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Subject:  Tax ?...rolling options Date:  3/20/2012  12:58 PM
Author:  mpfdCPT Number:  115572 of 127513

Hi Fools,

1. Does rolling written puts/calls out to a new month and/or different strike at a loss to that original option carry a wash-sale to the new option? (Of course same underlyer)

I think I am hearing here that it does not...only if the CUSIP is the same (and that won't happen once you change month or strike). I have been counting roll outs as wash sales when rolling an option that was currently losing.

2. This year my broker sent me no option activity on my 1099...though I made a load of option trades. Is that OK? Am I just on my honor reporting my option trades this time?

I'm hearing that some brokers don't send option transactions(nor are actually required to) . This would be a first for me. True?

Thanks a ton,

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