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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.

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