Well, I just sold off a bunch of far OTM options (20 contracts, I think) to get the losses, planning to buy some back in 31 days, still have a pretty good delta on TSLA but I guess I sort of hope we stagnate before quarterly earnings (which will be after my wash sale period is over, so I can speculate on them if I like). I guess this means I'm out of any auto show speculation, but would still be happy if something happens, since I still have plenty of TSLA left.
I did buy a 5 contract bull call spread on dec 9th, but closed it today for a very small profit, so I think that shouldn't affect any wash sales since even though it was opened within 30 days, it was closed today. I know wash sales count 30 days after and prior though, and since I bought a call and sold a call, it could trigger just about anything...but if I closed that position then that should mean the purchase on dec 9 doesn't really count, right? Does anyone know how that would work? Even if it does, since I sold 20 contracts and the spread was 5, then at least I still have only a partial wash sale.
I figured I might as well close the positions now, and then if something changes within 30 days, I can always buy things back and then just deal with the taxes as they come. It's not the end of the world if I have to pay some taxes, was just trying to balance out my large ST gains this year with ST losses.
