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ScienceForte ScienceForte
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3 years ago
Justin owns 400 shares of ORNG stock which he bought 10 months ago at $20 per share and has now risen to $35 per share.  He is afraid the stock price will fall before he has owned it for a full year, but wants to postpone realizing profits on the stock for several months, when it will become a long-term rather than short-term gain.  He can protect his profit and avoid the short-term capital gains rate by

▸ writing covered calls.

▸ writing puts.

▸ buying puts.

▸ buying calls.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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duankong-feiduankong-fei
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3 years ago
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ScienceForte Author
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3 years ago
This calls for a celebration Person Raising Both Hands in Celebration
yen
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Thanks for your help!!
jasonbourne
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2 hours ago
You make an excellent tutor!
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