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Author: gollemf Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 266730  
Subject: Neophyte needs Help!!! Date: 9/13/2012 12:49 PM
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To Jeff & Staff,

I have an IRA account and my Brokerage would only grant me level 1
which allows me to so do one thing "sell covered calls" only.
I was told it is their policy (USAA) or is this an IRS regulation?

I really want to learn Option Trading. Will other brokerage firms who are not as conservative as USAA allow me to do more? If you can recommend which brokerage to use, I would really appreciate it.

Otherwise if all brokerages have the same restrictions, I guess I have to cancell my subscription.

Thanks so much.
v/r
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