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lugan

10/20/11 11:05 AM

#216706 RE: rwk #216701

Thanks
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Kaleid

10/20/11 11:44 AM

#216711 RE: rwk #216701

"And for tax purposes, your cost basis becomes the $2.50 plus the option premium cost. "

I think that would be the option cost ..not option
premium cost"

The premium cost is the difference in SP and cost
WHEN you BUY....not when you SELL


K