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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Tito L. Nisperos Jr. who wrote (62092)3/14/2002 10:50:07 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Tito and thread,
How are options treated for tax purposes. Are they cap gains/losses or just income. And what happens if you write a covered call--is that income? mike



To: Tito L. Nisperos Jr. who wrote (62092)4/17/2002 12:30:46 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
AMAT YoYo Demo —- This Demo is not qualified to Migrate to the Full Disclosure Thread. The Techniques included in this Demo worked for me during the past 2 Bull markets. This Tamed version (not as Wild or risky as what I really do) is my contribution to this Thread —- to help, especially those who have little money to invest, to have More Bang for their Bucks through Options.

SOLD 4/17/02 @ 5.40/sh AMAT 40 Calls Apr 22.5 Bought 3/12/02 @ 3.60/sh … GAIN = 7,200
SOLD 4/17/02 @ 2.70/sh AMAT 40 Calls Apr 25 Bought 3/14/02 @ 1.80/sh … GAIN = 3,600

Accounting at end of day.