Normally I allow the one month period to avoid wash sales. But, somehow, I missed this. Can someone confirm that this is wash sales? Date Qty. Price 7/12/2005 +100 $31.75 9/13/2005 +25 $40.50 9/13/2005 +25 $40.28 9/22/2005 -100 $39.90 ($815 Profit) 10/24/2005 -50 $34.90 ($274.5 Loss) 10/31/2005 +300 $36.58 I am still long 300 shares. Fox tax purposes, can I claim $274.5 loss. I don't think I can because I didn't wait for 30 days after 10/24/05. Is my assumption correct?
Nikhoi Why would Put selling have helped? Wash sale rule would apply even for related options, doesn't it? -Ram