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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joe Waynick who wrote (52118)	6/10/2001 4:42:41 PM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Hi JOE, I know Scottrade does not.erggg Bob

To: Joe Waynick who wrote (52118)	6/10/2001 7:56:07 PM
From: Sergio H	Read Replies (3) \| Respond to of 94695

<naked puts are equivalent to covered calls> Hi Joe. Naked puts are not allowed in any IRA account because of the risk. Naked puts have infinite loss potential. The underlying stock can theoretically go up and up and up. On the other hand, covered calls have a finite loss limited to the value of the underlying shares in the event that the shares all of the sudden become worthless. Sergio