Just because you're savvy enough to rebalance your portfolio doesn't mean you get to skip out on taxes if
you happen sell at a higher price than you bought and reap a profit.
Not exact matches
In retrospect I should have
sold immediately when that
happened (
at a
higher price!).
But what
happens if after you bought your 2175.00 weekly call option and had the opportunity to
sell the future
at a much
higher price like
at the 2200.00 level only to see the futures
price collapse to 2160.00 by Friday?
If this does not
happen then the trader could purchase
at a lower
price,
sell in the futures market
at a
higher price and make a handsome profit.
If this
happens and you later have to «cover» your short by purchasing the stock
at a
higher price than you
sold it for earlier, then you've lost money.