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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (57516)11/16/1998 12:52:00 PM
From: Ms. X  Read Replies (1) | Respond to of 58727
 
I think Judy may know the answer to that question X.

Jan I am



To: epicure who wrote (57516)11/16/1998 1:07:00 PM
From: AlanH  Read Replies (1) | Respond to of 58727
 
X, re:Options in IRA

Help- Does anyone know of a brokerage that allows option trading in an ira account? I do not want to write covered calls- I can do that where I am now.

My understanding of IRA Fed regulations is that you may ONLY purchase options and/or write covered calls. That is, naked options and/or straddles are not permissible. Pehaps there is some taxation reason which escapes me; otherwise the rules are too stringent IMO. [Hopefully, I've properly interpreted your inquiry.]

On a seemingly unrelated note, I've been thinking about all that 401K/IRA money... What better way to guard the exits (while first-class guests depart) than with the steady stream of widow/orphan/clergy retirement money? At what point will this money be held ransom a la Japanese pension funds?

Cheers,
Alan