Hi!
If today I sell an uncovered Put with an expiration date of January 21, 2022 for $100, and then close out of this position on January 21, 2022 with a $100 profit, how will this profit be taxed when I file my taxes for the year 2022? As ordinary income, or as long term capital gains?
@nomad_dt wrote:
As ordinary income, or as long term capital gains?
You are an uncovered option writer, so it would be short-term capital gain.
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