How are options taxed by the CRA?

Discussion in 'Ask any question!' started by TomB16, Sep 3, 2018.

  1. TomB16

    TomB16 Well-Known Member

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    We're retired. We have come into a little bit of cash that I would normally roll into our high dividend stocks but I'd like to defer tax on any income from this money to 2019, if possible.

    I'm considering either buying a call or selling an OOM put. Either would have an expiry date in early 2019.

    I would guess they are taxed differently. Perhaps the call is taxed as a capital loss, as it's an expenditure that should be deductible from CG? How is selling a put taxed?

    Thanks in advance for any information.
     
  2. TomB16

    TomB16 Well-Known Member

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