Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (3089)	3/23/2000 10:28:00 PM
From: HIA	Respond to of 5810

If there is a market for the option itself...then the option has value in addition to the difference between the strike and the current underlying security price...In the U.S. the options market is supported by market makers and guaranteed by a clearing organization...You just sell the option and realize the full value of the option... Now...selling a long call and then buying the underlying security...is two separate transactions...but if there is a loss on the option then it could be a wash loss...