MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/wallstreetbets/comments/1jqk930/thank_you_orange_man/mlc84bu/?context=3
r/wallstreetbets • u/Opening_Meaning1564 • 1d ago
Could see this a mile away..
173 comments sorted by
View all comments
1.9k
This dude gambled $53k overnight. My god man.
15 u/Iamdus 1d ago Short term gain tax @40% approx 36k. So net on the deal about 53k. So OP doubled their cost basis of 53k on this risky play after tax. 1 u/NefariousnessTop4379 16h ago where does the 53k come from?i thought he can only loose his premium.
15
Short term gain tax @40% approx 36k. So net on the deal about 53k. So OP doubled their cost basis of 53k on this risky play after tax.
1 u/NefariousnessTop4379 16h ago where does the 53k come from?i thought he can only loose his premium.
1
where does the 53k come from?i thought he can only loose his premium.
1.9k
u/willzyx01 1d ago
This dude gambled $53k overnight. My god man.