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On January 17, 2019, Meredith purchased a put option for $250. The option expired on August 17, 2019. What should Meredith report on her 2019
On January 17, 2019, Meredith purchased a put option for $250. The option expired on August 17, 2019. What should Meredith report on her 2019 return? A. $250 of investment expense. B. $250 of long-term capital gain. C. $250 of short-term capital loss. D. No gain, loss, or expense related to this transaction.
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