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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: KFE who wrote (1756)	12/29/1999 3:18:00 AM
From: RoseCampion	Read Replies (2) \| Respond to of 2241

Securities cannot be used because what would you do if they decreased in value (despite what most people believe right now is impossible). You would run into over funding problems if you tried to deposit more funds. Ken, thanks. I understand. They _could_ run your IRA as a psuedo-margin account (essentially giving you a "margin call" which you could satisfy by making a legal contribution and/or selling off something already in the account), but that would be a bookkeeping nightmare and probably not at all worth the trouble it would cause to them and to the customers that put themselves in that bind - which is essentially the point you make for even allowing simple cash-secured puts. I also very much appreciate your elucidation of the problems of allowing spreads in an IRA (in the previous post); I never thought through all the details before to realize why it wouldn't work. Thanks. -Rose-