in part II. But apparently part II isn't for listing all losses anyway, only losses on straddles. It's possible for me to have a loss on other positions (which I have) without having losses on straddles.
@fanfare
