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
Wash Sale
Dec 08, 2007
1 Replies
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
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