Capital loss on expired options

I have some call options which are due to expire at the end of the month. Currently they are out of the money and I won't exercise them. They are currently only worth about $100 and I don't think comsec allows such a small value trade.Just wondering how this is treated for tax purposes. Can I still claim a capital loss when I haven't technically sold the options? Any advice would be greatly appreciated

Carey said:

I don't think comsec allows such a small value trade.

Click to expand...

You should be able to close a trade, even if under the minimum value, otherwise change brokers FAST.

Can I still claim a capital loss when I haven't technically sold the options? Any advice would be greatly appreciated

Click to expand...

Yes.

Ok thanks heaps Wayne.