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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (2690)10/14/2001 10:41:00 PM
From: TShirtPrinter   of 5205
 
Greetings Unc Frank,

The risk I think of when selling CC's on stock I would like to keep for several more years is that it might run away to the point I'm too cheap to buy back the calls. Then I have to deal with cost basis/taxes to Uncle Sam.

Now having said that, given the market the last year or so, I seem to still "jump in front of the train" to pick up coins as you have told me in the past. Can't break the habit.

Tony
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