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Re: tonytuba post# 225989

Thursday, 04/01/2004 8:14:13 PM

Thursday, April 01, 2004 8:14:13 PM

Post# of 704041
I am not an accountant but have often had calls and puts expire worthless. When they expire worthless, either the buy price or sell price will be zero depending on whether you sold or bought the ooption. You have to pay taxes on any gains and write off any losses. If you find a way to avoid that, please let me know.

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