Silicon Investor (SI) -- The First Internet Community

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 : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: jimleon who wrote (5150)	11/3/1999 3:03:00 AM
From: E. Davies	Respond to of 18137

Does anyone know a broker that allows naked put writing in an ira???? I doubt you will find one. Writing naked puts typically requires margin. IRA's dont have margin. The benefit of selling naked puts is not that profound relative to selling covered calls anyway. Eric

To: jimleon who wrote (5150)	11/3/1999 3:11:00 AM
From: Ira Player	Read Replies (1) \| Respond to of 18137

If you write a put in an IRA, you must have all of the cash available to buy the stock if put to you. Same win/loss profile as covered calls, less commissions. Recovery techniques are also less robust. None allow it, that I've found. (and I suspect the lower commissions is the reason) Good luck. If you find one, let me know... Ira

To: jimleon who wrote (5150)	11/3/1999 3:47:00 PM
From: OX	Respond to of 18137

Brown and Co. allow cash-secured naked puts in an IRA. But the interest they pay on cash stinks. There are a few others too (but I don't recall names right off--I think one is Benjamin and Jerold).