Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: greg nus who wrote (79034)	11/8/1999 6:23:00 PM
From: Elmer	Read Replies (1) of 1574681

Re: "John, If you are unaware naked puts transactions are not permitted as a prudent investment for an Ira account. Therefore they are restricted from ira accounts. Thank our goverment for protecting your investment interests. You may of coarse go naked in a taxable (ordinary) account. But you probable know all this. " I write PUTs in my IRA. It is allowed against a cash balance. Most brokerages don't allow them but it is a matter of policy not law. EP

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