Just noticed some interest in people taking out put options over their share portfolio - must be the economic outlook. These are usually capital assets (contracts) to investors and the expenses are not deductible but add to the asset cost base - or if the options are exercised then form part of the costs/proceeds of the shares sold. If borrowing for the option purchase, consider keeping it separate from your general investment loan accounts to avoid interest deduction problems. Cheers, Rob
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