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Strategies & Market Trends : Selling Puts: Have Cash Will Travel
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To: Robert T. Quasius who wrote (1162)4/9/2000 11:23:00 PM
From: Tom K.  Read Replies (1) of 1235
 
...If you keep a LEAP for more than 12 months, the gain qualifies as a long term capital gain for tax purposes.....

Robert, good point. Unfortunately, I close mine out as I need them and don't take advantage of the LT gains.

Thanks,

Tom
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