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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: VinWood who wrote (11070)	11/14/1997 2:17:00 PM
From: Tito L. Nisperos Jr.	Respond to of 70976

Vince, my Fidelity Brokerage account where I trade Options the most is a RollOver IRA (converted from 401K). My wife, after given the nod, is waiting for the forms to fill up in applying for a Brokerage/with Options trading capability account in her pure, non-rollover IRA.

To: VinWood who wrote (11070)	11/14/1997 2:25:00 PM
From: jim shiau	Respond to of 70976

>I think you will find that you cannot buy LEAPS in an IRA. I know e-Schwab does not allow it. I talked with Pru. and they said you can sell naked put or buy call in the ira, but you must have enough cash to cover your transaction, and you don't allow to use margin.