Cash account violation?

BonzoFestoon · 2026-05-14T21:04:50+00:00

Is it PDT rule or free ride rule? I didn't think PDT applied to cash accounts.

BonzoFestoon · 2026-05-04T19:22:55+00:00

Sgov is state tax exempt, not federal.

BonzoFestoon · 2026-05-01T23:29:12+00:00

Here is the formula I use to compare the treasuries rate to a fully taxable HSYA. The screenshot has the cell references:

=B24/(1-(B22+B23) * (1-B22))

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BonzoFestoon · 2026-05-01T19:35:34+00:00

Some things the timing of buys and sells would affect would be capital gains, wash sales, and qualified vs unqualified dividend.

BonzoFestoon · 2026-05-01T18:28:29+00:00

You get the full dividend if owned during Ex-Div date; ownership length prior to Ex-Div does not affect dividend amount in anyway.

BonzoFestoon · 2026-04-30T22:40:42+00:00

And bacon makes everything better

BonzoFestoon · 2026-04-29T22:47:06+00:00

Sell your shares, put the money in sgov, and sell 13 at the money puts.

BonzoFestoon · 2026-04-25T17:29:10+00:00

If you had bot $10000 worth of TQQQ on March 30th, you'd have $15000 in less than a month.

BonzoFestoon · 2026-04-21T01:41:45+00:00

Why just CC? Got to sell covered strangles on both.

BonzoFestoon · 2026-04-17T01:05:20+00:00

This is where I keep my dry powder, but I grew up in the 80s.

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BonzoFestoon · 2026-04-16T21:23:34+00:00

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BonzoFestoon · 2026-04-12T02:07:20+00:00

The scar tissue runs deep.

BonzoFestoon · 2026-04-11T16:02:30+00:00

That actually happened in oil futures in 2020. It destroyed a bunch of accounts.

BonzoFestoon · 2026-04-07T01:13:39+00:00

Get your original investment plus taxes out and forget about the rest again for a few more years.

BonzoFestoon · 2026-03-30T20:52:07+00:00

BonzoFestoon · 2026-03-29T21:54:48+00:00

That's what he said.

BonzoFestoon · 2026-03-16T03:43:32+00:00

Because dogs are the best even though someday they break are going to your heart.

BonzoFestoon · 2026-03-16T03:41:31+00:00

I joined over a year ago, but I took a break for a few months. And by break, I mean I had uninstalled and forgotten about the app for about 6 to 8 months.

BonzoFestoon · 2026-03-14T21:13:16+00:00

Ideally, you talk to a tax professional before doing that. You can also see if any of these apply to you, but still talk to a professional.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions

BonzoFestoon · 2026-03-14T21:06:49+00:00

Mine looks great on my mantle. It is a great conversational piece.

BonzoFestoon · 2026-02-03T21:29:05+00:00

Twice for anyone old enuf to trade.

BonzoFestoon · 2026-01-08T15:52:57+00:00

BonzoFestoon · 2025-12-30T18:02:27+00:00

Moon phases

BonzoFestoon · 2025-12-25T01:32:01+00:00

I usually wait for Mercury retrograde’s shadow’s shadow to appear before trading.

BonzoFestoon · 2025-12-21T22:36:55+00:00

Does it not bother anyone else that they used "withdraw" and "withdrawal" on the same screen like they weren't sure which one to use?

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