### Comment:
Yes it is? You pay taxes on the gains you made in a year. Of course you get to substract your losses, otherwise many option strategies wouldn't even be possible. The big trouble starts if you made big % and don't set aside money on the first day in a new year. Because if you tank your account now, you still owe those taxes.

### REPLY:
That’s if they’re realized. If Apple is down 10%, I’m not selling that shit just to lower my tax bill

### END.