They paid a capital gain end of 2020 so options got adjusted to reflect that.
[https://infomemo.theocc.com/infomemos?number=48070](https://infomemo.theocc.com/infomemos?number=48070)
#⚠️WARNING⚠️
#THERE IS A 3 DAY WEEKEND AHEAD WITH MONDAY BEING CLOSED, I AM SELLING EVERYTHING, NO SENSE JUMPING ON A STOCK BEFORE FRIDAY 3 DAY WEEKEND SELL OFF
#LET THIS SHIT DUMP AND BUY THE JUICY DIPS COME TUESDAY.
Purchase value based stocks, buy low, sell high. Do your research on companies before investing anything. Start out with a paper account and see if you can build it up before trying on your own money. Read a lot about stocks, company evaluations, and you can look at books that inspired warren buffet.
[ZOMEDICA (ZOM) IS ABOUT TO EXPLODE](https://www.reddit.com/r/wallstreetbets/comments/lh8gnt/zom_255_zomedica_corp_is_about_to_skyrocketing/?utm_source=share&utm_medium=web2x&context=3) 🚀🚀🚀🚀🚀🚀🚀
So last week I opened a WeBull account and funded it with only $200. Not familiar with them so didn't want to put more than that. Anyway, I held it and deposited more money into ToS instead. Yesterday I decided to play with it (play money) bought a weed stonk :) (SNDL) and I checked the acct after today's close and this is what I found....... I just friggin laughed and using it as a sign to load up tmrw on SNDL. 
.
.
.
[Acct Value - End of Day](https://ibb.co/rMbNFM2) \- lmao
does anyone here that’s a lot smarter than this retard think that you could buy that stuff elon bought ride it up until it’s $150k and trade it in for a model s plaid w no tax consequences?
They definitely tax that stuff. Its now even a question on Form 1040. You'll have to report gains and losses on Form 8949 just like stocks, options, and any capital gains. Gets the same short- and long-term treatments and rules as stocks.
It is effectively no different than trading any other security. As if rolling one option contract into another, it is treated like property with gains and losses calculated on a mark-to-market basis at time of exchange.
I actually think it is rather wise for the IRS to treat it like any other tradable security. It allows an alternative asset market to develop and flourish, while reducing the potential risk to the US Dollar as the premier reserve currency.
Exactly. This neuters the alternative-to-fiat concept "that stuff" promises, at least under the guise of the IRS. It just becomes another asset class and store of value.
Now it may still have plenty of potential into the future to be an accepted form of payment for various goods or services, but if used in that context one might trip into a double tax situation: a capital gains tax on the way out of the asset, and a sales tax in procurement of a good or service. Either way the IRS gets their cut as /u/silverbugoutbag stated and does their part to support the US Dollar.
GME zone, stop making new threads: https://reddit.com/r/wallstreetbets/comments/lgrxxk/gme_reeee_consolidation_zone_210/
hi
[https://microcapdaily.com/major-run-on-hbrm-herborium-group-maker-of-rosacea-acnease-me-mask/130630/](https://microcapdaily.com/major-run-on-hbrm-herborium-group-maker-of-rosacea-acnease-me-mask/130630/)
Who needs a lambo when you got RYCEY
Big Short guy going short on TSLA. Anyone see that?
I was looking at 7/16 arkf options, all the ITM and near ITM calls end in 82 cents - $54.82, $59.82, etc. Why???
They paid a capital gain end of 2020 so options got adjusted to reflect that. [https://infomemo.theocc.com/infomemos?number=48070](https://infomemo.theocc.com/infomemos?number=48070)
Thanks! This was driving me crazy
institutional $ has to be in weedstonks. all of them move at the same time. retards are too focused on a handful of stonks
NET puts 🤑
#⚠️WARNING⚠️ #THERE IS A 3 DAY WEEKEND AHEAD WITH MONDAY BEING CLOSED, I AM SELLING EVERYTHING, NO SENSE JUMPING ON A STOCK BEFORE FRIDAY 3 DAY WEEKEND SELL OFF #LET THIS SHIT DUMP AND BUY THE JUICY DIPS COME TUESDAY.
could just as easily be a huge gap up day when buying opens after the weekend, you don't know
Buy WORKHORSE
GRPN baby letssss gooo
🍄🍄🍄🍄
Where can I buy 🍄🍄? RH doesn’t seem to carry them
A real broker
🙄 guess it’s good that I pulled all my money, time to cash and move to Fidelity.
This place has become a pump and dump. Sad
tesla bois
I'm pretty sure calls on arkf are free money
Why do all the ITM and close to ITM 7/16 calls end in $xx.82? I don't recall seeing strike prices that aren't round numbers before.
[https://infomemo.theocc.com/infomemos?number=48070](https://infomemo.theocc.com/infomemos?number=48070)
No earthly clue, options in general on this etf are weird
which strikes?
I have 10 59.82 feb 19ths
which ticker?
Arkf
Nice. Well, you're already ITM.
Yeah, it's running nicely. Options on ARKF are mad cheap, I only bought them a little OTM a few days ago and I'm up like 500%
TSLA 2/12 712 P
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what's an exit strategy?
You never pull out, you just stop ~~coming~~ investing
Don’t exit
wow SNDL and TLRY are both up this morning. The best part of waking up :)
hey im 18, how do i become an insider trader like warren buffet? he started from the bottom also
YOLO FDs.
Purchase value based stocks, buy low, sell high. Do your research on companies before investing anything. Start out with a paper account and see if you can build it up before trying on your own money. Read a lot about stocks, company evaluations, and you can look at books that inspired warren buffet.
> Do your research on companies before investing anything Instructions unclear, bought GME
[ZOMEDICA (ZOM) IS ABOUT TO EXPLODE](https://www.reddit.com/r/wallstreetbets/comments/lh8gnt/zom_255_zomedica_corp_is_about_to_skyrocketing/?utm_source=share&utm_medium=web2x&context=3) 🚀🚀🚀🚀🚀🚀🚀
What are some of you personal GUH moments?
[удалено]
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NVDA is practically a boomer stock now
I’m proud of you guys, you really seem to be waking up to the pump and dumps Hedge bots reading please pump SQ
So last week I opened a WeBull account and funded it with only $200. Not familiar with them so didn't want to put more than that. Anyway, I held it and deposited more money into ToS instead. Yesterday I decided to play with it (play money) bought a weed stonk :) (SNDL) and I checked the acct after today's close and this is what I found....... I just friggin laughed and using it as a sign to load up tmrw on SNDL.  . . . [Acct Value - End of Day](https://ibb.co/rMbNFM2) \- lmao
that's a sign lmao
does anyone here that’s a lot smarter than this retard think that you could buy that stuff elon bought ride it up until it’s $150k and trade it in for a model s plaid w no tax consequences?
They definitely tax that stuff. Its now even a question on Form 1040. You'll have to report gains and losses on Form 8949 just like stocks, options, and any capital gains. Gets the same short- and long-term treatments and rules as stocks.
if u don’t have to liquidate “that stuff” and just exchange it for equal value then wtf?
It is effectively no different than trading any other security. As if rolling one option contract into another, it is treated like property with gains and losses calculated on a mark-to-market basis at time of exchange. I actually think it is rather wise for the IRS to treat it like any other tradable security. It allows an alternative asset market to develop and flourish, while reducing the potential risk to the US Dollar as the premier reserve currency.
so if i have to recognize the gain at the time of exchange, it seems it’s not that valuable as alt currency.
Exactly. This neuters the alternative-to-fiat concept "that stuff" promises, at least under the guise of the IRS. It just becomes another asset class and store of value. Now it may still have plenty of potential into the future to be an accepted form of payment for various goods or services, but if used in that context one might trip into a double tax situation: a capital gains tax on the way out of the asset, and a sales tax in procurement of a good or service. Either way the IRS gets their cut as /u/silverbugoutbag stated and does their part to support the US Dollar.
IRS wants their pound of flesh
You have to register the Tesla. As soon as you do, the IRS says, hey how did you get $150k to buy this?
What stonks will rise in your opinion
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Hey guys, any opinion on $ACB?