Blazin F up disclosure:
I lost my LT LOW shares on Friday. Just a good example of not giving myself enough time to allow for RL bullshit to sometimes get in the way. Friday was monthly option expiration. I had some calls in the money and normally I would just roll that out. Time got away from me and with 15 mins to go I started entering my orders. There is a divy this week and options computer algos don't like ex divy as it complicates the math some. Just meaning spreads tend to be wider. I was in a call with very little activity and they where nailing me with a +$1 spread. I was trying to use a roll order so closing one call and selling another at the same time. When you do this your bid and ask won't show the system attempts to respond rather than act. By the time I went to cancel that roll so I could enter both legs at the time so I could get the machines to tighten the spread they didn't fill my order...So my shares are gone. That's not the end of the world but its a tax hit that sucks.
This realizes my gains in the underlying and means a tax hit...23 days before it was going to roll over to a LT gain son of a b.
I lost my LT LOW shares on Friday. Just a good example of not giving myself enough time to allow for RL bullshit to sometimes get in the way. Friday was monthly option expiration. I had some calls in the money and normally I would just roll that out. Time got away from me and with 15 mins to go I started entering my orders. There is a divy this week and options computer algos don't like ex divy as it complicates the math some. Just meaning spreads tend to be wider. I was in a call with very little activity and they where nailing me with a +$1 spread. I was trying to use a roll order so closing one call and selling another at the same time. When you do this your bid and ask won't show the system attempts to respond rather than act. By the time I went to cancel that roll so I could enter both legs at the time so I could get the machines to tighten the spread they didn't fill my order...So my shares are gone. That's not the end of the world but its a tax hit that sucks.
This realizes my gains in the underlying and means a tax hit...23 days before it was going to roll over to a LT gain son of a b.
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