Advanced Micro Devices Inc (AMD)

[HailMary]

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

I would be taking a loss this year, and replacing the position with a very similar position that would result in a gain next year if the stock remains at the same price. Sounds like a wash. I could close the puts and buy stock outright. That qualifies as a wash for sure. Instead of taking an assignment, I could do this and essentially declare part of the loss now. It is just like selling the stock this close to expiration (very little time value).

Time to dive into the rules.

HailMary