### Question
How does the law define applicable straddle?


### Answer
Under *26 U.S.C. § 1258*, **applicable straddle** is defined as:

> any straddle (within the meaning of section 1092(c))

#### Citation:
  - *26 U.S.C. § 1258*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter P-Capital Gains and Losses > PART IV-SPECIAL RULES FOR DETERMINING CAPITAL GAINS AND LOSSES**

