An investor has unrealized gains in 100 shares of Amazing stock upon which they do not wish
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Question:
An investor has unrealized gains in 100 shares of Amazing stock upon which they do not wish to pay taxes. However, they are now bearish upon the stock for the short term. The stock is at $76 and he buys a put with a strike of $75 for $300. At expiration the stock is at $68.
What is the net gain or loss on the entire stock/option portfolio?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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