|
I’d love an effortpost on how to trade in the US in ways that maximize your tax avoidance
|
#
?
Apr 12, 2020 03:11
|
|
|
|
| # ? Jun 8, 2024 01:35 |
|
|
Just always be losing money bing bing bong.
|
|
#
?
Apr 12, 2020 03:12
|
|
|
poisonpill posted:I’d love an effortpost on how to trade in the US in ways that maximize your tax avoidance live in puerto rico
|
|
#
?
Apr 12, 2020 03:13
|
|
|
ketchup vs catsup posted:Please explain. Am I buying and selling spy calls and puts like a sucker? Look into “section 1256 contracts.” Basically, if you sling the future (or the futures options) instead of the ETF you get your gains treated as if they’re 60% long term and 40% short term, even if you only held them for five minutes. The catch is that your position is marked to market at the end of the year for tax purposes... but if you’re just day or swing trading that shouldn’t matter.
|
|
#
?
Apr 12, 2020 03:29
|
|
|
2724, Bob! Let's do this next week as well so I can guess 2502! This week number go up next week not enough brrr in the world!
|
|
#
?
Apr 12, 2020 03:57
|
|
|
3000
|
|
#
?
Apr 12, 2020 04:27
|
|
|
2368!
|
|
#
?
Apr 12, 2020 04:32
|
|
|
2798
|
|
#
?
Apr 12, 2020 04:33
|
|
|
If it goes to 5000 can we call Jerome Fedman 5000? Edit: Or Powman 5000?
|
|
#
?
Apr 12, 2020 04:35
|
|
|
https://twitter.com/THR/status/1249048080508506113 DIS go up?
|
|
#
?
Apr 12, 2020 05:28
|
|
|
2468
|
|
#
?
Apr 12, 2020 05:37
|
|
|
SPX 2789.83 Price is Right! Come on down!
|
|
#
?
Apr 12, 2020 07:05
|
|
|
2875 this week and ATH end of July. 1500 in September.
|
|
#
?
Apr 12, 2020 08:46
|
|
|
$2495
|
|
#
?
Apr 12, 2020 09:22
|
|
|
2569!
|
|
#
?
Apr 12, 2020 10:14
|
|
|
2742
|
|
#
?
Apr 12, 2020 11:54
|
|
|
2669 (nice)
|
|
#
?
Apr 12, 2020 11:59
|
|
|
Inner Light posted:Does that mean /ES is like SPXS and SPXL? That's what I use for leveraged money losing. The 3x ETFs aim for $3 on every $1 the underlying move, /ES is $50 for every $1. /ES is super dangerous though. I've both lost and made over 10k in the span of a half hour when volatility is like it currently is E: 2499 is my SPX guess Sepist fucked around with this message at 14:07 on Apr 12, 2020 |
|
#
?
Apr 12, 2020 14:05
|
|
|
If the average pay is 20/hr, they'd be saving $34M/wk in wages of you assume they average 40hr/wk per employee. Worst case I see WDW being closed until mid June so 8-10 weeks from now would be ~$300-350M total saved but that number is dwarfed by their park revenue when it's open. I'm planning buy moderately OTM July / August puts on the next upswing and holding through earnings next month. I'm also keeping an eye on how many companies postpone earnings reporting for Q1 and if DIS would push theirs out at all. For SPX low this week, I'll guess 2675.
|
|
#
?
Apr 12, 2020 14:17
|
|
|
current:
|
|
#
?
Apr 12, 2020 14:41
|
|
|
There's a prize? I hope it's a free penny stock.
|
|
#
?
Apr 12, 2020 14:44
|
|
|
A quick terminology question since I'm not very familiar with options trading: is there a spread between buying a put/selling a call, and buying a call/selling a put? There's additional risk with selling options, just like with short selling regular equities, correct? Is that what a "naked" options are?
|
|
#
?
Apr 12, 2020 14:50
|
|
|
hmm, can we talk about portfolio strategies using leveraged funds, or market timing such as momentum-following, trend-following, or indicator-timing in this thread? it's not really stocks, but, I think the long-term investing thread would just screech and say "don't time the market, put everything in a target date fund or VTSAX" like usual and I don't see a better thread for this sort of chat. I went down a rabbit hole last night and found all sorts of interesting things on the bogleheads forum, of all places: PSLDX, a leveraged fund with options and treasuries: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=305950&p=5166016 https://www.pimco.com/en-us/investments/mutual-funds/stocksplus-long-duration-fund/inst https://www.morningstar.com/funds/xnas/psldx/quote NTSX, another leveraged balanced fund of equities/bonds https://www.bogleheads.org/forum/viewtopic.php?f=10&t=302218 combining UPRO and TMF as a pair of leveraged ETFs: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=288192 It seems that if you have a risk management component via treasuries, then these leveraged tactics are quite effective. One possible future challenge for them is if there is stagflation/hyperinflation and significant fed funds rate increases. But, that's an entirely different discussion. Here's an example backtest of UPRO/TMF and PSLDX compared to total stock:  Combining one of those with a risk-off timing strategy based on VIX might be really interesting. Anyone here ever use or investigate an approach or funds like mentioned above?
|
|
#
?
Apr 12, 2020 15:04
|
|
|
pmchem posted:hmm, can we talk about portfolio strategies using leveraged funds, or market timing such as momentum-following, trend-following, or indicator-timing in this thread? it's not really stocks, but, I think the long-term investing thread would just screech and say "don't time the market, put everything in a target date fund or VTSAX" like usual and I don't see a better thread for this sort of chat. Ah, the risk parity strategy. See if you can find some charts that include the last few weeks. It produced one of the more recent notable WSB blowouts: https://www.reddit.com/r/wallstreetbets/comments/flhb0d/i_failed_my_portfolio_margin_call_final_damage/
|
|
#
?
Apr 12, 2020 15:16
|
|
|
Agronox posted:Ah, the risk parity strategy. See if you can find some charts that include the last few weeks. It's easy enough to test: https://www.portfoliovisualizer.com...llocation2_1=45 YTD the strategy, with monthly rebalancing, is only down 6.58%. Notably, the bogleheads thread OP does not suggest doing this on margin, which is what the wsb guy did and led to his margin call mess.
|
|
#
?
Apr 12, 2020 15:22
|
|
|
Residency Evil posted:A quick terminology question since I'm not very familiar with options trading: is there a spread between buying a put/selling a call, and buying a call/selling a put? Sorry, your use of "spread" does not make much sense in this context--what do you mean? quote:There's additional risk with selling options, just like with short selling regular equities, correct? Is that what a "naked" options are? Depending on what the position is, selling options can increase or decrease risk. A "naked" (as opposed to "covered") option is one in which, if it were exercised against you, would mean that you'd now have a position (whether long or short) in the underlying. That might be unclear, so an example. a) I write one call on AMZN. It's exercised against me. As a result I am now short 100 shares of AMZN. This is writing a naked call. (Doing this, incidentally, requires the very highest level of options trading clearance because it can result in theoretically infinite loss.) b) I own 100 shares and write one call on AMZN. It's exercised against me. As a result, I have no position in AMZN (as my shares were called away and sold to the option buyer). This is writing a covered call and is the very lowest level of options trading clearance. Writing a covered put would be selling a put on something which you are already short the shares. It can get more complicated when you start looking at things like vertical spreads, etc., but that's the rough idea.
|
|
#
?
Apr 12, 2020 15:33
|
|
|
pmchem posted:hmm, can we talk about portfolio strategies using leveraged funds, or market timing such as momentum-following, trend-following, or indicator-timing in this thread? it's not really stocks, but, I think the long-term investing thread would just screech and say "don't time the market, put everything in a target date fund or VTSAX" like usual and I don't see a better thread for this sort of chat. I recently got into risk parity myself. I ended up subscribing to David Allan Carters investment strategies. He has one called The White Knuckle which leverages SPXL, TQQQ, and TMF with a volatility hedge in EUO and other currencies. The historical returns from 2008 were pretty significant. He explains when to switch to risk-off but you can just do it yourself by looking at the VIX futures, although they were caught with their pants down by the 'rona E: there's another one called RPAR on the exchange, I haven't looked into it much but it looks like it weathered the storm well enough Sepist fucked around with this message at 15:43 on Apr 12, 2020 |
|
#
?
Apr 12, 2020 15:37
|
|
|
https://twitter.com/FirstSquawk/status/1249258356306403329 Looks like oil production levels are still in flux.
|
|
#
?
Apr 12, 2020 16:17
|
|
|
Jack Daniels posted:hey re-reg guy: this the 2nd time you';ve mentioned my post count in the stock trading thread. settle down 
|
|
#
?
Apr 12, 2020 16:18
|
|
|
Jack Daniels posted:current: My brain's gambling center says 2618.
|
|
#
?
Apr 12, 2020 16:30
|
|
|
2776
|
|
#
?
Apr 12, 2020 16:41
|
|
|
Jack Daniels posted:current: Put the average in there as well, cause that'll likely be the correct answer. Power of the goons!
|
|
#
?
Apr 12, 2020 17:27
|
|
|
As the winner of the Call the Bottom contest (until the organizer modified the rules so they could be the winner, tale as old as time) I should probably sit this one out to ensure everyone gets a taste of victory But you're all wrong, and woefully pessimistic
|
|
#
?
Apr 12, 2020 17:39
|
|
|
2400
|
|
#
?
Apr 12, 2020 17:40
|
|
|
2750
|
|
#
?
Apr 12, 2020 18:42
|
|
|
GoGoGadgetChris posted:As the winner of the Call the Bottom contest (until the organizer modified the rules so they could be the winner, tale as old as time) I should probably sit this one out to ensure everyone gets a taste of victory After a +14% week , a third of people are predicting another all green week. I'd hardly call that pessimistic.
|
|
#
?
Apr 12, 2020 18:45
|
|
|
The contest is predicting the low for the week, not a high or a closing value. The guesses should be somewhat low.
|
|
#
?
Apr 12, 2020 18:50
|
|
|
I'm making a shitbet of 2300
|
|
#
?
Apr 12, 2020 18:51
|
|
|
2390
|
|
#
?
Apr 12, 2020 18:55
|
|
|
|
| # ? Jun 8, 2024 01:35 |
|
|
2610
|
|
#
?
Apr 12, 2020 18:59
|
|