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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Herm who wrote (11242)7/19/1999 10:20:00 PM
From: Benchman  Read Replies (2) of 14162
 
Anyone:

I have a tax question on wash sales. If I sell a covered call on 2/15/99, then buy it back on 3/1/99 for a loss, then sell another call on 3/1/99 for another month and strike price on the same stock, do I lose the loss I made buying back the call from 2/15/99? The wording in the tax book is a little vague on that, and since this is the "covered call" thread, I thought I'd ask <gg>.

Thanks for any help someone can give me.

B
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