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Strategies & Market Trends : Gersh's Option trades

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To: Gersh Avery who wrote (3)7/7/2004 11:08:12 AM
From: kaka  Read Replies (1) of 652
 
Gershn

I wasn't aware one is allowed to use long options to cover short options in an IRA since there is a one day time lag between assignment and exercise and if assigned, you would be short the stock for at least one day. With my broker, only CC's are allowed in IRA's. Might be time for a change!

Cheers,
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