With the top management stepping up to buy and the stock continue to go lower, will the next time they step up have less of an effect? Will people start to believe the management has no idea
Thank you both. My question really is about whether the option is considered the same security there bye making this a wash sale? The Jan 13 Calls right now are cheap going for .07 Could bye 10 and wouldnt care if they do expire worthless.
I have 600 shares of NLY avg price now around 14.80. I would like to sell now and get the tax loss to offset a gain I have from something else. Then after 30 days buy NLY back. Can I buy call options for Dec to hold will I'm out of the stock in case this runs up? Will that be considered a wash sale then? I believe the next X date isn't till end of Dec so I won't miss the dividend