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3

Assuming I understand your situation correctly, some of these trades are indeed wash sale violations. However this is not quite as bad as it seems as the wash sale rules (assuming these trades were all in your taxable brokerage account) do not prevent you from claiming the loss, they merely roll it over into your next holding of the same asset. From what I ...


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You asked: Can closing covered call and opening a new coverd call trigger wash sale? I believe the answer is yes. For example, if the option you buy back has 300 days to expiration and the new option has the same expiration and its strike price is 1% higher. In this specific case you site, the expiration dates are different and the strike price is ...


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I'm not going to offer an opinion because wash sale rules are not clear for options. Here are the opinions from 3 web sites that I deem worthwhile: IRS enforcement of offsetting position rules Frankly, the offsetting position rules are complex, nuanced and inconsistently applied. There are insufficient tools and programs for complying with straddle loss ...


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