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To: Ibexx who wrote (53346)12/9/1999 9:03:00 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
There was a discussion of this here some time ago--general sentiment was much as you say: that put-writes aren't allowed in an IRA. But I remember being surprised when somebody mentioned a specific brokerage that supposedly allows this in an IRA. Perhaps it is all fluff. In any case, same basic goal can be accomplished in IRA with covered-call writing--being called out has no risk of taxable cap gains realization, so theoretical profit/loss curves can be taken more at face value than in taxable acct, where one might need to consider tax consequences of being called out of held common. (Excluding here the interest income one could potentially collect from cash held in a cash-covered put write situation.)