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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jean M. Gauthier who wrote (55323)12/21/1999 1:43:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
My 2001 LEAPS are in a sheltered account, Jean, so I will sell them in April 2000 and recover the remainder of the time premium along with the intrinsic value.

uf



To: Jean M. Gauthier who wrote (55323)12/21/1999 12:24:00 PM
From: freeus  Respond to of 152472
 
The Roth book says to sell leaps about 6-9 months before expiration. That's if its in a non taxable account.
In a taxable account you might want to wait for expiration and exercise (and then sell if you have to because of budget constraints) because of capital gains preferential treatment, or sell and buy the next year out if you can afford it or just keep the stock if you still believe in the company and can afford it.