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Author: jewel99 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6186  
Subject: Re: Spread Betting Date: 8/22/2002 9:10 PM
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No ruling from the tax office that I'm aware of but it's a fine line,

But not everyone is convinced that the Australian Tax Office will see it that way.
It will be interesting to see how the tax office reacts to this. Probably will know till tax time next year.

The reason I was interested was I wanted to use options as insurance against the current decline and thought spread betting might be cheaper.

However my current thought is I should have been using stop losses as insurance. The best broker i have found so far that offers stop losses is AOT. aotonline.com.au $33 per trade if you do 8 trades per month.

Sorry to go off the thread a bit(new to this) but does anyone have experience with AOT or could recommend another Stop-loss broker.

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