esther926
Level 1

Do I need to report losses from short options and if so what form do I use?

0 Cheers
sjrcpa
Level 15

If they are Open at year end, they haven't closed at year end.

You report in the year closed - when they are exercised or expire. 

Not sure what "(trade date)" is supposed to mean here.


The more I know the more I don’t know.
BobKamman
Level 15

Depends on what kind of options.  If these are options on futures contracts, you may have to "mark to market."