Alan answers a question posed by Barry, who asks:
I own 1200 shares of QQQ in my self-directed IRA at a cost basis of about $195. Today it is trading at $330. I want to sell 600 shares to be better diversified and tax is not a problem since it is in a sheltered account. Can I use options to get a better return when I sell the 600 shares?
Thanks a lot,
It’s the 2nd Wednesday of the month. Time for another original episode of Ask Alan. AA#190, “Using Options to Enhance Returns When Selling Our Shares” href=”https://www.thebluecollarinvestor.com/ask-alan-videos/” target=”_blank” rel=”noopener noreferrer”>Become a premium member today, and tune in to the educational power of the complete library!
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