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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (3096)12/3/2001 12:07:12 PM
From: Knighty Tin  Respond to of 5205
 
DD, Your reading on the tax treatment is correct. Investors have to remember that the IRS doesn't know or care whether your call was a covered write or a naked write. Don't tell them how. Tell them how much. <g> Exercises are a different game and I never mess with them in taxable accounts.