Submitted by mannahosanna t3_z727cl in wallstreetbets
wheeler916 t1_iy6396u wrote
Don't let theta and IV kill you while you hold for long term tax treatment. You'll have to figure out which one is more depreciative to your bottom line.
mannahosanna OP t1_iy648nw wrote
The contracts expire in 2024; I'm not worried about theta and implied vol. I'm holding because the stock is still undervalued. The long term capital gain tax rate is an additional benefit for waiting for the stock to realize its fair value.
wheeler916 t1_iy65azy wrote
Awesome, conviction is an important part of investing. I wish you good fortunes with your decision.
MyKoalas t1_iy73k4e wrote
Did you buy because of Burry?
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