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Technology Stocks : Full Disclosure Trading
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To: Sam Citron who wrote (9372)10/15/2004 9:00:42 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 13403
 
OT >> Anybody know whether sale of out-of-the-money covered call affects holding period of underlying stock position?

Selling covered calls does not affect holding period in any way. Your down-side risk in holding the stock was never suspended. And the short position in the calls is not an "offsetting position" to your long position.

Great trade, Sam. The turtle beats the wannabe-hare again!

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