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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: DownSouth who wrote (21176)3/24/2000 12:49:00 PM
From: Brian Sullivan  Read Replies (2) of 54805
 
Are you sure that Fidelity allows "naked options" in an IRA, I thought that this along with short sales were not allowed due to government regulations on IRA accounts.

Here is a simple question: Can I write put contacts on a stock using my IRA account? and if so do I need to keep a large cash position in my IRA to offset any chance of being assigned the shares (as the stock could in theory drop to zero)???

I recently complete a transfer of assets from Schwab to Fidelity. The transfer via DTC was to take three days, instead took Schwab four weeks and they are still trying to fix it.
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