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Suppose you were in a high marginal tax bracket and hadsignificant paper profits on a long position in 1,000 shares of XYZstock, after a ten month holding period. What option strategy couldyou use to take paper profits right away and still get a legalcapital gains tax break without incurring significant marketrisk?

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Lelia Lubowitz
Lelia LubowitzLv2
28 Sep 2019

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