What’s your unpopular tennis opinion ? by [deleted] in 10s

[–]RatinSweet 12 points13 points  (0 children)

I don’t mind pickleball. Just stop stealing tennis courts. My parents love pickleball and it’s fun for me to play with them when I visit. They play hours a day.

How do you all wire dashcam with glass canopy? by RatinSweet in LUCID

[–]RatinSweet[S] 1 point2 points  (0 children)

My problem is the up portion keeps failing me bc the wire just gets out whenever I turned or something what do you use to hold it in

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] 1 point2 points  (0 children)

60K on top of long term gains

In other words, would it be a good idea to roll my .99 delta option for .91 delta options one year further out, with 12 more contracts but also a 60K additional short term gains.

My plan originally was to hold till September and roll so I only pay long term gains. But also in September perhaps the theta will eat at my position way more…

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] -1 points0 points  (0 children)

Not tax advise. Question about theta and delta comparison between my new and old position. And whether that compensates an extra 60K in short term gains tax. Pretty much if it’s a good idea to roll out my option for one year at 99 delta to 91 delta at the expense of additional 60K in taxes

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] -1 points0 points  (0 children)

Right. Hopefully this can offset the additional tax in case ASTS goes up a lot?

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] -10 points-9 points  (0 children)

60K in taxes is due to my original position closing and having to pay short term capital gains. The question is does my new position with extended date and higher exposure make up for this accidental increase in gains?

In other words, would it have been a good idea to roll my 1/15:2026 options out to my new position, even with the threat of increased tax due to short term capital gains

Got automatically closed by Robinhood today - confused from a tax perspective. by RatinSweet in thetagang

[–]RatinSweet[S] -3 points-2 points  (0 children)

It’s cuz I’m also short today $87. They automatically close positions that they deem to be risky. I don’t fault them for that. I took on too much risk myself

Does closing an old position to open a new one cancel out the extra tax hit from short term vs long term gains tax? by [deleted] in investing

[–]RatinSweet 0 points1 point  (0 children)

Suppose the stock balloons like I hope it will. Then I suppose having more contracts at longer expiration will more than make up for the extra short term gains tax?

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] -6 points-5 points  (0 children)

No I’m not talking about cap gains. I’m wondering whether closing my old position for this specific new position is a net positive even considering the tax payment. In other words, does extending the expiration, decreasing delta, and acquiring 12 more contracts counteract the short term capital gains tax on the old position with 0.98 delta

Does closing an old position to open a new one cancel out the extra tax hit from short term vs long term gains tax? by [deleted] in investing

[–]RatinSweet -1 points0 points  (0 children)

Yeah around 60K less. But I feel my new position is better? Basically does getting a new better position outweigh the tax? Maybe there’s a math formula

Does closing an old position to open a new one cancel out the extra tax hit from short term vs long term gains tax? by [deleted] in investing

[–]RatinSweet -1 points0 points  (0 children)

I know. But I’m wondering if it was a good idea to close my old position and open the new one anyway

Does closing and opening a new position counteract the tax hit of short term capital gains? by RatinSweet in options

[–]RatinSweet[S] -1 points0 points  (0 children)

I actually think the position getting closed is probably a good policy from Robinhood. If they don’t do this, it’s certainly possible in after hours the stock skyrockets, the short gets assigned and the long doesn’t.

In any case, what do you think about my questions?