Skip to main content
No. of Recommendations: 1
I've been selling covered calls against MCD netting over $5.00 in premiums this year.

The recent run in the stock has my 11/30 expiration at $101.00 is way underwater.

It looks like I can roll to Jan17 $105 at break even for a 7% call away return. Good part of this is that I can claim a nice capital loss on the option in 2015.

Let it go and I'll have a long term capital gain in 2015.

At $105, MCD is trading at 19.7x 2016 EPS estimates.

I'm interested in comments as well as voting.
Thanks to all that play along...
Let it go and pay the long term gains tax.
Roll it out and take the tax break.
I'm ROFL at this problem.

Click here to see results so far.

Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.