Covered Call Tax??

  1. 3,387 Posts.
    lightbulb Created with Sketch. 254
    Quick question guys...

    When writing covered Calls is the premium gained from selling a covered call treated as INCOME for tax purposes??

    I have always thought so but just checking. Hard to find info on the ATO or ASX sometimes.

    Cheers.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.