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Subject:  PROTECTING LEAP GAINS Date:  1/3/2021  4:53 PM
Author:  DocBoston Number:  11291 of 11325

hello and I hope my question is considered OK for me to post on this board

I have 2 TQQQ leap positions in a taxable account; 2 contracts each

TQQQ Jan 21 2022 94.0 Call transactions bought 6/24/20 and up 208 %

TQQQ Jan 21 2022 125.0 Call transactions bought 9/9/20 and up 69%

Should I let them ride as long as they are deep in the money [my understanding is they have no time decay risk for now] and how to protect certain amount of gains and at the same time try to reach the 12 month holding period for tax purposes [especially for the 94 call ]

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