How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: FruJu who wrote (11396)	8/19/1999 11:24:00 PM
From: KevinD	Read Replies (1) of 14162

I guess you could consider taxes but I don't. I don't see taxes as part of the gain or loss but as a consequence of the gain or loss the same as on the stock play. I don't look at a doubling in price of a stock I bought as a 60% gain because I have taxes to pay. It is a 100% gain that I am thankful that I have to pay taxes on, although I wish it was not 40%. I remember all too well, the times when I owed little in taxes and I really don't want to go back there. I would much rather deal with the problems that go along with owing a lot of taxes.

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