Yes please!Spoony Love said:
If AAPL gets a dip after Powell speaks, I'll be buying weekly just OTM.
Stock Markets
24,788,881 Views |
233491 Replies |
Last: 32 min ago by FishrCoAg
BREwmaster said:
JPow about to speak... markets look semi stable, not much flow though.
just say the word "inflation" JPow, lol.
their macaroni salad is the bomb
I wonder why last year at this time everything was up in those plays.AG 2000' said:All the small caps have been getting hammered.Philip J Fry said:
What's the consensus with DNN? I was expecting a healthy bounce off the channel support line, but it pretty much just blew through it. Is there news besides a mild variant of Covid with a scary name out there?
Think the year end tax loss harvesting is also in play.
Not sure. Maybe they had some news back then?Tibbers said:I wonder why last year at this time everything was up in those plays.AG 2000' said:All the small caps have been getting hammered.Philip J Fry said:
What's the consensus with DNN? I was expecting a healthy bounce off the channel support line, but it pretty much just blew through it. Is there news besides a mild variant of Covid with a scary name out there?
Think the year end tax loss harvesting is also in play.
Back to the wash sale rules for a quick question. Say I have a position in WWR that has substantial paper loss that I could realize by selling, but I have FOMO of a spike. If I buy January call options first, then sell the stock with the loss do I lose the ability to deduct the loss?
I don't think so, you can always deduct your losses even if you still have a position in the stock.FishrCoAg said:
Back to the wash sale rules for a quick question. Say I have a position in WWR that has substantial paper loss that I could realize by selling, but I have FOMO of a spike. If I buy January call options first, then sell the stock with the loss do I lose the ability to deduct the loss?
You can sell Dec 17 MARA calls at 80 strike for $1 right now...pocket premium or a $25 gain in stock price in 2 weeks
Nevermind, misread the timing part. Still trying to wrap my head around the strategy though.FishrCoAg said:
Back to the wash sale rules for a quick question. Say I have a position in WWR that has substantial paper loss that I could realize by selling, but I have FOMO of a spike. If I buy January call options first, then sell the stock with the loss do I lose the ability to deduct the loss?
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,957
How long do you want to ignore this user?
I'd check, but I believe this is correct. Do you have to buy the calls and then sell then next day? Really not sure there but definitely find out if the same date for your sale and purchase hurts you here. You can't sell the shares first and then buy the calls without a wash sale.
J Pow not speaking yet. Just suffered through another Maxine Waters opening speech. She might be worse than Pelosi.
McHenry bashing the reckless government spending.
Yellen speaking now. (9:25am central time)
Powell speaking now. (9:30am central time)
- says inflation is running well above goal
- thinking inflation with drop significantly when supply chain issues resolve
- committed to price stability goal and preventing higher inflation
- variant imposes downside risk to employment and economic activity
Maxine Waters speaking again (9:35am central time)
- Promoting build back better bill..........
- Suggests build back better bill will reduce inflation.....
- Asks Powell to comment on this idea and he refuses.
McHenry speaking again (9:42am central time)
- Accuses democrats of wanting to increase inflation with spending bills
- Asks Yellen if they overshot with February stimulus spending
- Yellen avoids question and McHenry asks again and she says no, they didn't overshoot in February
- Yellen says the stimulus spending is a small contributor to inflation. Most comes from supply chain issues
- McHenry blames Biden administration for inflation
Perlmutter speaking now (9:48am central time)
- Commends Biden administration for creating strong economy
- Asks Yellen if marijuana banking bill would make the IRS's job easier and she says yes
Wagner speaking now (9:55am central time)
- Grilling Powell on inflation
- Powell reiterates the retirement of the phrase transitionary inflation
- Build back better bill will add $367B to the deficit over 10 years
- Yellen says this doesn't include additional revenue generated by the IRS funding......
Gonzalez speaking now (9:59am central time)
Powell reiterates they may increase the taper at the next Fed meeting to combat inflation.
AOC speaking now (10:55am central time)
- Focus is on climate change.
- Asks Yellen question meant for Powell.......Powell steps in and corrects her.
- Asks if we should stop investing in fossil fuels
McHenry bashing the reckless government spending.
Yellen speaking now. (9:25am central time)
Powell speaking now. (9:30am central time)
- says inflation is running well above goal
- thinking inflation with drop significantly when supply chain issues resolve
- committed to price stability goal and preventing higher inflation
- variant imposes downside risk to employment and economic activity
Maxine Waters speaking again (9:35am central time)
- Promoting build back better bill..........
- Suggests build back better bill will reduce inflation.....
- Asks Powell to comment on this idea and he refuses.
McHenry speaking again (9:42am central time)
- Accuses democrats of wanting to increase inflation with spending bills
- Asks Yellen if they overshot with February stimulus spending
- Yellen avoids question and McHenry asks again and she says no, they didn't overshoot in February
- Yellen says the stimulus spending is a small contributor to inflation. Most comes from supply chain issues
- McHenry blames Biden administration for inflation
Perlmutter speaking now (9:48am central time)
- Commends Biden administration for creating strong economy
- Asks Yellen if marijuana banking bill would make the IRS's job easier and she says yes
Wagner speaking now (9:55am central time)
- Grilling Powell on inflation
- Powell reiterates the retirement of the phrase transitionary inflation
- Build back better bill will add $367B to the deficit over 10 years
- Yellen says this doesn't include additional revenue generated by the IRS funding......
Gonzalez speaking now (9:59am central time)
Powell reiterates they may increase the taper at the next Fed meeting to combat inflation.
AOC speaking now (10:55am central time)
- Focus is on climate change.
- Asks Yellen question meant for Powell.......Powell steps in and corrects her.
- Asks if we should stop investing in fossil fuels
I did this with RDS last year and this seems to be the accurate way to account for it as Fidelity did not count the full loss when I did the call option immediately after sellingbigtoneag said:My interpretation of the rule is that yes, you would lose the ability to deduct the loss. The rule states buying back the stock or a "substantially identical" security which I would say a Call option would be.FishrCoAg said:
Back to the wash sale rules for a quick question. Say I have a position in WWR that has substantial paper loss that I could realize by selling, but I have FOMO of a spike. If I buy January call options first, then sell the stock with the loss do I lose the ability to deduct the loss?
Irish is at banned camp for the rest of the week.
Anybody here pretty familiar with TDameritrade and determining profit/loss for tax purposes? Id like to pick your brain
Basically, I can find a couple different profit/loss numbers and I want to make sure I'm looking at it correctly and do the right thing.
Basically, I can find a couple different profit/loss numbers and I want to make sure I'm looking at it correctly and do the right thing.
When are you guys gonna learn to stay off F16?!ProgN said:
Irish is at banned camp for the rest of the week.
ProgN
Joined:
Jan 1, 2015
Posts:
36,763
How long do you want to ignore this user?
Por que?
JPow saying inflation will linger into next year. I wonder if that is already bakedin?
Also, I can't stand listening to chairwoman Windbag
Also, I can't stand listening to chairwoman Windbag
I'm probably setting myself up for ridicule but I have to ask. What is F16?
Politics forum
Politics board
Every time they say "Build Back Better" the VIX slightly increases!
You can't argue with anyone in the cesspool that is F16
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,974
How long do you want to ignore this user?
AG
Charismatic Megafauna said:Charismatic Megafauna said:Charismatic Megafauna said:
Bicycle chart was just one week late. Spy 55 day ema appears to be right at 455, I'll go in big if we can tag it
Another leg down and we get another chance at this. Looking for 455.4 now
Wow...tagged 455.3, my conditional order for a couple expiring 458 calls filled at 1.4. Let's see how this pans out.
Shbm
Had an order to sell 1 for 2.8 at open to go net free. Filled at 4.18 Set an order to sell the other for 4.5 as I had $7 as a clean target for the spy max gain on a post-bicycle green schlong day. That filled pretty much right away. Now I think we hit and hold 470 by/on Friday, grabbed a couple 467/469 spreads for .49
Everybody loves a dirt road
Farmer @ Johnsongrass, TX
Joined:
Sep 25, 2017
Posts:
5,415
How long do you want to ignore this user?
When you click on the Forum (B&I, Football, Politics), look in your browser bar/display. In the string of characters you'll see the number assigned to the Forum.RenoAg said:
I'm probably setting myself up for ridicule but I have to ask. What is F16?
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,974
How long do you want to ignore this user?
AG
Also bought some more ater and crwd dec17 call spreads
Everybody loves a dirt road
DIS looks to be breaking out of its down channel on the daily.
Close above 147.28 today and I think it's game on.
Close above 147.28 today and I think it's game on.
Fruit keeps moving ahead. Where's the top?
I've got so much mouse right now that I have ears growing on my ass.AG 2000' said:
DIS looks to be breaking out of its down channel on the daily.
Close above 147.28 today and I think it's game on.
any of you mickey mouse club housers play ABBV with me? was at a low in it's channel yesterday. they give a presentation today and tomorrow. It's just been rolling along upward all day. 
Goodness SPY. I started the day selling a 12/1 $459C I grabbed near the end of yesterday looking for the overnight boost. It did that and doubled. I should have held since it has now doubled again from it's open. But with Fed speaking I didn't trust it. One day, I'll let it ride and win, one day.
If DIS holds in this area, it's Linda Raschke's 3-bar triangle setup. You then go with the break of the 3-day high, or 3-day low that follows.AG 2000' said:
DIS looks to be breaking out of its down channel on the daily.
Close above 147.28 today and I think it's game on.
What did he do now ?
Can you expand on this a bit? What's the three bar triangle setup?McInnis 03 said:If DIS holds in this area, it's Linda Raschke's 3-bar triangle setup. You then go with the break of the 3-day high, or 3-day low that follows.AG 2000' said:
DIS looks to be breaking out of its down channel on the daily.
Close above 147.28 today and I think it's game on.
not getting great google search results, just a lot of chatter about how to code for it.
Taking a giant leap in faith on the Santa rally for next week. AAPL 12/10 182.5C. Let's see how this goes. I think the rest of this week looks promising for quick moves.
Featured Stories
See All
27:22
7h ago
2.5k
19:50
17h ago
4.3k
Donors can now earn priority points by giving to Texas Aggies United
by Texas Aggies United
A&M's approach remains the same with NMSU coming to Aggieland
by Olin Buchanan
61:40
19h ago
2.3k
4:53
7h ago
719
Game Highlights: No. 23 Texas A&M 78, No. 21 Ohio State 64
by Matthew Dawson