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Do I Pay Taxes When I Sell Covered Calls? capital gains cash secured put cost basis covered call options trading passive income taxes Mar 12, 2025

🖥️ Reading time: 2 minutes

🛑 Short answer: YES.

If you’re selling options in a taxable brokerage account, you’ll owe capital gains taxes on your profits.

📈 You owe taxes when you realize capital gains, such as:
✅ An option expires worthless, and you keep the full pr...

What is Cost Basis? capital gains cost basis fifo options trading taxes Mar 12, 2025

🖥️ Reading time: 2 minutes

Why is it Important?

🧐 Ever heard of cost basis but not sure what it means? Do you even need to care as an investor or options trader?

Simple Answer:

💰 Cost basis is the original price you paid for an investment.
📊 It’s important when selling stocks or options becau...