Don, Schwab's IRA policy is set forth at: http://www.schwabat.com/Options_Trading/IRA.aspx ---------------------- There it says,...
Thanks Richard. Actually, Schwab is a good broker, yet they "currently" (their choice of words) don't allow uncovered Put writing inside their...
Rearden Metal, you're being kind to me. Actually, in this example, 100% of my entire $6.91 investment is at risk, should AGIX go to zero....
Richard, I'm not sure why you are quoting me. I said a long time ago that a covered call write was the synthetic equivalent of an uncovered put...
Nanook, you're probably right that naked call writing is not allowed in an IRA account. However, there is an easy and cheap way to get around...
A529612, actually I can name several US brokers who permit credit spreads in an IRA, e.g. Schwab, Optionetics, TradeKing. These are the three I...
What is a prop group?
Smiling, that's how I was thinking a few years ago on ANLY before I took my lumps, when I bought in at about $19. Bob
I had the exact same thought. In my IRA account a few days ago I tried to do this synthetically with a covered call write with the April $5. I...
Nanook, thanks for the response; however, I'm not big on names. One of the points I was trying to make in that long-winded post above is that the...
When I first came on to these boards, I felt I was a pretty good options trader. After my first few postings, Ursa and a few others knocked me...
Simon, that 1% you speak of...what period of time are you thinking about? Bob
Donahuedc, thank you for your posting. You're absolutely correct, Nikko is right in saying this is a trade with higher risk one normally...
Nikko, if there is an unfavorable FDA decision and IV drops like a rock (the one thing you and I both agree on), if I am so inclined, I will...
Nikko, in all due respect, I wasn't painting any kind of story. I was merely laying my trade out with actual numbers and dates and attempting to...
Ok, let me give real numbers of the actual trade I presently have on. All dates and amounts are actual and the prices are NET of commission....
Rallymode, yes I realize that. I've been through numerous of these FDA anticipations. I'm of the opinion that there is an FDA announcement,...
IV Trader, thanks for the caution. I don't have a big position here. I was attracted to this, as you can appreciate, by the fact that the March...
Ursa, actually tax season is at its high point. In the US, individual tax returns are due April 15 and corporate returns are due March 15. Even...
Hi Ursa...great hearing from you again. I hope all is going well. I am very appreciative that both you and Michael took the time to analyze the...
Separate names with a comma.