It is my understanding that if an investor owns a stock and sells a qualified covered call then dividends from the stock are still qualified. However, if an investor owns a stock and buys a put option to protect his position, then any dividends from the stock are qualified.
If an investor owns a stock and sells a qualified covered call against it and then hedges the call position by selling a put on the stock, are the dividends still qualified from the stock? Are there any unexpected tax consequences by selling the put? For example, will the straddle loss limit rule come into effect?