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Can I claim capital gains loss on options trading or wash sale rule apply?

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Can I claim capital gains loss on options trading or wash sale rule apply?

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<<>> The wash sale rules apply to options trading if and only if the replacement position is “substantially identical” to the position closed for a loss. <<>> You have to determine if the option purchased is “substantially identical” to the one sold. As of the last time I researched the issue, some years ago, the IRS had not issued any rulings to help clarify that term. <<< I read somewhere the wash sale rule would apply for the 1st trade BUT that this DISALLOWED LOSS could be applied towards my COST BASIS of my next stock or stock option purchase of identical stock ?? >>> When a wash sale occurs the loss

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