text: short term capital loss or wash sale? suppose i bought 100 shares of xyz. within the next 30 days i wish to dispose of it for something else, so i decide to write 1 option contract that is deep in the money so that my 100 shares are assigned. assuming assignment produces a small loss, would this be considered a short term capital loss or a wash sale? it is not a wash sale. that comes into play only if you buy the stock back within 30 days.