Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Colin Cody who wrote (230)	12/5/1997 5:52:00 PM
From: Sonki	Read Replies (1) of 5810

collin, if i hold a leap for 1.5 yr. on a stock is that a long term? or are options always short term gain regardless of the time held? also if i exercise my leap that i bot in open market, then lets say i sell the stock few weeks later, does my holding period start when i bot the leap? or when i exercised the stock. i know that cost basis includes the premium i paid + strike price.

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