options trading tax

Does anyone know how do options get taxed?  I read that they do not have to be reported by a brokerage and I do not understand that?  Anyone have any experience with this issue?  Thanks for the help!!

It depends on the holding period, how long you owned the option.

It depends on the holding period, how long you owned the option.

I haven't fooled with stock options in years BUT they used to be taxed as short term capital gains or losses (unless you are a Hedge Hog)

My understanding is if you hold longer than a year then they are netted long term.

Unless you are selling naked options short, if you hold the uncovered option longer than a year it is considered a long term investment.

Of course covered calls just lower cost basis on the underlying stock.

I did not hold longer than a year and also some were naked options that I sold short as well as selling puts.  Thanks guys for the help!