When we buy and then sell a stock, the purchase date comes first. When we sell an option and then buy it back (buy-to-close or BTC), the sales date comes prior to the acquisition date (Buy-to-close). Here’s how it looks in the Schedule D of the Elite version of the Ellman C...
“Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in the housing market purchase activity and home prices over the medium term. The next 12 to 18 months are going to be very tough times for the broader economy. As employment and economic a...