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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Greg Higgins who wrote (7517)	5/26/1998 3:32:00 PM
From: Joey Smith	Read Replies (1) \| Respond to of 14162

Vincent, Greg: Thanks for the fast reply. Actually, the information you gave me has been very useful. I'm looking to sell way out-of-the-money LEAP Calls, since: 1). I don't want to get excercised this year because I want to wait the 1.5 years for the lower tax on capital gains for the stock I own. 2). I already have to pay mucho capital gains this year and want to spread it out. The fact that I wont be taxed on the premium revenue right away is very good news to me. thanks again, joey