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Strategies & Market Trends : Calls and Puts for Income

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To: Jim P. who wrote (5185)6/19/2012 3:25:25 PM
From: katytrader  Read Replies (1) of 5891
 
Jim, I believe that you can have a LT gain on the calls if they are covered by the underlying shares and you let the shares be called. The call premium is added to proceeds and the gain is LT if the holding period for the shares qualifies as LT.

katytrader
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