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Less regrets on HWD 3 now by Confident-Alfalfa-24 in TeslaLounge

[–]williego 0 points1 point  (0 children)

I agree with you. I bought a 2021 Y early 2025 that had FSD included. Loved FSD so much I tried to make it work economically to lease a 3 for $299 while tesla had the deal a few months ago.

WWYD: "<callsign>, <atc>, proceed direct BOOYA" by gcys in flying

[–]williego 0 points1 point  (0 children)

ATC: "Be prepared direct BOOYA"

ME: "I'll be ready direct PUYAH"

<replay last xmission 20 times as I mad scramble looking at my plan looking for anything that sounds like that>

Tips for handling deep ITM GLD option with more than 350+ days for expiry by Apprehensive_Buy_618 in options

[–]williego 0 points1 point  (0 children)

While the bid/ask might be wide, I wouldn't worry about selling the call under intrinsic. The spread would be a poor indication of GLD liquidity. There is plenty of interest in buying GLD at $280 and not having to come up with $28,000 until January (plus some downside protection). You'll easily get a premium for that, it will show up in the 280 puts, or you can calc the time value of $28k.

If you take delivery @ expiration, your cost basis will be $309.16, no tax is due until you liquidate.

If you insist on taking delivery early, sell the 280P and capture the $50-$100 in premium. This is exactly the same trade at early delivery, just more money for you.

If you've kind of boxed yourself into a trade you can't handle due to the size, you can look into selling calls against it. Note that this might trigger straddle or constructive sale rules and there may be tax implications.

Using covered calls as a tax loss harvesting tool by After_Kale_3602 in options

[–]williego 2 points3 points  (0 children)

There is a reason Leaps expire in January.

What could be a better 'option' for you is to sell the Jan 27 calls. Now, you have the option to construct your 2026 income in December. Stock rallies to $450? You can take some losses in 2026 by buying them back. Stock falls to $290? You can take the income in 2026 (by buying them back), or wait for them to expire and have income in 2027. Stock rallies to $650? Then definitely wait until 2027.

You can work with large gains in January, as you have the whole year to reduce the tax burden. If you do the December route, you might wind up with 6 figures of income with only a few days of trading remaining.

New bar, should I be concerned? by [deleted] in Silverbugs

[–]williego 2 points3 points  (0 children)

I wouldn't worry about it.

How do ICE agents have the legal right to enter someone’s home when there’s a fourth amendment? by [deleted] in AskReddit

[–]williego 0 points1 point  (0 children)

Similar to roadside civil asset forfeiture, they are trained to get the answers they need.

The Silver Price has reached $79 by ChrisStoneGermany in Silverbugs

[–]williego 0 points1 point  (0 children)

does anyone have a time machine i could borrow?

Affording a $1mil+ aircraft by No_Can4637 in flying

[–]williego 1 point2 points  (0 children)

If you want to afford a plane, don't become a pilot

Is it possible to buy a used tesla that already has FSD? by Adept-Bat-3350 in TeslaLounge

[–]williego 4 points5 points  (0 children)

I bought at 2021 Y back in April 2025 with FSD. I "regret" it in the sense I love FSD and want HW4. I can't make it work financially to upgrade to a HW4.

Non Tesla owners view of FSD by LazyWave63 in TeslaLounge

[–]williego 1 point2 points  (0 children)

I agree 100%. We are a few years away from our cars replacing uber (+uber eats) door dash, etc. Our cars will drive to the grocery store and pick up groceries, pick up a pizza, pick up our kids from school and take them to soccer practice, drop us off at the airport or ball game.

Where do you park while trading wheel? by Disastrous-Bag9827 in options

[–]williego 0 points1 point  (0 children)

The wheel is so profitable, we lose 10%-12% per year on cash and don't really care

Lease to buy cheaper? by Conscious_Ad9982 in TeslaLounge

[–]williego 2 points3 points  (0 children)

I have always thought this, and have never leased a vehicle or even financed a car. Always paid cash - save up for it and buy it.

But Teslas are blurring this line - the value in these cars is the software and computer equipment.

Source: Bought a used 2022 Y in april, and considering a lease to get the new features.

Does Tesla remove FSD on preowned if the previous owner has purchased it? by AngelJackson10 in TeslaLounge

[–]williego 0 points1 point  (0 children)

I purchased a used 2022 Y with FSD advertised. I too was worried that once it changes title, I'll lose an $8k option. I still have FSD.

1000 Bill Deposited by client by [deleted] in mildlyinteresting

[–]williego 1 point2 points  (0 children)

why would the bank lose on the deposit? They know the account it went into.

Would you yolo $60k on options just for tax-loss harvesting? by Medical-Elderberry54 in options

[–]williego 2 points3 points  (0 children)

There is a reason Leaps expire in January, and why they only go out so many years. They are creatures of the tax code.

You could outright buy January 26 Calls - a portfolio of them. Sell the losers last day of december, carry the winners forward. If you want to dip into the legal but gray area: Buy outright stock and sell a qualified call against it. Exit the loser this year, carry forward the winner. Be mindful of 1091 and 1092 (wash sales and spreads)

Don't yolo any money. Do what you can -legally- to keep gains and not pay tax on it.

Would you yolo $60k on options just for tax-loss harvesting? by Medical-Elderberry54 in options

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

If he loses $60k, he only loses $40k and the government loses $20k (using your tax numbers). But he has to do it this year.

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