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Technology Stocks : All About Sun Microsystems
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To: Bald Eagle who wrote (7836)2/19/1998 12:00:00 PM
From: SSS  Read Replies (1) of 64865
 
Wiseowl-

thanks for a very useful explanation. two more questions from
an options newbie-

1. how does the irs treat the income you get on your covered
calls? is it regular income, or can you use it to reduce
your cost basis (which i think you're implying in your
example)

2. what's the "base" symbol for sunw options, and where can
one get quotes?

thanks!

SSS
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