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Hi, I have a question on reporting capital gains/losses on Schedule D for a relatively large number of short-term trades:

I mainly do short-term trading (mostly stock options). I usually have various buys and sells of the same option on different days but get rid of all the options before the expiration date. When I fill out Schedule D and report my gain/loss of those options, can I just have one line for that particular option symbol where the Cost would be the total amount I paid for all the buys of the option and the Gain/Loss would be the total amount from all the sales of that option? Or do I have to individually list each buy and each sale for that same option? For dates, I assume I can just use the buy date of my first buy and the sale date of my last sell of the option. Since it is short-term, it should not have much significance.

With the help of Excel, I could save alot of time writing in each trade on Schedule D if I could report my short-term trades with a single line per option.

Thanks for any assistance on this issue.

- vpfool
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