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Author: Crosenfield Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75793  
Subject: Re: Options Trading in an IRA Date: 7/5/2000 7:15 AM
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You cannot, by law, use margin or borrow against your IRA. Therefore, you cannot engage in any option position that could subject your account to margin.
Most brokers will let you sell covered calls, buy a call, buy a put, or sell a put if there is cash in the account to pay for the stock if you are put to.
Hope this helps. Chris
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