Top PAA Option holders as at 30 July 2024, page-10

thanks qwert0, i've been searching for an answer also and unable to find anything helpful... the 'best' i could find was a response from Gemini / chatgpt, i guess we'll only really be 100% sure when we do our tax returns:

Q:
if i buy and sell options after 12 months, am i eligible for the CGT discount

A:
Yes, you are eligible for the CGT discount if you buy and sell options after 12 months
Key points:
Option is a CGT asset, an option is considered a seperate CGT asset from the underlying shares
12 month holding period, To qualify for the 50% CGT discount, you must own the option for at least 12 months before selling it
CGT event, the CGT event occurs when you sell the options, not when you exercise it


cheers, Mark