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"Contra expired" meaning (on a 1099-B for Micro Focus PLC ADR)

 
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1 Reply
JohnB5677
Expert Alumni

"Contra expired" meaning (on a 1099-B for Micro Focus PLC ADR)

If a contract expired, and it had a cost basis, the proceeds would be zero and it would be a loss.

Was this a call or a put?  Did you short sell it?

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