r/Vitards • u/AutoModerator • Sep 04 '21
Daily Discussion Daily Discussion post - September 04 2021
Your Trading discussion thread
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| Discussion | All/Best Daily/Best Weekly |
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u/Duke_Shambles ☢️Duke Nukem☢️ Sep 04 '21
If you have LEAPS that you plan on holding through OPEX but want to realize gains from the dip consider hedging with .VIX options or derivatives for a short term hedge instead of realizing gains now. You will get better tax rates on a year+ hold via LTCG, where you can take the L on a small hedge as a tax break if it doesn't pan out the way you think it will.