MU → $1,000.00 by Aug 3, 2026.

Hi all, I'm contemplating whether it would make sense for me to close a covered call at a loss to offset short-term capital gains on a deep ITM long-term call option. Closing both of these positions would occur in 2026. I'm at the highest tax bracket. I'd like to hold onto the shares that are currently used for the covered call until they're at least eligible for long-term capital gains, which would not be until sometime in 2027. I know …