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Elmer Phud

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Elmer Phud

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Re: HailMary post# 20073

Wednesday, 12/10/2003 3:47:51 PM

Wednesday, December 10, 2003 3:47:51 PM

Post# of 97755
HailMary -

I'm tossing around the idea of rolling the Dec 17 puts instead of taking the assignment that is highly likely. Does anyone know if I am hitting the wash rule if I take a loss on these and roll them into January contracts? I have the feeling I am. I'll go back and read that OCC tax document I guess.

I've wondered about this myself, but with my terrible memory I just seemed to forget to report it as a wash sale every time I do a trade like this......

Is an option at a different month and strike price "substantially different"?
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