Thanks, appreciate your assessment.
I just recently checked with Swissquote whether they are able to accommodate proper box trades (i.e. all 4 option legs to be dealt at once).
Turns out they are not able to accommodate it via their internet trading platform but one can call the trading desk and place a limit order with them. Normal online option trading pricing is applied but the minimum cost is CHF 20.- per leg - i.e. minimum of CHF 80.-.
With SMI EUREX Options having a Multiplicator of 10 one can trade decent amounts at once.
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Pure insanity in my opinion…
It would be interesting to know if it makes sense. ChatGPT said it doesn’t make sense in ch, but I think it meant with the SMI.
Please do not rely at all on what chatgpt says about investing.
An LLM also doesn‘t “mean” anything. It can‘t.
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yeah yeah.
You can take it as “a guy said”.
Also it’s me that I don’t remember exactly what it said, not the explanation lacking.
Also big note: “it meant”…means the text meant, not that ChatGPT thinks that..
If you want me to be a bit more precise about the topic, I’d say that it’s about the spreads not being big enough I believe.
Can you elaborate?
Why do you think so?
Yeah, and @Tony1337 said that guy in particular tells you garbage more often than not. It’s like quoting Cramer as anything but a meme. This is not a meme thread.
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Lol.
Yeah, but the point stands. It mentioned spreads. The only additional thing to do is to check them. Which goes back to @Bengelinski that is probably more informed since mentioning SMI EUREX.
I suppose the correct thing to do is to check spreads to confirm that it doesn’t make sense with SMI.
Did you check it or you wanted just to complete its comment?
You talking to me? You replied to Tony but I’m not sure..
IB will probably be much cheaper. But if you use box spreads to get financing at near risk-free rate, I’d call it an okay fix price.
Given QQQ is getting close to its 200SMA, the next step of the “strategy” is to move to t-bills if it breaches that, but I was wondering if BOXX may be better. I remember seeing something around BOXX in CH, it’ll land you in jail or something? No really, but the magic they do isn’t tax-free, or is it?
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Who said I am a passive investor? Out of 4 positions only one is for trading with, so 75% passive 
Cheers, so that’s tax-free then, nice.
Do you expect to beat CHF cash @ 0%? What makes you think so?
No, just want to follow this strat which uses USD instruments.
Edit: that’s USD kicking around for some years now.
Well but what prevents you from switching to chf as a safe(r?) asset to store cash when needed in your strat, while managing your currency risk against your base currency, which is, I guess, chf?
I mean you might buy boxx or t bills, you may as well buy CHF.
Mainly autistic mental accounting 
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Mental accounting I get it, afaik autistic would be unbiased. I mean boxx or t-bills return must fight this:
Or, buying chf with your usd is basically betting this trend goes on:
If these graphs were stocks, etf, crypto, metals, commodities, whatever, not sure you would be betting on the first one.
But but “reversion to the “mean”” 
Appreciate it, what I meant is I’ve pigeonholed this USD to use following a 200SMA strategy with TQQQ+BIL, don’t want to exchange this tranche to another currency or do something else with it.