FinanceInvesting
#RI-6a0e976a·8 months ago·
1
“Selling Cash Secured Puts on margin while holding BOXX as collateral”
What Actually Happened
I'm trying to use BOXX as collateral for selling CSP's, but it's an ETF and can't be used directly. I'll sell BOXX before assignment if I'm assigned early.
What I wish I knew
"Holding BOXX for at least a year is required to benefit from LTCG."
Advice to Someone Facing This Now
If I could tell you one thing
"Be conservative when opening contracts and don't over-leverage."
Regret Index
6/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
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Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
8%
of Finance decisions land in the regret band the same as this one.
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