Recent content by newoptionstrader

In the past, I've only sold options around earnings when the earnings announcements were before the market open in the morning. So I've always had the opportunity to close the position or roll it over on the day of the earnings. But I wonder what would happen if the earnings release takes place...

Thanks for the replies. I don't believe that it's a wash sale, although it is possible that IB's system got confused because I closed this Put option at a loss and then bought the same stock few seconds later. I've had a couple of other similar transactions where I closed the put for a loss and...

One of my transactions shows a cost basis that's about $100 more than it should be, but it also shows a wash sale for the same exact amount. So even thou it doesn't affect the tax I owe, is this something that I should ask IB to fix? If I ask them, I'm concerned that they might screw up the 1099...

I'd like to highlight a position in the Portfolio tab, to alert me of anything significant such as upcoming ex-dividend date. So far I've been using the notes field for this purpose, but it would be easier if I could display the Note field as it's own column, however IB rep told me it's not...

From what I read on wash sales rules, rolling the option over to a different expiration date or strike price is not considered a wash sale. Whereas selling a stock you own and then selling deep ITM put is indeed considered a wash sale since it's likely to be exercised, as opposed to selling ATM...

Would anyone be kind enough to let me know if closing a put option at a loss, and immediately buying that stock would trigger a wash sale. I sell puts for stocks that I wouldn't mind owning, but some of my puts are now deep in the money. I suspect these options will be assigned early after the...