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Non-Tech : Invest / LTD

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To: Thean who wrote (1910)8/19/1998 8:41:00 AM
From: SJS   of 14427
 
Thean,

I used to do that, then graduated.

I may very very humbly suggest a program that will do it all for you: Quicken and turbo Tax. Small investments for traders.

1) If the option expires worthless, use 0.
2) If the call never gets called, you sold it for X and bought it for 0. IE, you take the all the money you got for it as ST cap gain.
3) It's always 2 separate puts and calls. It doesn't matter how YOU theortically consider them bound, to the IRS its two items.
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