SPX 14.3% 0.6¢ spenda limited

No complaints if 34 cents by 12/10/2021. Personally, I would...

  1. 315 Posts.
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    No complaints if 34 cents by 12/10/2021.

    Personally, I would convert my options to heads before then and depending how urgent i need the $, i can sell the heads straight up and pay my taxes, or i can wait another 12 months (after conversion) to be eligible for -50% cgt.

    It all depends how many units you have tbh. I wouldn't fret if you have under 100k units but if you have 1 mil units like some do in here, theoretically this translates to 340k profit.

    Would you be willing to pay taxes on 340k is the big question, or wait another 12 months and pay taxes on 170k. I would prefer the later but can bet i'll be counting my 365 days daily.
    Last edited by hotchoc: 16/10/20
 
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