Substantially Similar Options - Wash Sale

[dillon_smith92]

Does the IRS recognize call options of the same security, but with different strike prices/expiration dates, as substantially similar for purposes of wash sale?

[Mike9241]

i don't think that the iRS has provided any guidance in this area.   my broker treats call options with different strike prices or expiration dates as not substantially identical but that's there practice.  call your broker because if they conclude it is they are supposed to adjust for it. 

[fanfare]

such a rule would break option spreads  and covered calls making everything a wash sale reporting nightmare.