Clarissa holds a concentrated position in XYZ stock, which she purchased 15 years ago for $6 per share. The price of XYZ stock is currently at $100 per share, and Clarissa is happy with the gain that she has achieved. She realizes that it is a good idea to diversify her portfolio, but selling all of the stock in the current year will result in a large tax burden.

Which strategies would allow Clarissa to sell some of the shares this year, and delay selling some of the shares until next year to help ease the tax burden, but will lock in her sale price within a reasonable range of the current price?

Answer rating: 100% (QA)

There are several strategies that Clarissa could consider to achieve her goal of selling some of her XYZ stock this year while delaying the sale of th... View the full answer