bought a put contract of the same company yesterday and sold it to close today at a loss.
it is hard to say whether or not you have a wash sale if you buy puts within the 30-day period that have a different strike price or expiration date.
even the following is meant more for traders that have not made the 475(f) election because they are in and out of positions over short periods of time even multiple times in a day.
If the positions you acquired within the wash sale period permit you to participate in the same up and down market swings as the position that produced the loss, there’s a chance the IRS will say you have a wash sale. this comes from a law firm but no clarity or example is provided. say your original put was a Jan 20 bought when the stock was 15. within 30 days of closing the Jan 20 at a loss, you buy a Feb 15 when the stock price is 10. is this what they mean? but what if the stock price is 11
as stated the IRS has never published clarifying regulations.
