The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (199042)	4/29/2009 10:20:06 PM
From: ChanceIs	Read Replies (1) of 306849

>>>is there anyway to play the downside in apparel in an ira?<<< You should be able to buy puts. I know that you can sell cash covered puts in an IRA. Selling options (calls or puts) is always more risky than buying them. Sometimes you have to go and fuss with the IRA supervisor (often your broker) to be allowed to sell cash covered puts. Buying the puts shouldn't be a problem. I checked on Rydex for a sector specific inverse retail/apparel fund. They didn't have one. Rydex pioneered the inverse funds - basically being short by being long the fund. Its good for fooling IRA managers and the IRS. The IRS views all short sales as ST capital gains. If you buy an inverse (short) fund and hold it for a year and a day, then you get the LT cap gain - even though you were short. Go figure. Lots of folks here have used the Merrill product - Retail Holders Trust (RTH) to participate in the retail sector. That is a straight long fund. You would have to short the fund or buy the puts. It does trade options. Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next