How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 478.47

-1.0%

Dec 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: johnd who wrote (28529)	8/23/1999 9:29:00 PM
From: blankmind	Read Replies (1) of 74651

JohnD, - I'm taking an educated guess.... but here goes.... - #1 - if you exercised a call - then the cost of the call gets added to the basis of the stock you bought; and there's no taxable transaction until you sell the shares of stock. So no taxable transaction if you still hold the shares. #2 - what do you mean by "option premium?" You mean call option proceeds from selling a call? If so, you'll pay tax when you buy the call back or they expire.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next