OPTIONS ODDS TAX HANDBOOK

The Complete Trader’s Tax Handbook

Options trading is complicated enough without guessing how it gets taxed. This 37-page handbook breaks down exactly how the IRS treats your trades — from buying and selling calls and puts to exercise, assignment, wash sales, SPX vs. SPY, and the elections that can change your entire tax bill.

What’s inside:

• How every options trade actually gets taxed (bought, sold, expired, exercised, assigned)
• The exercise/assignment basis rules almost no one gets right
• Wash sale traps specific to options traders
• SPX vs. SPY and the 60/40 tax rule
• Trader Tax Status & the Section 475(f) election
• Quarterly estimated taxes, safe harbor rules, and current 2025–2026 numbers
• 15 costly mistakes, a full glossary, and an annual tax checklist

Real examples. Real numbers. No fluff.

Educational content only — not tax, legal, or financial advice. Always consult a qualified CPA for your specific situation.