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I read the Tax articles on Options but did not find positive confirmation of the following:
I have several written options in the money and showing a loss. If I roll them to the same type of option at a future date (hoping to recoup or lessen the loss thus far), what is the tax consequence:

A) I can recognize the loss to date in the current tax year; or
B) Wash sale rules apply -- the loss gets carried forward into the rolled-up option;

I am afraid (B) is the correct answer.

Please confirm or correct.

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