Al_Dente wrote:PAGING any accountants/CPAs on board
Trying to figure out year end tax-loss-selling dates.
Sellers will need to sell by Dec _____ in order for the trade to settle by the last day of the year for tax right off.
(PS: normally an answer that begins with “I’m guessing that…” works just fine, but not on this one please.)
Turquoise oooh la la
WTF dude
Typo: tax write off
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote:I gave up on bear side, vix just got smack down again.
Both S&P and VIX are down. VIX is down more than S&P too. Can someone explain to me ?
It has to do with the way the VIX is compiled.
From the wiki:
"The formula uses a kernel-smoothed estimator that takes as inputs the current market prices for all out-of-the-money calls and puts for the front month and second month expirations."
If the prices are not moving very much it could be an indication of a lack of volume since this is a holiday week.
BullBear52x wrote:I gave up on bear side, vix just got smack down again.
TNA has about at least $5 to go. join me
You got me bought on Monday's close and holding since then
Lucky bastard, I bought it at spx 1229 which is close enough to 38.2% retracement (1st batch only 1000 shares) of yesterday impulse wave. I'm loading up the 2nd batch as soon as we pass spx 1243 to confirm trend change.
Al_Dente wrote:PAGING any accountants/CPAs on board
Trying to figure out year end tax-loss-selling dates.
Sellers will need to sell by Dec _____ in order for the trade to settle by the last day of the year for tax right off.
(PS: normally an answer that begins with “I’m guessing that…” works just fine, but not on this one please.)
Turquoise oooh la la
WTF dude
Typo: tax write off
I didn't read to see if there were any other answers, but for tax purposes, the only date that matters is the sell date, not the settlement date, therefore the answer is Dec 30th.
BullBear52x wrote:I gave up on bear side, vix just got smack down again.
TNA has about at least $5 to go. join me
You got me bought on Monday's close and holding since then
Lucky bastard, I bought it at spx 1229 which is close enough to 38.2% retracement (1st batch only 1000 shares) of yesterday impulse wave. I'm loading up the 2nd batch as soon as we pass spx 1243 to confirm trend change.
Com'on most of the people here bought it last Thursday I was the only one that milking it down all the way I joke, I joke good job guys I am neither bull nor bear just yet.
My comments are for entertainment/educational purpose only. NOT a trade advice.
LHR wrote:Hi Cobra,
I know you don't usually comment on individual stocks. But 'f' is unusual today.
Could you please give some advice on 'f'? Thanks!!
First of all, welcome aboard.
Tough call for F here. bull has hopes because the last push didn't make a lower low. 2 lines to watch, only breakout above the line above then bulls can take a breath otherwise it's 50 to 50 call.
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BullBear52x wrote:I gave up on bear side, vix just got smack down again.
The settlement of VIX, which is computed using implied volatility in the options on the SPX rather than the spot index itself, might be one factor driving the unusual behavior of the index today.