I am already bending over on my W-2 wage AGI anyway. At this point any extra amount on top of that doesn’t really make that much more of a difference. Plus I’d rather pay a larger tax up front than earn a lifetime membership to the exclusive Capital Loss Carryover Club that I almost earned one bad year a long time ago when I was greedy. Almost all derivative trading has to be short term capital gains anyway, because option contracts don’t normally last more than a year