[TheOptionClub.com] Re: SuperPut - SID

Jeff - I use thinkorswim - TOS. They will allow any
"risk defined" option strategy..cover calls, cash secured naked puts,spreads..credit or debit, collars. The only thing I can NOT do is naked calls because risk is undefined. Check them out, I've been with them for over 2 yrs. David

--- In OptionClub@yahoogroups.com, "jeff_williamsen" <jeff@...> wrote:
>
> Who is your broker?
>
> Jeff W
>
> --- In OptionClub@yahoogroups.com, "Christopher Smith" <chris@> wrote:
> >
> > 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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