In reading 13, how does it work with purchase of puts defer the capital gains tax?
purchase of put = right but not the obligation to sell the underlying if strike > stock price.
you would incur the capital gains tax only if you sold.
In reading 13, how does it work with purchase of puts defer the capital gains tax?
purchase of put = right but not the obligation to sell the underlying if strike > stock price.
you would incur the capital gains tax only if you sold.