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REDDIT

2-month (Spain) tax rule between two loses of the same stock while rolling PUTs

A
Feb 19, 2025 · 21:45

Hi everyone. I don´t know if the title is confusing, so let me explain. In Spain if you sell a stock at a loss you have to wait two months before you buy that very same stock again.

Last year I started selling PUTs to earn the premiums, and rolling them when they went against me (ITM).

When I am assigned, then to keep rolling I sell the stock right away and look for a PUT in the same stock with a premium that offsets the net loss. The problem is that I cannot be assigned again in the following 2 months.

Do you have the same 2-month rule in the US? How do you think I could solve that?

I can think of two possibilities:

1. I look for another stock to sell a PUT for the same premium I need.
2. Keep the stock in my portfolio for 2 months and then roll after the time has passed.

Any other suggestion? Thanks in advance.