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Generally, you should report options on Schedule D. There is no way around it. Since they are usually excluded from the Form 1099, you can provide a reconciliation Short Term Reported: 10,000 Less: Option Sales: (1,000) Adjusted Sales Total: 9,000...

I saw a good post about the new cost basis at this site: http://www.thetaxtrader.com/newcost I used these guys last year for my schedule D as well. They did a good job fast.