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Strategies & Market Trends : Options
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To: Poet who wrote (145)12/27/1999 1:51:00 PM
From: taylorfife  Read Replies (3) of 8096
 
To all: Calls tax question

I want to sell some calls in an stock that are down 50% so that I can take the loss this year.

But I think the stock will rebound and go back up in mid Jan.

Can I sell the calls today and buy back at a different strike price tomorrow or is that washing?

Thanks for your help.
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