Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 233.63

-3.0%

Nov 6 3:59 PM EST

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To: SecularBull who wrote (33819)	1/17/2000 11:59:00 AM
From: Harry Sharp	Read Replies (2) of 70976

>>You are correct, the option holding period is added to the holding period for the stock.<< WRONG! (As Crammer would say) Once again: In determining the one year holding period for a LT capital gain in the United States the one year period begins when the option is exercised. If you hold a call option for six months and then exercise it and take the stock THATS when the holding period starts. You will have to own the stock for one year in addition to the six months you had the call option.

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