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On April 1 0 , 2 0 2 3 , Lisa purchased an option to buy 2 , 0 0 0 shares of Specific, Inc.

On April 10,2023, Lisa purchased an option to buy 2,000 shares of Specific, Inc. at $80 per share. She purchased the option for $5,000. It was to remain in effect for five months. The marke
experienced a decline during the latter part of the year, so Lisa decided to let the option lapse as of September 10,2023. On her 2023 tax return, what should Lisa report?
a. A $5,000 short-term capital loss.
b. A $5,000 long-term capital loss.
c. A $5,000 ordinary loss.
d. A $5,000 Sec. 1231. loss.
e. An $11,000 short-term capital loss.
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