### Comment:
Capital gains. If you buy a call at $1 and sell for $11, that $1000 capital gain is taxed as a short term capital gain, and the tax rate is roughly 40-50%. Lets say i cash out my $1100 and buy a nice new TV. Well, at the end of the tax year the IRS will say hey, you owe us $450 from those tendies. And now you have to pay them out of pocket.

### REPLY:
It was a joke, like, we don’t “take in” money here because we lose it all

### END.