@warith3140 wrote:
I have roughly $10k in option trade loses for the year 2018. It was an investment that didnt work out. Is it possibly to get some kind of refund and if yes, how?
You really need to provide additional details. It is almost impossible to set forth an accurate answer based on very few facts.
However, losses or gains from the options transactions (e.g., purchase/sale of puts and calls) are considered capital losses or gains; you do not automatically "get some kind of refund" merely because you lost money on options trades. Rather, your losses and gains (if any) are netted together, you can deduct any remaining loss up to $3,000 against other income, and have to carry over a net loss exceeding $3,000 to subsequent tax years (e.g., if you have a $10,000 net capital loss, you use $3,000 of that loss to offset other income and then carry the remaining $7,000 loss to the following tax year).
Again, if you provide more details, you will most likely receive a more targeted answer. Be advised that there is a difference between pure equity options (such as options to buy or sell shares of stock in one particular company) and broad-based stock index options (such as the S&P 500 Index).
See https://www.irs.gov/publications/p550#en_US_2017_publink100010618 and
https://www.irs.gov/publications/p550#en_US_2017_publink100010327
