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To: jmac who wrote (28044)8/29/1999 10:39:00 PM
From: MileHigh  Read Replies (3) | Respond to of 93625
 
jm,

I read that if you buy puts against a stock held in a taxable account, your 1 year long-term capital gains holding period is "restarted" and you will then need to hold the stock for another year after the date of the put purchase to qualify for the LT gain benefit.

Is this your understanding?

MileHigh



To: jmac who wrote (28044)8/29/1999 10:45:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Try the SEPT 105's for 5 more points downside for only 2.5 dollars more?! JMTC's

MileHigh

edreyfus.com


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