Options trades tax rules from 1975 exchange guidelines
The Chicago Board Options Exchange issued four examples covering tax treatments for option trades in 1975. Scenarios include selling calls against owned stock, stock being called away, buying back options, and buying options exercisable at a strike. The guidance notes ordinary income, capital gains, and potential legislative changes, with advice to consult a tax expert for unresolved cases.
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Laff A Day: You See Anything Golden About These Years
A lighthearted quip questions if any bright moments define the current era. The line invites reflection on value and change, hinting at nostalgia or humor without specifics.
Kepone Shown To Cause Cancer In Lab Animals
Washington AP Kepone the pesticide linked to illnesses at the Hopewell Virginia plant causes liver cancer in mice and rats in a National Cancer Institute study. The agency fed Kepone over weeks and says risks to humans remain possible but uncertain. The Life Sciences Products Co plant was closed last July and Kepone banned.
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