@fanfarethank you in advance for your thoughts.
SECTION 1256 CONTRACTS 2021 1099-B
8- Profit or (loss) realized in 2021 on closed contracts -223.33
9- Unrealized profit or (loss) on open contracts-12/31/2020 0.00
10- Unrealized profit or (loss) on open contracts-12/31/2021 0.00
11- Aggregate profit or (loss) on contracts -223.33
This is what it says for my SLV call option trade. Isn't Section 1256 a straddle? I do not know why it is showing up as a Section 1256 contract. I am treating it like an option in my returns. It is a minimal amount but I am a bit confused.
