GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

In the example you provided, the tax result would be the same if you chose to report this covered call option trade as one transaction.    As one transaction, your purchase price would be $60 and your sale price would be $50, for a loss of $10.  In TurboTax, reporting both transactions, the net loss is the same at $10.

 

@suzy2guns

 

 

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