Joined: 28 Mar 2011
Online Status: Offline Posts: 2
Posted: 28 Mar 2011 at 21:46 | IP Logged
If I buy 200 CALL options and 200 Put options on a certain stock at the strike price of 150. If I exercise the call options in 30 days, what are the tax implications?
Joined: 11 Jan 2011
Online Status: Offline Posts: 12
Posted: 29 Mar 2011 at 00:51 | IP Logged
Taxes are due when you close out the position. If you had a gain or loss on your put or call. If an option ends out of the money and unexercised, then you have closed the option position by default and any money you paid is a capital loss or any money your received from writing the option is profit.
__________________ TradeMax - Help prepare tax and figure out wash sale..
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Topic: How are call and put options taxed when
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