Sec. 1.1234-4 Hedging transactions.
The character of gain or loss on an acquired or a written option that is (or is identified as being) part of a hedging transaction is determined under the rules of section
1.1221-2.
[T.D. 8493, 58 FR 54037-54041, Oct. 20, 1993. Redesignated from § 1.1234-4T and revised by T.D. 8555, 59 FR 36360-36367, July 18, 1994.]
