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Non-Tech : Paired Trades and Hedging Strategies

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To: Sam Citron who wrote (68)	1/13/2005 1:10:30 PM
From: deeno	Read Replies (1) of 136

"Are you saying that for tax purposes, you must declare a $500 gain instead of a $400 gain on these combined transactions" yes "even if you buy a single share of the stock within 30 days" if it were a single share you would only have a wash sale on one share so you couldnt take the loss on one share. "Does such a rule make any sense at all?" LOL- best laugh I had all day. Actually being able to take a gain quickly has helped me a few times. "

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