NGL to da moon (well, maybe to $10?)!! Message Board

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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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To: Elroy who wrote (35)	1/18/2024 1:35:43 AM
From: FIFO_kid2	Read Replies (1) of 109

To be specific I sold 10 of the $5 puts due Friday in my Roth IRA and it appears most likely will get delivery of shares. Will $5000 in capital trigger the UBTI threshhold? Note I kept the investment very small for the UBTI consideration. I am 100% sure UBTI varies to some extent year to year The other option which I could take the distribution and move the shares into my taxable account before Dec 31 2024 given I am now old enough to take the distribution without a tax consideration. I was forced to do this with my Polymetal stock in 2023 since I had to obtain physical shares to retain ownership. In my options activity I NEVER outright buy them as it is a poor risk gamble most of the time I usually sell cash secured puts that I often cover if they trade in one cent increments, put credit spreads, butterfly spreads or iron condors which the last 3 strategies are hedged. The nickel denominated options in low price stocks like NGL I typically hold to maturity.

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