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How to write-off options that are 0 in market value (and non-marketable)

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shangh...@gmail.com

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Dec 31, 2007, 9:57:56 AM12/31/07
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Hi,

I have some call options that I paid quite some $ for and now are 0 in
market value. The options will expire in January 2008. They are no
longer marketable at 0 value, and I no longer expect the price to go
back up at all. Is there anyway that I can write off the loss in year
2007?

Thanks,

Phil Marti

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Dec 31, 2007, 10:58:32 AM12/31/07
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<shangh...@gmail.com> wrote :

You need to sell them to a nonrelated party today. Sometimes brokers will
perform this service for you. Call and ask them.

--
Phil Marti
Clarksburg, MD
,


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