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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.
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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.

Paul
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