Any advice/guide/tips for running options for new player?
I'm looking at PLTR Sells options at $10, Then i realized that if you count premium/day, 3rd weeks usually higher offer premium/day.
Date          /Ask / Days / Per Day
29-Apr /0.04 / 5 / 0.008000
06-May /0.11 / 12 / 0.009167
13-May /0.30 / 19 / 0.015789
20-May /0.38 / 26 / 0.014615
27-May /0.44 / 33 / 0.013333
 
Then for $10.5/
 
29-Apr / 0.09 /5 / 0.018000
06-May / 0.18 /12 / 0.015000
13-May / 0.46 /19 / 0.024211
20-May / 0.54 /26 / 0.020769
27-May / 0.56 /33 / 0.016970

How to buy Novo Nordisk in Copenhagen exchange? Seems IBKR don't have access?

27% WHT. Ouch!

Thanks for sharing. This is fantastic and can be a viable long term investment. I have many Danish stocks that I like...

Just another noob question. Since we buy ADR so essentially the WHT is at the IBKR side. So the process is to request tax voucher from IBKR then proceed with the Claim procedure?

Withholding Tax
Generally, Danish withholding tax is deducted from dividend payments to U.S. Holders at a 27% rate, the rate generally applicable to non-residents in Denmark without regard to eligibility for a reduced treaty rate. Under the current Convention between the Government of the United States of America and the Government of the Kingdom of Denmark for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income (the ‘Current Convention’), the maximum rate of Danish tax that may be imposed on a dividend paid to a U.S. Holder that does not have a ‘permanent establishment’ (as defined therein) in Denmark is generally 15% and, for certain pension funds, 0% (each, the ‘Treaty Rate’). U.S. Holders eligible for the Treaty Rate may apply to the Danish tax authorities to obtain a refund to the extent that the amount withheld reflects a rate in excess of the Treaty Rate (any such amount, the ‘Excess Withholding Tax’).

Any U.S. Holders of ADRs wishing to apply for a refund of Excess Withholding Tax will have to provide a Danish Claim for Refund of Danish Dividend Tax, a properly completed U.S. Internal Revenue Service Form 6166 and additional documentation including: proof of dividend received; proof of ownership of the ADR and eligibility for the dividend received and proof that the dividend received was reduced by an amount corresponding to the Danish withholding tax. These documentation requirements may be expanded and may be subject to change. Refund claims must be filed within the three-year period following the date in which the dividend was paid in Denmark.

Information on tax reclaims, how they should be filed and the requisite tax forms may be obtained from:

JPMorgan Chase Bank, N.A.
c/o Globe Tax Services, Inc.
1 New York Plaza, 34th Floor
New York, New York 10004 USA
Phone: +1 (212) 747 9100

U.S. Holders should consult their tax advisers regarding dividend withholding tax refunds.

Yes, Carlsberg and Maersk is on my watchlist. I checked level 1 OTC ADR means they are pink sheets, illiquid and not undergo full registration by SEC. And the accounting may not meets SEC requirement. There is no mentioning any difference in WHT treatment. I guess we can also claim the WHT refund just like a level 3 ADR right?

As for the IBKR tax voucher thing, I think IBKR may not be very supportive to the request of this type of administrative service involving a staff to carry out the manual paperwork. Hence this may not be the best way to go for long term.

Still the best for long term is to go for ADR like UL that is straightforward and give you dividend with no WHT so no need to run the errand to tax department for the claim...