short against the box ..turning LT gains to ST gains ooops

Mar 27, 2020 0 Replies

long spy, shorted against the box, spy collapses from Corona ... Now: spy long( long term) is at a LT loss, short against the box is ST gain, if i unwind , does it revert to original LT gain? or did I just shoot myself in the face from a tax perspective?


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