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B. Call options value increases with lower strike price while put options value increases with higher strike price. This is known as "moneyness".

One way to find out. Take it to a bank and try opening a checking account with it. Do not deposit it into your own already established account.

... you money, therefore, you have a cash outflow or negative cash flow. The put option gives you the right but not the obligation to go short on, i.e. sell Keebler, Inc at $75 in September. Therefore, if the price is lower...

This is a very complex question, and the answer is case by case, depending on your exact circumstances. Going by tax considerations alone isn't the best way to do it. Sole prop has the advantage of being...

Wil E Coyote would agree.

Have a lot of soap water and paper towels.

I don't think they are publicly traded. Their websites "investors" links lists which companies are their major investors, companies like Time Warner...

You are right - short term cap gain. IRS Pub 550 table 4-1.