$Direxion Daily Semiconductors

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Not tax advice or stock advice. I'm holding to avoid triggering the wash sale rule myself. The 61-day window covers 30 days before the sale, the sale date, and 30 days after. If you trigger it, the capital loss can't be deducted on your current-year return. Instead, the disallowed loss gets added to the cost basis of the new shares, which delays the tax benefit until you eventually sell that position.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":601630491431000,"tweetId":"601630491431000","gmtCreate":1787858588000,"gmtModify":1787923716346,"author":{"id":9000000000000135,"idStr":"9000000000000135","authorId":9000000000000135,"authorIdStr":"9000000000000135","name":"JesseRW","avatar":"https://static.tigerbbs.com/0d1d522df7fd034a47b809b1a57d7176","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":168,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$&nbsp;</a>Not tax advice or stock advice. I'm holding to avoid triggering the wash sale rule myself. The 61-day window covers 30 days before the sale, the sale date, and 30 days after. If you trigger it, the capital loss can't be deducted on your current-year return. Instead, the disallowed loss gets added to the cost basis of the new shares, which delays the tax benefit until you eventually sell that position.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$&nbsp;</a>Not tax advice or stock advice. I'm holding to avoid triggering the wash sale rule myself. The 61-day window covers 30 days before the sale, the sale date, and 30 days after. If you trigger it, the capital loss can't be deducted on your current-year return. Instead, the disallowed loss gets added to the cost basis of the new shares, which delays the tax benefit until you eventually sell that position.</p></body></html>","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Not tax advice or stock advice. I'm holding to avoid triggering the wash sale rule myself. The 61-day window covers 30 days before the sale, the sale date, and 30 days after. If you trigger it, the capital loss can't be deducted on your current-year return. Instead, the disallowed loss gets added to the cost basis of the new shares, which delays the tax benefit until you eventually sell that position.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/601630491431000","repostId":0,"isVote":1,"tweetType":1,"viewCount":206,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SOXL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":381,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/601630491431000"}