On January 17, 2017, Marina purchased a put option for $400. The option expired on August 19. 2017. What should Marina report on her 2017 return?

A. $400 of investment expense.

B. 5400 of long-term capital gain.

C. $400 of short-term capital loss.

D. No gain, loss, or expense related to this transaction.

    • 5 years ago
    Answer
    NOT RATED

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