Gersh's Option trades Message Board

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Strategies & Market Trends : Gersh's Option trades

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To: Elmer Phud who wrote (475)	6/6/2005 5:11:30 AM
From: stock2005	of 652

When you closed position you must take gain or loss as it is. New transaction is different beast all over, IMHOP. For different strike price it is not wash sale, but to make sure you can start new position a day before closing the one which has a loss, so wash sale rule do not apply at all.

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