tax_moron
Registered User
- Messages
- 49
Preface this with I'm just a normal PAYE worker (registered for Income Tax in 2020 for dividends, ETFs, and CGT filing however).
I've tried to ask this before but got nothing. I'm wondering what the tax implications of selling Cash Secured Puts (and then if assigned the shares, selling covered calls).
E.g. If I sell these weeklies, I'm presuming it is going to be under income tax as opposed to capital gains tax due to the frequency, but I cannot find any information on this related to Revenue, or even Ireland for that matter.
I am just after doing my first Form 11 for 2020, and now ready to move to theta gang style trading and am wondering if anyone has done this on here before?
Thanks in advance!
I've tried to ask this before but got nothing. I'm wondering what the tax implications of selling Cash Secured Puts (and then if assigned the shares, selling covered calls).
E.g. If I sell these weeklies, I'm presuming it is going to be under income tax as opposed to capital gains tax due to the frequency, but I cannot find any information on this related to Revenue, or even Ireland for that matter.
I am just after doing my first Form 11 for 2020, and now ready to move to theta gang style trading and am wondering if anyone has done this on here before?
Thanks in advance!