---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39252126.md"
description: "Avoid taxes, sell the underlying shares, and switch to selling PUT options. Book floating losses as realized losses in the financial report, buy back if the price falls cheaply, and collect the premium if it rises."
datetime: "2026-03-13T14:35:13.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39252126.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39252126.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39252126.md)
author: "[嘿嘿^](https://longbridge.com/en/profiles/16808539.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39252126.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39252126.md)


# Avoid taxes, sell the underlying shares, and switc…


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## Comments (2)

- **小米，美团还钱 · 2026-03-13T16:10:13.000Z · 👍 1**: The explanation is very profound, but I still don't quite get it.
  - **嘿嘿^** (2026-03-13T16:12:39.000Z): Taxable income, loss relief. Contracts are counted as expenses. The zero-out capital play.😂