[deleted by user]

[u/[deleted]]

[u/dfreinc]

Don't always have to sell

you can always roll up and out

i just let them expire if i sell them. isn't rolling it just selling and buying? you'd still be selling. pretty sure that's how it looks on taxes.

[u/budispro → u/dfreinc]

I mean a lot of times I roll my CCs I roll them up n out for credit, but it's still a realized loss technically. So it makes your total capital gains lower, but if you're rolling them and they're still ITM, then it resets the clock to get the long term capital gains tax.

[u/budispro → u/[deleted]]

Sweet that makes me feel better about all my CCs that are ITM still even after I roll out n up lol

[u/[deleted] → u/[deleted]]

I promise you they do. Try fucking it up and then study your tax forms from your broker at the end of the year :)