Question: are spx options 1256 contracts?
Answer: - The S&P 500 Index (CBOE: SPX) is listed on a commodities exchange, taxed as a Section 1256 contract. - The SPDR S&P 500 ETF Trust (NYSEARCA: SPY) is listed on a securities exchange, taxed as a security. Other Section 1256 contracts: - Options on commodities/futures ETFs taxed as publicly traded partnerships.