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Old 11-29-2007, 02:01 AM
pig4bill pig4bill is offline
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Join Date: Dec 2005
Posts: 2,658
Default Re: Why dont value investors write more covered calls?

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wow I totally forgot about the taxes. I guess it makes sense when you think a stock is approaching IV and you are ready to dump and move on, but yeah, the fact that your money grows tax free is huge.

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All you have to do is roll your calls forward before expiration. There's a chance they may get exercised early, but it doesn't happen often.
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