I bought a stock in 2016 for $100. I sold a covered call option in March 2020 (for Sept 2020) @ strike price $120 for a premium of $10. The stock was called away in August 2020. So my gain on the stock is a total of $30 (120-100+10).
Is the entire $30 LTCG? OR is the Call Premium ($10) considered as STCG
TIA