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Technology Stocks : Compaq
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To: Mike Gordon who wrote (23427)3/26/1998 9:04:00 AM
From: Tom Gebing  Read Replies (2) of 97611
 
Mike, You can only buy protective puts and write calls against you stock holdings in a IRA. That is the rule. Keep in mind , not all brokerage houses allow investors to use these rules. Schwab for the longest time would not allow buying protective puts. They changed this house rule about 4 years ago.

Regards,
Tom
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