January Expiration

Discussion in 'Options' started by BoneFishGA, Mar 7, 2008.

  1. I bought Jan 08 options in Oct 07.
    They expired.
    Do you claim the loss on 07 or 08 taxes?
  2. Is it a stupid question, wrong place to post it, what?
    Ahh, forget about it.
  3. 08 i think. Since your position is closed (expired) in 08 not 07. Doesnt matter when you buy it, it matters when you took profit/loss.
  4. Thanks NewGuy