I’ve been holding SQQQ for ever and of course I’m heavily down on it. Just sold covered calls on it. My questions is if the buyer of the call decides to execute and buy those shares, will the wash sale rule apply to my loss? Will I be able to deduct this loss from the yearly gain?
And what if I decide to sell those shares after the call expires, will the same rule apply? Who knows, please share your knowledge!
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