Option Trading Articles: Re: [TheOptionClub.com] SuperPut

Monday, June 29, 2009

Re: [TheOptionClub.com] SuperPut - SID

Jeff,

Your statement is not true. Short options are permitted in an IRA and
there is nothing about a short option that threatens the account's tax
sheltered status. The legal limitations concerning investments in an
IRA are very few.

Your broker may limit what you trade in your IRA. But that is their
call and has nothing to do with legality, rationality, or practicality.
I've been trading short option positions in my IRA accounts for years.

Christopher Smith
TheOptionClub.com

--- In OptionClub@yahoogroups.com, "jeff_williamsen" <jeff@...> wrote:
>
> Vikas,
>
> The only short positions allowed in an IRA is Covered Calls, and Cash
Secured Puts is effectively the same thing. No other shorting is allowed
to protect the 'tax sheltered' status of the account.
>
> Jeff W
>

__._,_.___

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