Hi everyone, I'm that one guy who waited until the last minute to do his taxes, thank god for auto import on TurboTax.
Anyways I 'tried' day trading options earlier this year and it went exactly as planned, terrible, I ended up losing a lot. I received my tax documents from TD Ameritrade and was surprised to see only $500 in wash sales on a $17,000 net loss. I definitely sold at a loss and then repurchased options for the same symbol, sometimes on the same day. Looking back at the TD Ameritrade return, I see the symbols are broken up by strike prices and do not appear to be counted as wash sales by TD. Is this accurate, shouldn't the wash sale apply regardless of strike price?
Here is an example: http://ift.tt/2pa2u41
Thank you
Submitted April 17, 2017 at 10:43AM by myturn19 http://ift.tt/2omT4gJ