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Posted: 8/21/2021 2:13:57 AM EST
[#1]
My $3.50 SENS puts executed. I'm not mad as I think the stock is going up still, but it was so close. I sold those puts ITM which netted a pretty good premium.
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WA, USA
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Posted: 8/21/2021 6:52:34 AM EST
[Last Edit: scott_hunts]
[#2]
Thoughts on Vista outdoors ($VSTO) calls now that Russian imports are fucked?
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Posted: 8/21/2021 7:11:45 AM EST
[#3]
Quote HistoryOriginally Posted By Vengeance6661: Anyone else's state fuck them over for STCG? My state tax is at 12% for STCG. So I'm getting DP'd for a total of 34% total by the feds and the state. What's the point of investing?  Nebraska is a high tax state due to a large agriculture foot print and lower population. Or at least that is what our fine politicians tell us.  There is no long versus short term difference in capital gains here, it's all treated as income and taxed at that rate. Over $64,430/married filing joint = 6.84%. Of course federal is a different story but we're all in the same boat there. 
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Posted: 8/21/2021 7:21:19 AM EST
[#4]
Quote HistoryOriginally Posted By scott_hunts: Thoughts on Vista outdoors ($VSTO) calls now that Russian imports are fucked? Strike price spread is $5, seems wide. Does the pps fluctuate enough? Trading volume average under a million and option contract open interest not that high. Maybe not all FIs are cut out for option trading? SEP 17 $45c are .55 not a horrible gamble.
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Posted: 8/21/2021 7:28:46 AM EST
[#5]
Quote HistoryOriginally Posted By scott_hunts: Thoughts on Vista outdoors ($VSTO) calls now that Russian imports are fucked? With the anti gun attitude from .gov and media and seeing what Remington and Colt have done to themselves IDK why anyone would consider gun stocks. Now with Afganistan withdraw you could even make the same argument for war stocks like Northrup Grumman and Raytheon |
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Posted: 8/21/2021 9:53:08 AM EST
[#6]
Quote HistoryOriginally Posted By Vengeance6661: Anyone else's state fuck them over for STCG? My state tax is at 12% for STCG. So I'm getting DP'd for a total of 34% total by the feds and the state. What's the point of investing? Makes trading look a whole lot less cool as compared to investing eh? |
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Posted: 8/21/2021 2:24:23 PM EST
[#7]
Quote HistoryOriginally Posted By Vengeance6661: Anyone else's state fuck them over for STCG? My state tax is at 12% for STCG. So I'm getting DP'd for a total of 34% total by the feds and the state. What's the point of investing? Nope, no income tax in Texas. That would really suck though. |
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USA
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Posted: 8/21/2021 5:03:31 PM EST
[#8]
Quote HistoryOriginally Posted By rollin-tumblin: Makes trading look a whole lot less cool as compared to investing eh? Yes indeed. It'll be next June til I'm long in MVIS. I bet a lot happens before then. So if the price goes up substantially do I sell and eat the larger STCG tax costs, or wait til June and hope the high price stays til then? |
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USA
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Posted: 8/21/2021 5:39:46 PM EST
[#9]
Quote HistoryOriginally Posted By Vengeance6661: Yes indeed. It'll be next June til I'm long in MVIS. I bet a lot happens before then. So if the price goes up substantially do I sell and eat the larger STCG tax costs, or wait til June and hope the high price stays til then? Personally, I'd have to be very close (probably within a week) of LTCG to consider waiting. Make hay while the sun shines, bird in the hand, and all that. This from a guy with no state income tax, who is not a financial advisor, is probably an idiot, and may be a Russian bot.
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Posted: 8/21/2021 5:51:58 PM EST
[#10]
Quote HistoryOriginally Posted By Vengeance6661: Yes indeed. It'll be next June til I'm long in MVIS. I bet a lot happens before then. So if the price goes up substantially do I sell and eat the larger STCG tax costs, or wait til June and hope the high price stays til then? Here's my plan: I started buying MVIS shares on Feb 8 with buys all the way out to this last week, have NOT sold a share yet. If an event happen where I wish to sell shares or I have a CC get exercised, my brokerage has the most expensive shares going out 1st. That way, if the stretches past Feb 22, my least expensive shares, the one I would pay the most taxes on, are queued up last. As stated many times, I am not a financial advisor or a tax professional, I can't even string my weed whacker correctly. 
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Posted: 8/21/2021 6:14:52 PM EST
[#11]
Quote HistoryOriginally Posted By blackeagle05: Personally, I'd have to be very close (probably within a week) of LTCG to consider waiting. Make hay while the sun shines, bird in the hand, and all that. This from a guy with no state income tax, who is not a financial advisor, is probably an idiot, and may be a Russian bot. Quote HistoryOriginally Posted By blackeagle05: Originally Posted By Vengeance6661: Yes indeed. It'll be next June til I'm long in MVIS. I bet a lot happens before then. So if the price goes up substantially do I sell and eat the larger STCG tax costs, or wait til June and hope the high price stays til then? Personally, I'd have to be very close (probably within a week) of LTCG to consider waiting. Make hay while the sun shines, bird in the hand, and all that. This from a guy with no state income tax, who is not a financial advisor, is probably an idiot, and may be a Russian bot. Yeah, a lot of us are kicking ourselves for not dumping at $22+ the last few times it occurred, and then buying back in. I'll be hard pressed to not dump my 55,434 shares if 20+ happens again, and hope to buy back the whole lot plus some when it dips below. Of those shares, 27,325 are LTCG, 4483 more become LTCG on 8/24, and 42 more on 9/2. I learned my lesson after THREE TIMES, and I need to cash out. Long term, I'm still very BAFF on MVIS, but I need to cash out and hope for a $5+ drop to buy back in. I'll tell you what, though...I highly doubt we have more than two $20+ spikes before we stay above $20+ for the long term. after we sustain, I'm in for a while, $30+ before I do it again and then probably only buy back in for about 10k shares and let it ride. |
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Posted: 8/21/2021 6:16:53 PM EST
[Last Edit: FelisTacet]
[#12]
Quote HistoryOriginally Posted By Total53: Here's my plan: I started buying MVIS shares on Feb 8 with buys all the way out to this last week, have NOT sold a share yet. If an event happen where I wish to sell shares or I have a CC get exercised, my brokerage has the most expensive shares going out 1st. That way, if the stretches past Feb 22, my least expensive shares, the one I would pay the most taxes on, are queued up last. As stated many times, I am not a financial advisor or a tax professional, I can't even string my weed whacker correctly. This is the way. Use those higher-priced shares to play with for swing trading or covered calls. I play with lower priced shares too, but I am very careful with those of the lower cost basis shares I play with. |
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Posted: 8/21/2021 7:57:24 PM EST
[#13]
Quote HistoryOriginally Posted By Vengeance6661: Yes indeed. It'll be next June til I'm long in MVIS. I bet a lot happens before then. So if the price goes up substantially do I sell and eat the larger STCG tax costs, or wait til June and hope the high price stays til then? Browse through the thread and see how much regret there was when it jumped and came back down, and many didn’t sell. Not once, not twice, but three times. Paying taxes is part of the game. I would not let taxes dictate a profitable trading strategy. |
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Posted: 8/21/2021 8:41:02 PM EST
[#14]
Quote HistoryOriginally Posted By RyanEsstac: The second picture lists the amount of money I received for selling those options. Today at 1PM Pacific those options expired worthless. So I kept all of the premium, and the options effected my position zero. |
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Posted: 8/21/2021 8:49:37 PM EST
[Last Edit: NotRyan]
[#15]
Quote HistoryOriginally Posted By orion251: Covered calls? Quote HistoryOriginally Posted By orion251: Originally Posted By RyanEsstac: The second picture lists the amount of money I received for selling those options. Today at 1PM Pacific those options expired worthless. So I kept all of the premium, and the options effected my position zero. Yes. I'm going to keep posting these screenshots every Friday to talk everyone into the magic that is; Covered calls.. You can lose money on stocks, yet they'll keep making you money.... putting you positive overall |
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ID, USA
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Posted: 8/21/2021 9:42:49 PM EST
[#16]
Quote HistoryOriginally Posted By RyanEsstac: Yes. I'm going to keep posting these screenshots every Friday to talk everyone into the magic that is; Covered calls.. You can lose money on stocks, yet they'll keep making you money.... putting you positive overall Quote HistoryOriginally Posted By RyanEsstac: Originally Posted By orion251: Originally Posted By RyanEsstac: The second picture lists the amount of money I received for selling those options. Today at 1PM Pacific those options expired worthless. So I kept all of the premium, and the options effected my position zero. Yes. I'm going to keep posting these screenshots every Friday to talk everyone into the magic that is; Covered calls.. You can lose money on stocks, yet they'll keep making you money.... putting you positive overall Yep, wish I had started doing it sooner. Only thing that sucks is MVIS and SENS premiums are crap right now. |
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Posted: 8/21/2021 9:58:06 PM EST
[Last Edit: NotRyan]
[#17]
Quote HistoryOriginally Posted By NIevo: Yep, wish I had started doing it sooner. Only thing that sucks is MVIS and SENS premiums are crap right now. Quote HistoryOriginally Posted By NIevo: Originally Posted By RyanEsstac: Originally Posted By orion251: Originally Posted By RyanEsstac: The second picture lists the amount of money I received for selling those options. Today at 1PM Pacific those options expired worthless. So I kept all of the premium, and the options effected my position zero. Yes. I'm going to keep posting these screenshots every Friday to talk everyone into the magic that is; Covered calls.. You can lose money on stocks, yet they'll keep making you money.... putting you positive overall Yep, wish I had started doing it sooner. Only thing that sucks is MVIS and SENS premiums are crap right now. Wait for a slight upswing. Selling for pennies in a downtrend is worthless. Unless they expire soon and you have a ton of shares to put on the line. Every upswing I've been selling a few Feb 2022 $22 and $30 calls too, to fund purchasing more shares. I also have a few 2023 $30 and $35 calls. The $4.60 premiums have paid for quite a few shares I'm selling more calls on. I'll gladly sell some fsr out calls if I can get the shares to pay for themselves. |
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Posted: 8/22/2021 10:33:54 AM EST
[#18]
Quote HistoryOriginally Posted By Total53: Do you mean up-listing or de-listing? https://media.giphy.com/media/XMFxEpeOSDNGE/giphy.gif?cid=ecf05e47d093gnbll6f07nyapysenks3ay3m7gbmtgqtrm3m&rid=giphy.gif&ct=g Quote HistoryOriginally Posted By Total53: Originally Posted By jb31: I almost sold my swing shares, but checked the news first. Unlisting would be the perfect catalyst right now. Curious to see where it goes Monday. Do you mean up-listing or de-listing? https://media.giphy.com/media/XMFxEpeOSDNGE/giphy.gif?cid=ecf05e47d093gnbll6f07nyapysenks3ay3m7gbmtgqtrm3m&rid=giphy.gif&ct=g I meant uplisting. My phone didn't know that word. |
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Posted: 8/22/2021 11:33:54 AM EST
[Last Edit: mj1angier]
[#19]
Quote HistoryOriginally Posted By captnstabn: Browse through the thread and see how much regret there was when it jumped and came back down, and many didn’t sell. Not once, not twice, but three times. Paying taxes is part of the game. I would not let taxes dictate a profitable trading strategy. This is how I play it. Buy, sell, rebuy…. But I keep a base number of shares for moon shot if it ever happens And as far as taxes on short term gains…I would rather have 50% of something vs 100% of nothing |
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Posted: 8/22/2021 11:57:56 AM EST
[#20]
But if your gains are far outweighed by your losses you can deduct that shit as losses.
 Attached FileOr are guys here actually making money?
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USA
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Posted: 8/22/2021 12:14:38 PM EST
[Last Edit: Vengeance6661]
[#21]
Quote HistoryOriginally Posted By mj1angier: This is how I play it. Buy, sell, rebuy…. But I keep a base number of shares for moon shot if it ever happens And as far as taxes on short term gains…I would rather have 50% of something vs 100% of nothing When you sell and rebuy, do you basically sell to cover whatever your cost basis total is? Example of you spent $10,000 on MVIS, sell and recoup at least the $10,000 so the rest you're playing with is just profits? That way you also don't have to pay taxes on your initial cost basis investment? |
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Posted: 8/22/2021 12:59:06 PM EST
[#22]
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WA, USA
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Posted: 8/22/2021 2:42:58 PM EST
[#23]
Hey does anyone know if tomorrow is the day? Asking for a friend.
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Posted: 8/22/2021 3:03:11 PM EST
[#24]
Tomorrow could be the day.
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AZ, USA
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Posted: 8/22/2021 3:15:57 PM EST
[#25]
I guarantee it is going to be a day that ends in Y.
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Posted: 8/22/2021 3:30:52 PM EST
[Last Edit: EagleArmsHBAR]
[#26]
Quote HistoryOriginally Posted By Malbec: Tomorrow could be the day. |
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USA
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Posted: 8/22/2021 4:18:20 PM EST
[#27]
Quote HistoryOriginally Posted By Rebel556: https://www.ar15.com/media/mediaFiles/415103/738C9C14-557A-4384-8532-A26D33C9527B_jpe-2062028.JPG MVIS article 
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Posted: 8/22/2021 5:01:14 PM EST
[#28]
Quote HistoryOriginally Posted By jb31: I meant uplisting. My phone didn't know that word. I ASSumed that as you've talked about it before. How long is the trek to getting an OTC penny listed? I'm sure there is an example or two. I should have punched back in at the .11 range, kept thinking a little dip below .10 was coming. Might be a few days before DPLS comes back to my buy-in target  
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Posted: 8/22/2021 5:02:10 PM EST
[#29]
Quote HistoryOriginally Posted By myfakename: But if your gains are far outweighed by your losses you can deduct that shit as losses. https://www.ar15.com/media/mediaFiles/96423/4a5001b7beea096457f480c8808572428b-09-ro-2061983.JPG Or are guys here actually making money?  |
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Posted: 8/22/2021 5:13:46 PM EST
[#30]
Quote HistoryQuote HistoryOriginally Posted By Total53: Originally Posted By myfakename: But if your gains are far outweighed by your losses you can deduct that shit as losses. https://www.ar15.com/media/mediaFiles/96423/4a5001b7beea096457f480c8808572428b-09-ro-2061983.JPG Or are guys here actually making money? https://media.giphy.com/media/DOPKHQg6oFWUg/giphy.gif?cid=790b76113e83cc3468dae8fc4905157ffb226cf0646ca8f9&rid=giphy.gif&ct=g Only the guys working the options at the moment. 
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Posted: 8/22/2021 5:30:03 PM EST
[#31]
Quote HistoryOriginally Posted By NIevo: Yep, wish I had started doing it sooner. Only thing that sucks is MVIS and SENS premiums are crap right now. Be patient and wait for an upswing. Dont feel like you need to be making moves all the time. |
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Posted: 8/22/2021 5:39:52 PM EST
[#32]
Holy shit, no one said anything about having a migraine for 2 days at the end of the rona. I guess my brain melted or something and that's why I also lost my smell and taste.
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Posted: 8/22/2021 5:54:33 PM EST
[#33]
Quote HistoryOriginally Posted By KaiK: Holy shit, no one said anything about having a migraine for 2 days at the end of the rona. I guess my brain melted or something and that's why I also lost my smell and taste. So you had it? Shit! ISZ has some long haul issue related to rona, I hope you don't get those. Have not heard from him in awhile, hope he's OK. Are you going to have to cancel Fly-Over Cola Warrior? |
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Posted: 8/22/2021 5:55:35 PM EST
[#34]
Quote HistoryOriginally Posted By KaiK: Holy shit, no one said anything about having a migraine for 2 days at the end of the rona. I guess my brain melted or something and that's why I also lost my smell and taste. Not smelling like shit anymore is a good thing. As for not tasting like anything, I wouldn't know what a guy tastes like so I'll leave that for someone else.  Congrats on your recovery, KaiK! 
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Posted: 8/22/2021 5:57:37 PM EST
[#35]
Quote HistoryOriginally Posted By Total53: So you had it? Shit! ISZ has some long haul issue related to rona, I hope you don't get those. Have not heard from him in awhile, hope he's OK. Are you going to have to cancel Fly-Over Cola Warrior? Quote HistoryOriginally Posted By Total53: Originally Posted By KaiK: Holy shit, no one said anything about having a migraine for 2 days at the end of the rona. I guess my brain melted or something and that's why I also lost my smell and taste. So you had it? Shit! ISZ has some long haul issue related to rona, I hope you don't get those. Have not heard from him in awhile, hope he's OK. Are you going to have to cancel Fly-Over Cola Warrior? If I remember correctly, ISZ has "POTS" from the virus. I'd @ him for an update but I hate bothering guys that are feeling shitty. I hope he stops in soon.. |
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OK, USA
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Posted: 8/22/2021 5:57:54 PM EST
[#36]
Quote HistoryOriginally Posted By FelisTacet: Only the guys working the options at the moment. Quote HistoryOriginally Posted By FelisTacet: Originally Posted By Total53: Originally Posted By myfakename: But if your gains are far outweighed by your losses you can deduct that shit as losses. https://www.ar15.com/media/mediaFiles/96423/4a5001b7beea096457f480c8808572428b-09-ro-2061983.JPG Or are guys here actually making money? https://media.giphy.com/media/DOPKHQg6oFWUg/giphy.gif?cid=790b76113e83cc3468dae8fc4905157ffb226cf0646ca8f9&rid=giphy.gif&ct=g Only the guys working the options at the moment. Eh, day trading DPLS has been quite lucrative. |
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OK, USA
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Posted: 8/22/2021 6:01:00 PM EST
[#37]
Quote HistoryOriginally Posted By Rebel556: https://www.ar15.com/media/mediaFiles/415103/738C9C14-557A-4384-8532-A26D33C9527B_jpe-2062028.JPG MVIS article That's a price of $18.49... Very interesting. Also that face when your MVIS holdings rival a financial institution. |
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Posted: 8/22/2021 6:02:55 PM EST
[#38]
Quote HistoryOriginally Posted By RatherBeLifting: Eh, day trading DPLS has been quite lucrative. Quote HistoryOriginally Posted By RatherBeLifting: Originally Posted By FelisTacet: Originally Posted By Total53: Originally Posted By myfakename: But if your gains are far outweighed by your losses you can deduct that shit as losses. https://www.ar15.com/media/mediaFiles/96423/4a5001b7beea096457f480c8808572428b-09-ro-2061983.JPG Or are guys here actually making money? https://media.giphy.com/media/DOPKHQg6oFWUg/giphy.gif?cid=790b76113e83cc3468dae8fc4905157ffb226cf0646ca8f9&rid=giphy.gif&ct=g Only the guys working the options at the moment. Eh, day trading DPLS has been quite lucrative. I haven't day traded DPLS since my last 22,000 share buy on 7/26. I'm going to let my 88k shares ride for a while, I'm feeling good things about DPLS from my DD. |
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Posted: 8/22/2021 6:18:30 PM EST
[#39]
Quote HistoryOriginally Posted By Total53: So you had it? Shit! ISZ has some long haul issue related to rona, I hope you don't get those. Have not heard from him in awhile, hope he's OK. Are you going to have to cancel Fly-Over Cola Warrior? I've had it since Monday. Slept like 3 days in a row. Then was feeling better Friday. Until that night and started getting a migraine. It's just now fading out. This delta strain is the suck. No way this shit isn't man made. Flyover already happened. |
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Posted: 8/22/2021 6:19:09 PM EST
[#40]
Quote HistoryOriginally Posted By RatherBeLifting: That's a price of $18.49... Very interesting. Also that face when your MVIS holdings rival a financial institution.  |
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Posted: 8/22/2021 6:19:23 PM EST
[#41]
Quote HistoryOriginally Posted By FelisTacet: Not smelling like shit anymore is a good thing. As for not tasting like anything, I wouldn't know what a guy tastes like so I'll leave that for someone else. Congrats on your recovery, KaiK! Yay. I did a good job of not dying.
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Posted: 8/22/2021 6:21:42 PM EST
[#42]
Quote HistoryOriginally Posted By KaiK: I've had it since Monday. Slept like 3 days in a row. Then was feeling better Friday. Until that night and started getting a migraine. It's just now fading out. This delta strain is the suck. No way this shit isn't man made. Flyover already happened. I can't keep track, which one is in Jackson, Ne? |
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OK, USA
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Posted: 8/22/2021 6:36:08 PM EST
[#43]
Also in that article...Does ARF count as an institution?
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Posted: 8/22/2021 6:45:27 PM EST
[#44]
Quote HistoryOriginally Posted By RatherBeLifting: Also in that article...Does ARF count as an institution? https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=MVIS Some of us should be institutionalized, I'm sure. 
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Posted: 8/22/2021 6:58:50 PM EST
[Last Edit: NotRyan]
[#45]
Quote HistoryOriginally Posted By RatherBeLifting: Also in that article...Does ARF count as an institution? https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=MVIS It would be interesting to see what % arfcom owns and r/MVIS owns. Also that chart would be better if it showed shares. Q1/Q2 2020 when shares were .20 really throws those numbers off |
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Posted: 8/22/2021 7:03:58 PM EST
[#46]
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Posted: 8/22/2021 7:04:36 PM EST
[#47]
Quote HistoryOriginally Posted By Total53: I can't keep track, which one is in Jackson, Ne? Heartland. That one is new. I wanted to go. But can't swing it. |
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Posted: 8/22/2021 7:50:34 PM EST
[Last Edit: Glock63]
[#48]
Quote HistoryOriginally Posted By RatherBeLifting: Also in that article...Does ARF count as an institution? https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=MVIS Lol we damn well should. Im a small fish here and have 6k shares or so. |
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Posted: 8/22/2021 7:55:15 PM EST
[#49]
Quote HistoryOriginally Posted By Glock63: Lol we damn well should. Im a small fish here and have 6k shares or so. Quote HistoryOriginally Posted By Glock63: Originally Posted By RatherBeLifting: Also in that article...Does ARF count as an institution? https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=MVIS Lol we damn well should. Im a small fish here and have 6k shares or so. We're all in this together.  
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Posted: 8/22/2021 7:56:54 PM EST
[#50]
Has anyone taken a look at AppHarvest (APPH)? They are an agricultural company based in KY that is building hydroponic greenhouses to produce produce (isn't it neat how pronouncing that word differently changes it from a verb to a noun? lol). They had a spike earlier in the year around the time they were listed on NASDAQ and have settled back since then. Being semi-local to me and addressing something I see as a future concern (reliance on imported produce), I'd like to see them do well, but not sure of their long term viability.
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