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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: BDR who wrote (1404)5/22/2000 8:34:00 PM
From: SJS  Respond to of 3951
 
Actually Dale, it is both. LEAPS are LT instruments that get taxed at LT rates if you hold them the over 1 year.

As well, the only other case is when you change the basis of a LT stock position with a ST call as you "get called" and sell the stock. You get a little kicker on that one (for free).

Steve



To: BDR who wrote (1404)5/22/2000 8:55:00 PM
From: SecularBull  Read Replies (1) | Respond to of 3951
 
I'm sorry, but I do not agree with you. LEAPS are LTB&H, imho.

I am not a daytrader, and long term options are a significant part of my LTB&H strategy.

LoF


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