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another wash sale question... scenario: Trade A: buy and sell TSLA early dec for a 10k gain. Trade B: buy and sell TSLA late dec for a 5k loss. Trade C: i buy TSLA in early jan 2021 Does the 5k loss get applied to the gain from Trade A which results in 5k gain for 2020 taxes? Or does the 5k...

ya correct, just the LEAPs. you can sell covered calls if the covered call strike > LEAP strike b/c the LEAP can be exercised and the shares get assigned if covered call gets exercised or expire ITM.

I am long LEAPs that expire in 2023. Until I sell the LEAPs or let them expire, I will be selling covered calls against my LEAPs. If covered calls are about to expire ITM, I will buy to close those covered calls so my LEAPs don't get assigned away. It sounds like you're saying the tax code will...

I need help answering questions about covered calls and holding periods. Tax Implications of Covered Calls - Fidelity I understand the tax implications of qualified and non-qualified covered calls on underlying stock from the fidielity link above. My question is if the same rules apply to...