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2021-11-25
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Peloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton 已经从巅峰时期跌落。如何处理你被打压的股票。</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":874468951,"tweetId":"874468951","gmtCreate":1637812674420,"gmtModify":1637812688737,"author":{"id":3576822898262586,"idStr":"3576822898262586","authorId":3576822898262586,"authorIdStr":"3576822898262586","name":"3a659396","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":10,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body><p>P</p></body></html>","htmlText":"<html><head></head><body><p>P</p></body></html>","text":"P","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/874468951","repostId":1145276842,"repostType":4,"repost":{"id":"1145276842","kind":"news","pubTimestamp":1637812625,"share":"https://www.laohu8.com/m/news/1145276842?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:57","market":"us","language":"en","title":"Peloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton 已经从巅峰时期跌落。如何处理你被打压的股票。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145276842","media":"Barrons","summary":"It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfo","content":"<p>It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.</p><p><blockquote>即将告别 2021 年,这意味着是时候对您的投资组合进行年终回顾,以确定损失和收益。尝试了解哪些做错了,哪些做对了——以及为什么——并为2022年重新校准。</blockquote></p><p> If possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”</p><p><blockquote>如果可能的话,利用可能具有长期价值的劣质投资。如果你以较高的价格购买了一只股票,从税务角度来看,用其他收益来抵消损失,然后以较低的价格重新开始投资,这种策略被称为 “翻倍 ”。</blockquote></p><p> Peloton Interactive (ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.</p><p><blockquote>Peloton Interactive(股票代码:PTON)在大流行病期间声名鹊起,此后又从市场看涨的顶峰跌落到陷入困境的公司的灰烬堆。可能正好符合要求。</blockquote></p><p> Peloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.</p><p><blockquote>众所周知,Peloton生产带有视频监视器的健身车,使人们能够在家中与世界级教练一起上课。该公司在疫情期间取得了非凡的成功,但被制造困境和最终的Covid疫苗所抵消,这使得健身房得以重新开放。</blockquote></p><p> Yet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.</p><p><blockquote>然而,Peloton 仍然拥有狂热的追随者。像科迪·里格斯比这样的教练已经成为名人。该公司刚刚启动了一项大型以旧换新计划:购买新自行车的人可以用旧自行车换取 700 美元的回扣和配件。</blockquote></p><p> Investors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.</p><p><blockquote>以更高价格购买 Peloton 的投资者可以加倍购买该股,以重置成本基础和潜在复苏的头寸。购买新股以弥补今年损失的截止日期是 11 月 30 日。在此日期之后,将没有足够的时间来避免美国国税局的洗盘规则,该规则限制投资者在出售前后 30 天内购买同一持股的损失扣除。</blockquote></p><p> Peloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.</p><p><blockquote>Peloton投资者可以购买相同数量的股票并持有30天。第 31 天,Peloton 股票的原始税收部分(您以更高价格购买的股票)可以出售。任何这样做的人都应该能够在纳税申报表上申报损失。咨询你的税务顾问。</blockquote></p><p> While doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.</p><p><blockquote>虽然加倍股票是常用的方法,但奥本海默的首席期权策略师 Michael Schwartz 更喜欢使用看涨期权期权来限制风险和费用。交易机制是相同的,但期权比股票便宜。</blockquote></p><p> Schwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)</p><p><blockquote>Schwartz 最近告诉在高价附近购买 Peloton 的客户,3 月份 45 美元的评级价格翻倍,当时股价为 42.97 美元,价格约为 6.60 美元。31日,原来的纳税地段仍然可以出售,投资者将只拥有同等数量的评级。(每个看涨期权代表 100 股,因此您需要 10 个评级来覆盖 1,000 股。)</blockquote></p><p> Again, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.</p><p><blockquote>同样,时间框架至关重要。施瓦茨建议,如果股票在 30 天到期前被出售,投资者将违反洗盘规则,国税局也不会允许损失。</blockquote></p><p> During the past 52 weeks, Peloton has ranged from $43.13 to $171.09.</p><p><blockquote>在过去 52 周内,Peloton 的价格在 43.13 美元至 171.09 美元之间波动。</blockquote></p><p> Some will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.</p><p><blockquote>有些人会想知道为什么施瓦茨选择了大约120天后到期的3月份看涨期权。答案很简单。Peloton 是一家 “给我看,不要告诉我 ”的公司。随着该股从历史高点暴跌,管理团队可以说已经失去了投资者的信任。此外,该公司最近表示不需要筹集资金,但随后又表示将出售更多股票来筹集资金。</blockquote></p><p> Still, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.</p><p><blockquote>尽管如此,Peloton cult 仍然是一项宝贵的资产,即使很难用传统指标来评估它的价值。双倍交易表达了这样一种观点,即公司的管理团队将迎难而上,努力做到与教练和社区一样优秀。如果没有,那么成本基础被重置,税收优势被实现,风险和回报的旅程重新开始。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton 已经从巅峰时期跌落。如何处理你被打压的股票。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton 已经从巅峰时期跌落。如何处理你被打压的股票。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-25 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.</p><p><blockquote>即将告别 2021 年,这意味着是时候对您的投资组合进行年终回顾,以确定损失和收益。尝试了解哪些做错了,哪些做对了——以及为什么——并为2022年重新校准。</blockquote></p><p> If possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”</p><p><blockquote>如果可能的话,利用可能具有长期价值的劣质投资。如果你以较高的价格购买了一只股票,从税务角度来看,用其他收益来抵消损失,然后以较低的价格重新开始投资,这种策略被称为 “翻倍 ”。</blockquote></p><p> Peloton Interactive (ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.</p><p><blockquote>Peloton Interactive(股票代码:PTON)在大流行病期间声名鹊起,此后又从市场看涨的顶峰跌落到陷入困境的公司的灰烬堆。可能正好符合要求。</blockquote></p><p> Peloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.</p><p><blockquote>众所周知,Peloton生产带有视频监视器的健身车,使人们能够在家中与世界级教练一起上课。该公司在疫情期间取得了非凡的成功,但被制造困境和最终的Covid疫苗所抵消,这使得健身房得以重新开放。</blockquote></p><p> Yet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.</p><p><blockquote>然而,Peloton 仍然拥有狂热的追随者。像科迪·里格斯比这样的教练已经成为名人。该公司刚刚启动了一项大型以旧换新计划:购买新自行车的人可以用旧自行车换取 700 美元的回扣和配件。</blockquote></p><p> Investors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.</p><p><blockquote>以更高价格购买 Peloton 的投资者可以加倍购买该股,以重置成本基础和潜在复苏的头寸。购买新股以弥补今年损失的截止日期是 11 月 30 日。在此日期之后,将没有足够的时间来避免美国国税局的洗盘规则,该规则限制投资者在出售前后 30 天内购买同一持股的损失扣除。</blockquote></p><p> Peloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.</p><p><blockquote>Peloton投资者可以购买相同数量的股票并持有30天。第 31 天,Peloton 股票的原始税收部分(您以更高价格购买的股票)可以出售。任何这样做的人都应该能够在纳税申报表上申报损失。咨询你的税务顾问。</blockquote></p><p> While doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.</p><p><blockquote>虽然加倍股票是常用的方法,但奥本海默的首席期权策略师 Michael Schwartz 更喜欢使用看涨期权期权来限制风险和费用。交易机制是相同的,但期权比股票便宜。</blockquote></p><p> Schwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)</p><p><blockquote>Schwartz 最近告诉在高价附近购买 Peloton 的客户,3 月份 45 美元的评级价格翻倍,当时股价为 42.97 美元,价格约为 6.60 美元。31日,原来的纳税地段仍然可以出售,投资者将只拥有同等数量的评级。(每个看涨期权代表 100 股,因此您需要 10 个评级来覆盖 1,000 股。)</blockquote></p><p> Again, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.</p><p><blockquote>同样,时间框架至关重要。施瓦茨建议,如果股票在 30 天到期前被出售,投资者将违反洗盘规则,国税局也不会允许损失。</blockquote></p><p> During the past 52 weeks, Peloton has ranged from $43.13 to $171.09.</p><p><blockquote>在过去 52 周内,Peloton 的价格在 43.13 美元至 171.09 美元之间波动。</blockquote></p><p> Some will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.</p><p><blockquote>有些人会想知道为什么施瓦茨选择了大约120天后到期的3月份看涨期权。答案很简单。Peloton 是一家 “给我看,不要告诉我 ”的公司。随着该股从历史高点暴跌,管理团队可以说已经失去了投资者的信任。此外,该公司最近表示不需要筹集资金,但随后又表示将出售更多股票来筹集资金。</blockquote></p><p> Still, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.</p><p><blockquote>尽管如此,Peloton cult 仍然是一项宝贵的资产,即使很难用传统指标来评估它的价值。双倍交易表达了这样一种观点,即公司的管理团队将迎难而上,努力做到与教练和社区一样优秀。如果没有,那么成本基础被重置,税收优势被实现,风险和回报的旅程重新开始。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/how-to-profit-from-your-beaten-down-peloton-shares-51637748901?mod=hp_DAY_0\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.barrons.com/articles/how-to-profit-from-your-beaten-down-peloton-shares-51637748901?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145276842","content_text":"It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.\nIf possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”\nPeloton Interactive (ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.\nPeloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.\nYet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.\nInvestors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.\nPeloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.\nWhile doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.\nSchwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)\nAgain, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.\nDuring the past 52 weeks, Peloton has ranged from $43.13 to $171.09.\nSome will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.\nStill, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.","news_type":1,"symbols_score_info":{"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":3466,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/874468951"}
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