Home Tax Tips Investment Taxes How to write-off options that are 0 in market value (and non-marketable)

How to write-off options that are 0 in market value (and non-marketable)

Hi, I have some call options that I paid quite some $ for and now are 0 in market value. The options will expire in January 2008. They are no longer marketable at 0 value, and I no longer expect the price to go back up at all. Is there anyway that I can write off the loss in year 2007? Thanks, Read Entire Article