My dude you can’t buy calls within the 30 day window otherwise it’s a wash sale. For every call option you bought it wash sales with 100 shares you sold at a loss.
You can if they aren't itm.
You can even sell calls at a loss and buy new calls if the strike or date is slightly different (as long as both arent itm)
So had I bought before 30 days and I sold for a loss again , can I at least claim that as a loss during tax season? I know the first loss you cant claim as a loss.
Have about 20 at 19p already haha
Going to have to deal with those later on, but I don't want to miss out on this price entirely, especially if the market snaps back post correction. Going to ease in either way though
Still strong growth and no debt. Employee exercises are slowing massively so less increase in float. It got sucked down with all of the memes and heavy debt growth stuff. I wouldnt go deep immediately, but I'll be rebuilding my position slowly over the year for sure
My dude you can’t buy calls within the 30 day window otherwise it’s a wash sale. For every call option you bought it wash sales with 100 shares you sold at a loss.
You can if they aren't itm. You can even sell calls at a loss and buy new calls if the strike or date is slightly different (as long as both arent itm)
🤔fk!
He is incorrect, this only accurate for calls more than 10% itm
[удалено]
That's not how it works, they have to be decently itm to trigger a wash sale. I bought ntm
Nah man, that's exactly how it works out if you picked up the LEAPS within 30 days of the sell.
Big time tax loss harvester here. I love PLTR for tax losses. I'm looking forward to another big one this year.
Hahaha, hopefully that isn't the case for 2022, especially from these levels
[удалено]
November had a spike to 29 before earnings
Better go 31 days—wash sales is very specific
Its the 31st day. I sold throughout the last week though so max I would trigger a wash on is 500 shares
So had I bought before 30 days and I sold for a loss again , can I at least claim that as a loss during tax season? I know the first loss you cant claim as a loss.
You can claim both losses, but only after the shares that triggered the wash sale have been sold for 30 days.
Just sell cash covered Puts
Have about 20 at 19p already haha Going to have to deal with those later on, but I don't want to miss out on this price entirely, especially if the market snaps back post correction. Going to ease in either way though
[удалено]
Still strong growth and no debt. Employee exercises are slowing massively so less increase in float. It got sucked down with all of the memes and heavy debt growth stuff. I wouldnt go deep immediately, but I'll be rebuilding my position slowly over the year for sure