SI
SI
discoversearch

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.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Marc Schiler who wrote (1646)12/23/1997 11:58:00 AM
From: MonsieurGonzo  Read Replies (3) | Respond to of 11051
 
Marc; RE:" 30-day wash sale rules "

Berney is an expert in this area, and has probably already answered your question in detail. Calls/LEAPs are the same as equities in this regard and so you cannot wash-sale. However, you can probably cheat, as Berney said: sell WDC, buy EMC - in this case, sell INTC, declare loss, buy TXN or NSM, for example.

Berney - what if I "sell INTC", declare loss, and buy SOX.X CALLs ?

ie., does the wash-sale get into "index" wash sales ??

-Steve