5 Comments
User's avatar
Darren Gold's avatar

What do you think about selling puts on $LMT and $NVO? Every obese person I know wants Ozempic, and now they are talking about prescribing it to children, but maybe that’s priced in already since it’s run so high.

Expand full comment
James Bulltard's avatar

It’s hard to sell puts on names that have run so hard. I like lmt a lot but 1 contract is almost $50k. Nvo I do not follow sorry

Expand full comment
Darren Gold's avatar

Thank you.

Expand full comment
Alec's avatar

I’m not a tax expert and I just bite the stick and pay at ordinary income rates on my gains. Does tax strategy go into your game plan at all? Can you write P’ n C’s into 2024 greater than a yr out; let them expire worthless; and treat it as a LT cap gain? Anything else you can do to mitigate the pain?

Expand full comment
James Bulltard's avatar

Taxes are a part of life. Do you wanna make money or not? I’m focused on trading as income. Taxes are not in my game plan or I would simply buy and hold, but like last year when I returned the huge numbers I posted it becomes a question of do you want to make money or do you want to save taxes and not make money?

Expand full comment