hi,
i have a general question that I hope someone can help me with please;
if i own a parcel of shares and write covered calls against the parcel, is the premium received income or can it be applied against the cost base of the shares ? i.e. it will be a capital gain when i sell the underlying shares ?
thanks in advance for your help
don
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- tax treatment of covered calls .. advice pls
hi,i have a general question that I hope someone can help me...
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