Tax loss harvesting

[benchmark]

I have some INTC that I want to sell for tax loss before the year end, but also thinks that it will go up. I'm wondering if I sell the share today (at $26.xx) and then buy Jan 25 $20 option, would IRS consider that a 'wash sell'? 

[johnpane]

IRS Pub 550:

 

A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you:

1. Buy substantially identical stock or securities,

2. Acquire substantially identical stock or securities in a fully taxable trade,

3. Acquire a contract or option to buy substantially identical stock or securities, or

4. Acquire substantially identical stock for your individual retirement arrangement (IRA) or Roth IRA.

[benchmark]

6 hours ago, johnpane said:

IRS Pub 550:

 

A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you:

1. Buy substantially identical stock or securities,

2. Acquire substantially identical stock or securities in a fully taxable trade,

3. Acquire a contract or option to buy substantially identical stock or securities, or

4. Acquire substantially identical stock for your individual retirement arrangement (IRA) or Roth IRA.

thanks @johnpane.