Wash Sale Rule For Options

Поділитися
Вставка
  • Опубліковано 5 січ 2019
  • Understanding wash sale rule for options

КОМЕНТАРІ • 27

  • @Drinks77
    @Drinks77 2 роки тому

    I bought a put that expired worthless. On the same day of the expired put, I sold 3 covered calls of the same stock, that expire 42 days, (6 weeks) out.
    Would selling those calls be a wash sale?
    Or, if before they expire, I roll them or buy to close for a profit. Would that be a wash sale?
    Any help clearing this up would be greatly appreciated.

  • @edwinschaap2773
    @edwinschaap2773 2 роки тому +1

    thanks so much for your video. so if i have a strategy in which i only straddle QQQ options every day. so i cannot do this during dec-january or is this straddegyjust not possible? with this strategy i often have one side of the straddle go to 0 and the other side go over 100% each day which gives me a nice average profit. but now i'm getting scared the taxes will bite me? .

  • @sitarang07
    @sitarang07 Рік тому +1

    If I closed a covered call for profit and subsequently sold the stock for loss within 30 days, will the wash sale rule apply to the loss I incurred on my stock sale? Thanks

  • @daddywarbucs
    @daddywarbucs 3 роки тому

    Well explained

  • @HanYouthBasketballAcademy
    @HanYouthBasketballAcademy 3 роки тому +2

    Thanks for sharing. I have a question. If short a position but bought call option of this underlying, if I cover the call with a lose, does it consider as wash sale?

  • @zpt151
    @zpt151 Рік тому +1

    If I was to sell a stock can I sell a put option that expires after the 30 days. Or will the violate the wash sale rule?

  • @rootdesh6069
    @rootdesh6069 2 роки тому +1

    thanks for the great video. One question - if I sold stock for a loss and then sell puts for the stock beyong 30 day expiry , would it trigger a washsale?

    • @rootdesh6069
      @rootdesh6069 2 роки тому

      I am assuming it is okay to sell puts as per your video

    • @BenIsabella
      @BenIsabella 2 роки тому

      I have the same question.

    • @ImEddy92
      @ImEddy92 2 роки тому

      This is why I'm here. I got assigned on a call and want to sell a put 30 days out but want to claim the loss.

  • @defcon2544
    @defcon2544 2 роки тому +1

    If I roll over a covered call (that I sold) that is in the money, will a wash sale still apply if the roll over is profitable?

    • @PisciTear
      @PisciTear 2 роки тому

      Based on experience I dont think so cuz mine was not marked with WS label. If it did, nobody would use rollover function any more, right?

  • @williamchuang5895
    @williamchuang5895 Рік тому

    I buy same stock put and call at same time few day later I sold call and put at same time but one side lose other gain. Call strangle trade do is will wash sell

  • @alexanderup6095
    @alexanderup6095 2 роки тому

    So for example if sold shares for a lost and then bought it back 5 days later that should trigger a wash sale. lets sale the replacement shares that I've got were also sold for a lost before the end of the year. There for the disallowed loss should be realized because the final replacement shares were also sold for a loss.

  • @binh10tvcuocsongvietmy.87
    @binh10tvcuocsongvietmy.87 4 роки тому

    i purchased amazon call option december 3 expired worthless $6000 i’m not wait for over 30 day and on december 9 I repurchase call options same month. and gain $19000 so taxable count $25000 that i have paid:(

    • @-_-_-_-_-_-_-_-_-_-_-_-...
      @-_-_-_-_-_-_-_-_-_-_-_-... 3 роки тому +1

      you have to pay $25000 in taxes?!?!

    • @alexanderup6095
      @alexanderup6095 2 роки тому

      see that doesn't makes sense you should be paying taxes on $13000, then what's the point keeping track of cost basis

    • @lj4001
      @lj4001 12 днів тому

      No you will pay only on the gains for that yr up to 30% taxed on gains, so (.30 x 19000= 5.7k) max…
      Then following yr can use the 6k to deduct maximum 3k for losses, reducing your Taxed obligations.
      *Not a CPA, just info from research on the topic.

  • @tisurmaster
    @tisurmaster Рік тому +3

    this should only apply to big companies, normal people should be allowed to take losses..f'n irs is greedy.

    • @banginzaza
      @banginzaza Рік тому

      Get the money up bro

    • @jksac
      @jksac 4 місяці тому

      The funny thing is, it doesn’t apply to big companies at all. They don’t have wash sale rules.

    • @jksac
      @jksac 4 місяці тому +1

      You can also change your tax filing status so you don’t have wash sale rules either but then you don’t get the benefits of long-term capital gains if you hold longer than a year.

    • @lj4001
      @lj4001 11 днів тому

      @@jksacI believe those are Day-Traders which can scalp, short and open/close options many times within 5day trading without penalty.. but the caveat is they must have minimum of $25k working capital, not including other investments and holdings. I think they do get taxed, just at a different rate then the small investors.
      Also like to include that those at below 20% Bracket are non-Taxed on gains, so something like 12k gains will not be taxed.
      NFA nor a CPA, do your due diligence

  • @binh10tvcuocsongvietmy.87
    @binh10tvcuocsongvietmy.87 4 роки тому +2

    i wish i watched your videos before i got trouble on wash sale i’m dead meat.