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


To: Uncle Frank who wrote (4873)4/1/2007 4:42:33 PM
From: Lonnie  Respond to of 5205
 
UF,

You are right. At the sale of the stock (covered call), you add the premium to the sale price. The gain or loss is taxed.

For Quicken users, how do you "add" the premium to the sale without messing up the previous entry for the sale of the call option?

Lonnie



To: Uncle Frank who wrote (4873)4/2/2007 3:50:32 PM
From: MJ  Respond to of 5205
 
Uncle Frank that is what I do also.

mj



To: Uncle Frank who wrote (4873)4/12/2007 1:05:30 PM
From: Bridge Player  Respond to of 5205
 
Message 23450188