Help needed on wash sale rule

[crazyeddie]

Here is what my situation looks like.

01/01/00 Buy 100 shares of XYZ at 10$ a share
02/01/00 Buy 100 shares of XYZ at 5$ a share
03/01/00 Buy 100 shares of XYZ at 1$ a share

06/01/03 Sell 300 shares of XYZ at 2$ a share

06/05/03 Buy 150 shares of XYZ at 3$ a share
(don't think it matters but those were options I bought
when I stopped working for XYZ)

I understand I triggered the wash sale rule by buying those
last 150 shares. What I don't know is how I need to match
those.

Do I:
a) Use the 800$ loss from 01/01 plus half the 300$ loss from
02/01 and add that 950$ to the cost basis of the 150 shares

or can I:
b) Use the 300$ loss from 02/01 plus half the 800$ loss from
01/01 and add that 700$ to the cost basis of the 150 shares.

The second solution would allow me to claim a bigger loss
now which would be nice but I'm not sure if I can do that or
not.

Can anyone help me on this?

Thanks