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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 c
by 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 agothx!