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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (1169)	6/21/2001 7:19:44 PM
From: JohnM	Respond to of 5205

They have to let you buy "protective" puts on stock you hold even in the IRA , if they tell you no then they don't know the law. You can't buy and sell any naked options in an IRA , only write covered calls, or buy "protective" puts. But after you got em you can trade em as long as you hold the stock. Jim, Well, they've told me they are "working on" more options for options in ira rollovers. But I'm not interested, at least not for the moment. I've got a ways to go (a little Texas speak) before I'll try anything beyond what I'm presently learning. John