I write a covered call and it expires worthless. Is my ACB zero + commission to sell?
E.g. Profit = Premium received - commission to sell
If I buy it back before expiry is my ACB the cost to close including commissions? E.g. Profit / Loss = Premium received - commission to sell - cost to buy back - commission to buy.
What if I sell a naked put and it gets exercised - is my ACB on the stock simply the strike price plus commission and my ACB on the option is the price it was put to me plus commission plus any additional charges the broker adds for putting the shares to me?
E.g. Option Loss = Premium received - commission to sell - difference between strike price and autoexecute buy price of stock - minus commission or fee to close the option and buy the stock
Submitted April 29, 2017 at 09:13AM by janus10 http://ift.tt/2oSI8HX
