Wash Sale

I have losses in etrade. I plan to sell the stock and take the loss. Can i buy call option in the same, etrade, right the way, or the call option is the same as the stock proper and voids the cap loss if exercised within 30 days?

thanks, alex

Reply to
valentino
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From the Journal of Financial Planning, this article;

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for wash sale rules, an option is the treated the same as its underlying stock. Buying the option within thirty days of sale, triggers wash sale rules. JOE

Reply to
joetaxpayer

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