IRS, Tax related strategies--Traders Message Board

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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Colin Cody who wrote (364)	6/23/1998 7:42:00 PM
From: Dragonfly	Read Replies (2) of 1383

I read recently that now capital gains that are held for more than 18 months before realized are taxed at a lower rate. Does this apply to options contracts that are held for > 18 months (LEAPS) before being sold or exercised? IF exercised, is it counted as a capital gain, or is it only a capital gain when you then sell teh underlying stock you bought when exercising the options? Dragonfly

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