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To: jetcityrandy who wrote (31755)4/5/1998 6:41:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Randy,

I do not know what other IRA's permit, but mine allows the following:

1 Buy PUTs and CALLs
2 Sell PUTs and CALLs that I had purchased(obviously)
3 Sell Covered CALLs

That is it. I can NOT do the following:

1 SELL PUTs or CALLs I do NOT currently own
2 Can NOT SHORT a stock

As for what IRA's are out there that Allow that type of investment, some on this thread have already mentioned Schwab and Fidelity. But I am sure many others also offer it. Especially the larger Accounts of $100k and up. You can bet if it is legal they will offer it to get the business.

DavidG