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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JGoren who wrote (1441)	7/11/2001 8:56:31 PM
From: rocklobster	Read Replies (1) of 5205

thats exactly what they do... You pay full taxes on ST capital gains and are limited to like 2000 a year on ST capital losses.. so if you take huge losses, you have to carry the losses forward and deduct a little bit each year but if you have huge gains, you pay all the taxes right now. not sure about exact details...just remember being a little more than peeved at the accountants last year rok

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