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Author: ajshih Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Wash Sale & Options Date: 12/22/1997 10:30 AM
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How do options play into the wash sale rules?

I have two scenarios, one a stock & option interaction, another just options w/ options.

1) Are options treated as "like" securities with stocks? If I sell some stock at a loss and buy options,
is that treated as a wash sale also?

If so, would I just increase the cost-basis of the
purchased options?

2) I buy and sell Nov expiration calls at a loss.
Within the 30 days, (when the Nov would expire anyways) I purchase some Feb calls. Is this a
wash sale?

Thanks,
Andrew J Shih
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