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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (117113)6/22/2000 12:11:00 PM
From: dougSF30  Respond to of 1571004
 
Tim, see my later post. The IRS is all over it.

"Offsetting Positions" (a bull call spread meets this criterion in spades) regulations defer the loss from selling the short portion into the year that you sell the long portion. Drat. Interestingly, these rules went through in the mid 80's... I expect someone was having quite a party before the IRS figured out what was happening.

Doug

p.s. there was a link in that "Too good to be true" post to a CBOE tax guide pdf that covers many of these complicated options-position-related scenarios.