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Re: IRA acoount



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Thanks Jim,
Harley

Jim Michael wrote:

> Harley,
>
> I have a Schwab IRA and have level 0 options trading clearance for that
> account. According to their documentation, this permits selling covered
> calls and buying protective puts.
>
> Cheers,
>
> Jim
>
>  On Tue, 3 Nov 1998, Harley Meyer wrote:
>
> > I was wrong. But it may depend on the brokerage firm. I checked with
> > E-Trade and they said only covered calls. However several months ago I
> > spoke with the folks at Schwab and they said I could do puts and calls.
> >
> > Harley
> >
> >