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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (12787)5/24/2000 11:06:00 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 14162
 
What is the advantage of shorting against the box vs. just selling? Hasn't the IRS called this type of thing a constructive sale for tax purposes?



To: Herm who wrote (12787)5/24/2000 12:22:00 PM
From: robwin  Read Replies (1) | Respond to of 14162
 
Thanks Herm,

I have 400 shares at about 85...I am not sure what you mean about shorting against the box...can you explain a little more?