does anyone know of a brokerage firm that will allow you to sell uncovered puts and calls in an IRA? If so, pls let me know.
1) Naked calls, no. A firm won't tolerate that type of potential, open-ended risk.
2) Naked puts, yes. Your account will be margined at the strike price minus premium to protect the firm from a total collapse of the underlying to zero. Covered-call writing would be easier because you're already "long" the stock instead as an equivalent synthetic substitute for the short-put. I don't endorse any firms. Look at the "bigger" ones first.