benchmark
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Everything posted by benchmark
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I think that he also like Brian and probably thinks that he is more conservative and won't have as much a risk as other banks?
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Let's say that I have sold put option of company A with $8 strike expired today. The stock was at $10 at the close. After the market close, the company announced bad earning, and the stock dropped to $5. Can my counter part (i.e. the buyer of the put option) now exercise the option and force me to buy the stock at $8? https://www.investopedia.com/terms/e/expiration-time.asp This says that they can do it as long as it's before 5:30pm ET. If this is true, this means that the after hour movement can change /impact the option holders' decision. Should all company just postpone their announcement after 5:30ET?
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any risk for that fat dividend?
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I think WFC needs spend money on lobbying. They need the cap removed -- "look ma, there are all these deposits that we need to take for the stability of the banking system, can you please remove the cap so that we can help?"
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I'm curious what's the best margin rate out there from brokerage firms? IBKR has 5.3%, is that the best?
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@modiva Love to learn more about this as well.
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thanks @johnpane.
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I have some INTC that I want to sell for tax loss before the year end, but also thinks that it will go up. I'm wondering if I sell the share today (at $26.xx) and then buy Jan 25 $20 option, would IRS consider that a 'wash sell'?
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One of my neighbors sent his son to Tsinghua, China's MIT.
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This is because Harvard is doing wholistic admission and looking for 'characters/charisma', which asian kids apparently lack , but black/hispanic and other minorities have plenty. There was a law suit a few years ago on this.
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Did the same, but was a bit more aggressive -- May 20th $65 for $1.85.
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https://www.nytimes.com/2022/04/09/business/dealbook/09db-browder-russia-santions.html Bill Browder's view is that this is likely going to drag on for a long time.
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Curious if there are recommendation of books/blogs etc. on how to start in VC investing? Specifically, how do you get connected into deal flows? and how to evaluate a deal? Thanks.
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I agree with this. China is patient, as long as Taiwan is not forcing Xi's hand by declaring independence, they are not going to invade anytime soon. However, if Taiwan does declare independence tomorrow, Xi/China will act.
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Totally get this and I agree. However, if US were to defend Taiwan, I don't think it can do it w/o doing an all-out-war with China -- that means bombing/destroying military basis on the mainland, and that's a very dangerous path for us (and them). In the end, I think that the west will do what it is doing now with Ukraine, PR/sanctions, but not getting involved militarily.
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There is no doubt that US has the most powerful military force. I think the question is will US be able to afford/win a sustained war with China over Taiwan? We haven't been able to do that with Vietnam or Afghanistan.
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Seems like a decent return, except that you'd tie up your capital for the year.
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Tax Loss Harvesting - Sanity check
benchmark replied to changegonnacome's topic in General Discussion
can you sell a stock at a loss, and buy a long term option within 30 days? for example, if one sells 100 shares of BABA today at a loss, can one buy 1 contract of Jan 24 BABA $125 option? does that trigger the wash sale rule? -
Do you know the "15% band" rule documented somewhere? searching on IRS website didn't get me anything.
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Got it. And the reason that you chose $10 put vs $12.5 is mostly just a consideration on how expensive the put is I assume, 30c vs 80c? If the stock does go down to below $10 by May 22, then you total loss is $14.5 - $10 + margin cost + put cost.
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I think I get it, the carrying cost is the margin cost + put cost annualized. One question, if you think ATCO is going to double, why not buy a long dated put option to get some long term protection?
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does buy $180 put implies that a non-constructive sale? I actually have various strikes, does that mean that I have to buy puts at the various strikes so that it's not constructive sale? If I do this, then my carrying cost is the margin cost + the cost of the puts, is that right? As long as FB appreciating faster (assumption), I'm in the green -- do I get this right?