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Level 1

Question

Why do my put options say "Date acquired cannot be after date sold"?

2 replies
29 views

I sold to open GLW puts on 11/06/2020, I bought to close these same puts on 11/11/2020. Turbotax says "Date acquired cannot be after date sold"

TurboTax Premier Online

Alumni - Intuit

it depends. Change the date from 11/11/2020 to 11/06/2020.

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Level 15

You are acquiring a security to close your short position.

That happens on the date you close the trade.

The security purchased, an option, settles one business day later. That is the Date Disposed.

The day you entered into the short sale is irrelevant.