Hindsight is 20/20 and all that, but in case anyone finds himself in a similar position, there are hedging strategies that avoid the 1259 constructive sale rule

Hindsight is 20/20 and all that, but in case anyone finds himself in a similar position, there are hedging strategies that avoid the 1259 constructive sale rule. You have to take some risk but you can put a floor on it.