Diversifying $20M PLTR Position Tax-Free

All the PLTR FDEs have the same problem.

They leave to start their own companies - and have millions in PLTR stock.

All of the insiders knew the company was seriously undervalued, but now…

With a forward P/E north of 200, it’s time to take some chips off the table - without triggering massive capital gains.

Here’s how we’re diversifying a $20M PLTR position tax-free:

  • Open long/short extensions around the position
  • Extensions realize capital losses and defer gains
  • Use losses to reduce the PLTR position tax-neutrally

You can choose to keep some of it, none of it, or all of it.

For those that want to keep holding the position, we’ve been:

  • Selling covered calls
  • Creating deductions to offset the taxes on the premiums (making it tax-free)
  • Or simply borrowing against the position via box spread at a <4% rate
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