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On January 17, 2017, marina purchased a put option for $400. The option expired on...

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Accounting

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. $400 of long-term capital gain
C. $400 of short term capital loss
D. No gain, loss, or expense related to this transaction.

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