3 ms·

I thought you could not short stocks in an Ira, only sell covered calls? Is there some way around this rule? https://www.investopedia.com/articles/personal-fin

• gruez 5y ago
  options, maybe?
  • jliptzin 5y ago
    Yea sounds like put options, an outright short wouldn’t have gained that much %
• alephnan 5y ago
  You can do Level 2 options trading in a IRA. So you can sell covered puts / calls, or buy puts /calls. Those do not require margin. You cannot sell uncovered calls / puts, which would require margin. Part of my position was buying $280 weekly puts which were $1.39 each, now $49.5 each ( still haven't sold lol).
  • hnburnsy 5y ago
    thx!