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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: andydaoust who wrote (3426)2/26/2002 6:15:04 PM
From: BDR  Read Replies (2) of 5205
 
<< I still can't find answers to: "selling qualified covered calls that are in the money suspends holding period for underlying stock".>>

Holding periods and tax implications of covered calls are mentioned in McMillan and Roth (currently available editions are 8+ years old). The subject was discussed some on the How to Write Covered Calls Thread about a year ago:
Message 15226461
siliconinvestor.com
and subsequent posts.

and it came up again on this thread in May, 2001 and at other times:
Message 15767737
and subsequent posts.

Hope that helps but it probably won't since the application of the rules relies on the interpretation of phrases like "deep in the money". How deep is deep?
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