Calls and Puts for Income Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Calls and Puts for Income

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith J who wrote (5618)	12/28/2012 12:37:29 PM
From: rllee	Read Replies (3) of 5891

Wash sales on options - I am considering declaring Professional Trader status to avoid conflict with wash sales rules. I trade options with IB and my understanding is that they will not provide option trades data until 2013 so reporting wash sales are voluntary at this point. Many of the traders I exchange trading info on did not religiously follow the wash-sale rules with regard to options (vs e.g. stocks) since the wash sale rules for options are clearly complex and hard to figure out what were the correct options trading moves to become fully compliant viz not trading options over the whole month of December. Can you or anyone else on this board comment on what approaches they take for observing wash-sales rules with regard to options? The rules for Stocks are relatively clear but not so much for options, in my opinion. TIA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next