Don't forget there is no capital gains discount on Options. Holding period only starts once converted.
So if your planning to hold and trade the listed option in a year or more, factor that in
i.e. if the share doubled from here in a year +
- Sold Oppies up 50c taxed on 50c
- Converted Oppies to shares early (ignoring required capital to convert) shares up 50c taxed on 25c
....BUT if you'd spent the above capital on more listed oppies @ 10c rater than converting you'd have 5 bagged
Ann: Issue of Free Bonus Options, page-10
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
