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URL:  http://boards.fool.com/wash-sale-rule-question-30387704.aspx

Subject:  Wash Sale rule question Date:  11/17/2012  10:09 PM
Author:  JSergeant Number:  116931 of 121565

I am looking at harvesting some losses on NFLX to offset significant LT capital gains which I have realized this year. I am thinking of selling some NFLX at the current price (~$79.60) to book about $28,000 of losses, and at the same time sell Jan $80 puts for $8.50. Would this run afoul of the wash sale rules? I've seen conflicting advice.

JSergeant
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