IRS, Tax related strategies--Traders Message Board

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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Colin Cody who wrote (495)	9/17/1998 4:35:00 PM
From: Mark Z	Read Replies (3) of 1383

<<As an alternative you MIGHT be able to sell the option on the OPEN MARKET and have the IRA purchase the option on the OPEN MARKET.>> Can one purchase options in an IRA account? I thought that was verboten? John>> What's the problem with just selling the options and purchasing a similar quantity of shares, separately, in the IRA? If the option expires tomorrow, you lose a little but if there's still some time premium in it, you'll probably come out ahead.

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