options tax implications

  1. jeftel
    59 Posts.
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    28/01/10
    10:17
    Post #: 6253605
    Can anyone help regarding the conversion of options,
    If the conversion rate is 25cents (The shares are trading at 25cents at the moment) The options cost me 7.6cents the stock is WCU If i convert can i carry the cost of the options over for tax purposes,I know if i don't convert i cannot claim a tax loss on the lapsed options.
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    lightbulb Created with Sketch.  Great analysis
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