Erik Satie purchased 100 shares of Gymnopieds, Inc. stock on January 10 for $10,000. Fearing that the stock market would experience a downturn due to recent political events, Erik sold the stock for $11,000 on November 9 of the same year. Erik's realization event results in a recognition of O A long term capital gain of $1,000 O A Short term capital loss of $1000 A short term capital gain of $1000 O A long term capital loss of $1000