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To: Jacob Snyder who wrote (9486)11/10/2001 11:42:37 PM
From: Uncle Frank  Respond to of 10934
 
>> I think I could argue that two calls (same stock, same strike price) are not "substantially identical" if one has an expiration date 2-4 months out, and the other is 2+ years out.

Folks on options threads might be able to provide input on tax considerations. What you're proposing doing is one of their standard plays - a calendar spread.

uf



To: Jacob Snyder who wrote (9486)11/13/2001 11:35:54 AM
From: SecularBull  Read Replies (2) | Respond to of 10934
 
I am trimming my leaps to recover my cost, and will let the rest ride. Looking to buy back at lower levels. Stock is frothy, I wager.

~SB~


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