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Investing
Amy,
Thank you for your quick response. Okay, please bare with me as I seek a little more clarity on your reply; I am still having difficulty putting the chain together.
I had 2 Option Contacts sold (expire) on 12/16, again, different dates acquired.
I only bought 1 Option Contract on 11/16.
Then, bought another 1 Option Contact on 12/5.
I want to understand the logical chain of how you are getting to where you are getting.
On the day the 2 options contact expire at that same time, does that simultaneously create a wash sale between those two, or not?
If not, since I sold two and only bought 1 on 11/16, does it only take 1/2 the wash sale, until I buy the second one on 12/5, then it takes the other 1/2?
Please just breakdown the chain in more detail, if you could. I assumed that the total wash would still be move to my current holding I own, but I need to know why? There should be a streamlined process to the follow the chain.
For example, I couldn't move to the 12/5 purchase, which expired on 12/23, then say, well 12/23 is not within 30 days before or after 11/16.
Thank you!