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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (240)	12/6/1997 12:33:00 PM
From: Colin Cody	Respond to of 5810

I remember hearing years ago that options were "always short-term", but I don't know of any basis to support that today. . IMO, the sale of an Option / LEAP held longer than 12 or 18 months, would qualify for the lower rates, as applicable. Maybe someone else has some thoughts about options being short-term?? . The holding term for the stock acquired by exercising an option was referenced by a post of mine a week ago, if you look back you'll see it. That post also mentioned the holding period for exercised warrants. . Colin