what are you selling today?

[Spekulatius]

Reduced GOOGL and sold NXST

[lnofeisone]

This gets clunky. Losses on your investments are first offset by the gains of the same type (so short-term to short-term and long-term to long-term). After that net losses are deducted against the opposite gain.

 

If you have a long-term loss and want to manage your tax position, you are better off selling short-term gainers (i think you call this high tax basis). This assumes that you have no long-term gainers that you sold. You can sell a short-term gainer and buy it for 1 penny higher and you are clear of wash rules. 

 

 

 

 

[sleepydragon]

sold my TCHEY shares.

[lnofeisone]

Sold a bunch of MSGE puts. 

[Luke]

4 minutes ago, sleepydragon said:

sold my TCHEY shares.

Why?

[sleepydragon]

Just now, Luca said:

Why?

I have feelings too, the stock hurts me too much. got to cut loss and end the relationship

[Luke]

Just now, sleepydragon said:

I have feelings too, the stock hurts me too much. got to cut loss and end the relationship

Haha yeah, hard to sleep i get it!

[Malmqky]

56 minutes ago, lnofeisone said:

Sold a bunch of MSGE puts. 

Same

[UK]

1 hour ago, sleepydragon said:

I have feelings too, the stock hurts me too much. got to cut loss and end the relationship

 

Sometimes energy loss because of these "thesis drift" situations just isn't worth it. It is pity stock doesn't cares or know how you fell though:)

 

Edited September 18, 2023 by UK

[backtothebeach]

Sold a bunch of ATVI October 90 puts. Pennies and steamrollers, I know…

[lnofeisone]

4 hours ago, backtothebeach said:

Sold a bunch of ATVI October 90 puts. Pennies and steamrollers, I know…

ATVI options are weirdly priced. Take a look at 92.5/95 box. No risk and the same pay off as the 90s you are trading. 

[backtothebeach]

44 minutes ago, lnofeisone said:

ATVI options are weirdly priced. Take a look at 92.5/95 box. No risk and the same pay off as the 90s you are trading. 

 

Interesting. I might try a few contracts just for fun.

[dipod]

Sold some 9/22 OSTK $17.50 puts. Pretty decent premium and attractive stock to own if assigned.

[backtothebeach]

20 hours ago, lnofeisone said:

ATVI options are weirdly priced. Take a look at 92.5/95 box. No risk and the same pay off as the 90s you are trading. 

 

Tried to sell 1 October box at the bid ($2.67), unsurprisingly wasn't filled as a spread trade. Don't feel like legging in. Also, the short $95 put would likely be assigned early, which is a lot of margin for making $17 before commissions.

[lnofeisone]

21 hours ago, backtothebeach said:

 

Tried to sell 1 October box at the bid ($2.67), unsurprisingly wasn't filled as a spread trade. Don't feel like legging in. Also, the short $95 put would likely be assigned early, which is a lot of margin for making $17 before commissions.

Yeah, entering these is a pain and I usually do it via verticals. I've had 95 put for a bit now, no assignment yet. 

[Saluki]

Sold the NETI in my retirement account.  Still have the shares in my taxable account. Bought a little NTDOY with the proceeds and the rest is sitting in cash. 

[sleepydragon]

sold almost all of my baba at this morning's pop. only leave a 2% position

[Spekulatius]

1 hour ago, sleepydragon said:

sold almost all of my baba at this morning's pop. only leave a 2% position

Why now?

[Castanza]

24 minutes ago, Spekulatius said:

Why now?

+1 at this point what has changed? 

[sleepydragon]

1 hour ago, Castanza said:

+1 at this point what has changed? 

too much pain. cut loss.

And increasingly, I feel the current political climate in china is long term regime change. politic trumps economy. Will be like this for years.

 

 

[backtothebeach]

Sold some VSCO October 15 puts @0.36.

 

IV is ~70%. Return is 30%+ annualized on max risk.

 

Sorry @LearningMachine if VSCO tanks before October 20th it's my fault lol.

[nwoodman]

Trimmed AAPL, MKL

[Paarslaars]

Sold my STG position.

Still believe in the stock but finding better things to buy and I'm already invested 110%.

[frommi]

Sold out of Karelia Tobacco. Share price has gone up while the earnings have declined, so this was not a hard decision and i have better opportunities right now.

[rkbabang]

Sold JXN today for $40.40, bought it about 6 months ago a little over $28 and I received $1.24 in dividends as well.  I just set an alert for myself if it goes below $29 again.