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Non-Tech : Invest / LTD
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To: SJS who wrote (14135)12/11/2000 11:49:55 AM
From: Jeffrey Beckman  Read Replies (2) of 14427
 
Steve, Mike and covered call experts,

Well, my first batch of BRCM covered calls are looking pretty ridiculous, calls selling for over $50 now, only about $3 premium left. Even the 4th batch 125 stock/135 calls aren't looking that smart today (g).

Anyway, the thought just occurred to me last night that the fatter sold-calls would make a nice year '2000 tax loss.
I'd like to sell less expensive (out of money) calls to help pay for them though. Can I do this and still claim the tax loss?
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