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Old 05-02-2006, 04:07 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Is Scottrade the way to go?

[ QUOTE ]
you can buy calls, sell covered calls, and buy puts in IRAs. If you fall under the guadlines as an informed trader with experience. Ameritrade, scottrade, and fidelity wont let you sell uncovered calls or sell puts in IRAs because they aren't allowed margin rights.

[/ QUOTE ]

The first statement isn't true for ALL brokers... you need to check with your broker whether they allow those types of options transactions in IRAs.
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