Niocorp Developments Ltd (NB): I have a question to fellow holders of N...

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Saturday, 05/11/2024 1:49:01 AM

Saturday, May 11, 2024 1:49:01 AM

I have a question to fellow holders of NIOBW options:

I am holding some few thousand NIOBW options in my tastytrade account. I was wondering whether, if I ever want to exercise these options, I would need the funds to buy the NB shares in my account? Or is it possible to deduct the purchasing price for the shares from the profits I would be making, if the share price at the time of exercise is much higher than the exercise price?

Also: Does anyone from outside the US (I am German) know where the profits from such a transaction would have to be taxed? All I have is my American tastytrade account. I have no IRS number or any such thing.

Thanks for any feedback and helpful answers in advance!

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