What’s up with UUU today? Anyone know?
Energy Fuels has just announced plans to offer $550 million in convertible senior notes due in 2031 to raise funds. Investors are often wary of companies issuing convertible bonds because of the potential share dilution, since the purchaser has an option to convert the bonds into stocks. Also, when a company deep in losses and a high rate of cash burn adds debt, it makes it a riskier investment.
Do y’all consider capital gains and tax implications when trading in and out of stocks?
For a long time I’ve mostly been a buy and hold guy, and still am with the bulk of my account, but much more active trading in my play account the last few years is spinning off capital gains that require real money to pay taxes on each year. The last couple years I’ve been selling some losers to somewhat offset, but this year it’s looking like I’ve sold off all the dogs and will have nothing to tax harvest at year end.
This is leaving me wondering whether I should consider more tax optimization strategies, or if it’s not worth it vs optimizing your sales based on gains / exit strategy.
Interested in hearing what you’re all doing and if there’s anything I should be thinking about.
I used to be a buy and hold 3-5 individual stocks.
To make the story short, I learned how to sell put options to take an initial position. I, too, have quite the amount of short-term capital gains due to options, and I’m fine paying the taxes on them, because the net (after capital gains tax) is income I never would’ve had just doing a sit and hold strategy. So, even paying to Caesar what Caesar is owed in the short term is fine by me now.
That’s basically where I’m at… just thinking I might be missing something obvious by doing the obvious. 
I even have some put/call options that are doing very nicely. Sold the puts at (low) prices I’d be willing to own the shares and using their proceeds to buy call options on same stock 3 to 6 months out at higher strike prices. Will be booking gains (and paying short-term taxes) on both ends eventually.
What’s the tax damage in a Roth?
Don’t have Roth, nor any 401-k.
Only worked in Taiwan post-college.
Ouch.
I was just doing my end of the month dividend tally. Thank god most of it is in one of my two IRAs. 
I don’t pay anything unless I make over 29k in unearned income, ie, capital gains and dividends.
Hey @CTaitung, do you aim for a target income from dividends and options, or just make investments when they seem good and sell as desired / needed?
No, do not have a target for income.
I’ve used grok almost extensively for nearly all my trades (except buying TSM in $140s during market collapse following Liberation Day in April; that was a lay-up). Many individual stock ideas have come up by me querying grok about some sector I think will have strong growth (drones, new energy, satellites) and asking for top 10 or even 20 firms in those sectors. And telling grok to give cash flows, debt levels, client base, and much more. Then i narrow diwn the field.
I follow about 40 trading accounts on X. These accounts I follow after reading them for a long enough time to realize they’re the real deal and they know their stuff. If they ever talk about a stock, I’ll thrn grok it for a long time to read all about it. I’ve lost count how many good ideas I’ve read about in X-land and then grok’d to confirm their product(s) indeed have super potential. I could go on, but the gist of it is that there are so many ideas out there to follow up with one’s own due diligence to then feel comfortable to try first selling a put option, snd then buying common shares. Don’t know if this answers your question.
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I always do my best to minimize taxes through capital gain/loss harvesting, matching short term losses to short term gains and long term losses to long term gains. I also try to hold all my positions for a least a year if at all feasible. This has worked out pretty well so far, but I’ve only been investing for three plus years. Going forward, I’m just going to have to take an increasing tax hit, as, like @CTaitung, I don’t have access to Roth, etc.
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PFE up on “TrumpRx” - so I closed out of 10 lots of $24P 31 Oct that I sold last month - looking at calls for some the shares I own, but premiums kind of suck. Looking to nibble out with 10 lots of $27C on 07Nov for $1.05 - we’ll see if anyone bites.
Implied volatility at 25%. Such molasses, but good on yah to take the profit.
Yeah, PFE options are weird… even when the stock is moving, IV stays low. 
I’m up75% in MU. Might be time to ladder out. Nice play, but idk enough about the cyclical nature of memory chips to hold forever.
Why? It’s got HBM as its big growth factor, and it’s the other big semiconductor company in the US that Trump admin will almost certainly, together with INTC, base domestic revival of this key industry. Your cost must be under $110, nice, as that won’t be seen again.
It is .
But I see it as a quick 75% gain and if I slap those gains into a 9% dividend stock/etf in my IRA, why not?
Peace of mind and as I said, idk enough about the cyclical nature of memory.
That and I’d rather have the regular monthly cash payout.
You can consider to get your options trading platform on your brokerage.
If you want to take profit on MU, you can sell a call option for expiry this Friday at a strike price near the current price today of $183.70.
Strike 182.5 has calls selling at $3.2 (1 call = 100 shs, so, if you have 100 shs, you get $320). You can get a bit more juice out of your sell plan.
It’s like you’re selling at $185.70 instead of current $183.70.
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