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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (103915)4/11/2000 4:59:00 PM
From: deibutfeif  Read Replies (1) of 1571442
 
John, interesting point about the lack of tax consequences in an IRA.

I think that's why you sometimes see just out-of-the-money calls at expiration still have a value - due to people trying to close short call positions to avoid possible exercise (and therefore being forced to recognize cap gains).

~dbf
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