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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Wyätt Gwyön who wrote (84115)5/5/2007 4:45:20 PM
From: Paul Senior  Read Replies (2) of 206326
 
If I understand right, the violations occur because stocks are bought and sold in a short period of time (a few days)in an IRA where there's not a lot of cash backup in the account (and margin is not permitted).

If trades are going to be made like this, why not just use options instead of stocks? Would seem to me to get the same effect and yet not tie up so much money as with purchase of stock. (and so not run afoul of the regs.)

I'm not knowledgeable about options. Are they not permitted in IRA's?
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