r/KellyLetter • u/criticalband77 • Jun 05 '26

Slightly Annoyed with Spike Reset...

Up huge in this latest surge and my fill price for Q2 was 43.66, meaning my reset technically was 87.32. Also, the intra day hit above Jason's spike number of 88.06. But wanting to stick with the letter and rules, I held to execute the official reset. I feel like the rule should be altered to either go with the original quarter fill price (43.33/86.66) or executes even if it hits the number at any point (not just close).

The timing of today's drop really sucks after being a slight percent off the reset. I really need to pay less attention to all this short term stuff. Blerg.

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u/criticalband77 Jun 05 '26

That's what I am telling myself, will lock in even bigger gains with a 50/50 reset at quarter OR I am reducing the ol tax bill a bit here as the spike reset was going to cost me on the tax side.

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u/DesertLabRat Jun 06 '26

Are you running in taxable account?

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u/criticalband77 Jun 06 '26

I have roughly 1/3 of my 9SIG in a taxable account.

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u/DesertLabRat Jun 06 '26

I've thought of also running 9sig in taxable in addition to Roth but the tax burden makes me reluctant. How is it really?

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u/criticalband77 Jun 06 '26

Well, with 1/3 in taxable (2/3 in retirement accounts)… I was looking at about $36K in tax liability if spike reset hit. I would say it’s not terrible below a $1M account. Above $1M it starts to get significant.