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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (9109)11/20/1998 3:04:00 PM
From: k.ramesh  Read Replies (3) of 14162
 
What are the threads thoughts on how to handle stocks you might have bought long ago, that you have gains on, let us take intc as an example, though it has shot up lately, assume it is at 90 and has been yo yoing between 60 and 90.
If your CC's get called then you pay a price in taxes now, how can one avoid that, Far out of the money does n't seem worth the effort.

Q2, How is CC income taxed? after the position is closed or expires or is it income as soon as you write the call.
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