- Entry
- $896.10
- Now
- $884.15 -1.3%
- Target
- —
- Score
- —
Hi all, I currently have ITM covered call positions and am contemplating converting these into call debit spreads to avoid wash sales by closing the call debit spreads 30+ days later to realize net short-term capital gains losses. A few days ago, I purchased long-dated calls on the same underlying stock, so I cannot simply close the covered call without triggering a wash sale (to the best of my knowledge). My investment thesis for the underlying stock has changed within …
— ORIGINAL POST ·
Converting ITM CC to call debit spread to avoid wash sale and reduce short-term capital gains tax?
· r/options
· May 5, 2026