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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (825)4/30/1998 3:57:00 AM
From: zebraspot  Read Replies (1) | Respond to of 2241
 
Thanks, but Yikes. What gobbledygook!

End of last year I posed a similar question to the tax guy at Motley, and he told me it seemed right (although hard to believe) that you could sell options at a loss and immediately replace them with even slightly dissimilar ones in the same company.

I didn't do it yet, but was contemplating it. Just wanted to get a definitive answer, but that seems hard to do with this mess of regulations.


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