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To: Henry J Costanzo who wrote (156025)11/19/2007 5:20:49 PM
From: jjstingray  Respond to of 209892
 
Gotcha



To: Henry J Costanzo who wrote (156025)11/19/2007 9:59:14 PM
From: Chaz  Read Replies (1) | Respond to of 209892
 
Henry

I've always wanted to ask this question. When someone says they are rolling over their options, what does that actually mean. I used to think it meant you would sell your current options for this month or next month and buy the proceeding months that are available, however, that would entail capital gains and paying taxes and I've seen you say many times that the tax burden on some of your momos would be "great" if you had to cash in. Please do enlighten me??

Thanks
Charles