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See Shasta

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Re: Newly2b post# 626973

Thursday, 07/09/2009 12:50:08 PM

Thursday, July 09, 2009 12:50:08 PM

Post# of 704019
I believe IRAs are a great place to do covered calls. If the call you write is in danger of being exercised and you don't want to buy the calls back, then when you have to sell the stock you don't have to worry about if the gain is long term versus short term (and possibly starting the clock again on a new buy should you choose to buy new shares.) I hope this makes sense.

Newly, I owe you a reply on an older post. I hope to get to it tonight.
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