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Author: basilkruglov Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: wash sales and options Date: 4/9/2013 11:10 AM
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Good day,

Perhaps someone could help me. I've been stuck with this for such a long time and I'm not sure how to handle this. Here's the situation,


On 2/28/2012, I sold "1 x ABCDF Corp, Apr 2012, $235.00 Call" at $1,321.01
On 4/1/2012, I bought back to close position "1 x ABCDF Corp, Apr 2012, $235.00 Call" at $569.97, resulting in a loss of $751.04

On 4/1/2012, I bought "1 x ABCDF Corp $235.00 exp Apr 2012 Call" at $1,333.01
On 4/11/2012, I sold to close position "1 x ABCDF Corp Apr 2012, $235.00 Call" at $194.98, resulting in a loss of $1,138.03

Also,

On 4/1/2012, I sold "1 x ABCDF Corp $250.00 exp Apr 8 2012 250.00 Call" for $302.98 and it expired worthless on 4/10/2012
On 4/1/2012, I sold "1 x ABCDF Corp $250.00 exp Apr 8 2012 250.00 Call" for $294.98 and it expired worthless on 4/10/2012

Also, not sure if it's relevant or not,
On 2/26/2012, I bought 100 shares of ABCDF Corp, for $22,730.02
On 4/17/2012, I sold these 100 shares of ABCDF Corp, for $23,685.51, resulting in short capital gain of $955.49

I figured that the very first two pairs are wash sales, but I'm not entirely sure how to record these. Which transactions would offset which. Any thoughts or ideas?

Thanks!
BK
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