Thanks.
I've got IRAs in Fidelity and Schwab and both allow it. I can't imagine there's a major brokerage that doesn't.OutlawAG04 said:Which brokerage group do you use that lets you sell puts for your IRA?deadbq03 said:
I think of selling puts in my IRA an entirely different way.
For me I use it as a way to a) get a premium and b) lock-up my cash so I can't get stupid with it elsewhere. I do this if I'm neutral-to-moderately bullish about a position. I'd rather not get executed, in fact, on that last day, I always buy it back. If at some point before expiration, my option is only worth pennies because the stock climbed, I buy it back and either get in something different or roll it forward a week.
Hold/clear the $7ish mark and $7.60 may be next decent resistance.Engine10 said:
$WWR 7 test again
Shoulda done it....WWR back at $7wanderer said:Same logic here. Fairly unlikely you'll be able to sell at that strike for that premium again (I hope I'm wrong). You could MAYBE grind out another nickel or dime, but I'm not trying it.FJ43 said:I left all my $12.50s. Decay will get those unless a big move here and just capture 100% of premium. If I got called away for $12.50+ premium then I will be ok with that batch.ClutchCityAg said:2/19 $12.5sFJ43 said:Which dates & strikes do you have?ClutchCityAg said:
Buying back WWR covered calls here? down to .25 from .50 initial value for me
Engine10 said:
$WWR 7 test again
Engine10 said:
10 mill volume on the 1 min for EGOC lmao
Thanks. I'm going to set up a new SEP account in the next few weeks and wanted to make sure I could do this with Fidelity. Looking to transition some of my other SEP accounts as well so really appreciate the feedback.deadbq03 said:I've got IRAs in Fidelity and Schwab and both allow it. I can't imagine there's a major brokerage that doesn't.OutlawAG04 said:Which brokerage group do you use that lets you sell puts for your IRA?deadbq03 said:
I think of selling puts in my IRA an entirely different way.
For me I use it as a way to a) get a premium and b) lock-up my cash so I can't get stupid with it elsewhere. I do this if I'm neutral-to-moderately bullish about a position. I'd rather not get executed, in fact, on that last day, I always buy it back. If at some point before expiration, my option is only worth pennies because the stock climbed, I buy it back and either get in something different or roll it forward a week.
You just have to apply for options trading at the appropriate level (with Fidelity it's their Level 2), and you just have to have the cash on hand to cover. Then they lock up that cash so you can't trade with it until you buy back the put or it expires (or they then use that cash to buy the equity if it executes).
No vouching for the veracity of this website, but here's one explanation:Pignorant said:
What price does CIDM need to hit to have options?
https://www.theoptionsguide.com/criterias-to-list-stock-options.aspxQuote:
Q: Why do some stocks have options for trading while others don't?
A: To have options on their stock traded on options exchanges, companies must meet the following criterias.
[ol]The company must have a mimimum of 7,000,000 publicly held shares outstanding. The stock must be listed on the NYSE, Nasdaq, AMEX or any national stock exchange.. For the past 5 trading days, the closing price of the stock must have a minimum per share price for a majority of trading days. This means that IPO issues cannot have options traded on them until 5 days after the initial public offering date. There must be at least 2,000 shareholders in the company. [/ol]Option exchanges will not allow any option to be traded for a particular stock if the company fail to meet any of the above criteria.
0708aggie said:
60
Just closed a gap at 1.66 and this is also an area of previous resistance and support. Might cool off here, MIGHTgigemJTH12 said:
I have CIDM fomo. didnt OA say it could reach $7?
any tips on entering.
Above $3 for the majority of days in a 3 month period.Pignorant said:
What price does CIDM need to hit to have options?
I did at $7.40 that is about where it peaked at a couple of months back.khaos288 said:
About to sell covered calls again on WWR
Looks like the daily R2 on pivots is 7.53FJ43 said:Hold/clear the $7ish mark and $7.60 may be next decent resistance.Engine10 said:
$WWR 7 test again
Engine10 said:
10 mill volume on the 1 min for EGOC lmao
Nice, sold mine at 7.385, so pretty solid. That made me a pretty penny on the first run this week. If it makes it to 10$ by March....I'll accept being called out on 80% hahaMr President Elect said:I did at $7.40 that is about where it peaked at a couple of months back.khaos288 said:
About to sell covered calls again on WWR
I just sold the Feb 12.50s for $0.50. I'll take $13 in 20 days if they want to.khaos288 said:Nice, sold mine at 7.385, so pretty solid. That made me a pretty penny on the first run this week. If it makes it to 10$ by March....I'll accept being called out on 80% hahaMr President Elect said:I did at $7.40 that is about where it peaked at a couple of months back.khaos288 said:
About to sell covered calls again on WWR
That was a solid play. Didn't even think of doing that.McInnis 03 said:
Loaded those wwr Aug 7.5cs yesterday. WWHHHHEEEEEE
Thanks for sharing the move.McInnis 03 said:
Loaded those wwr Aug 7.5cs yesterday. WWHHHHEEEEEE
$25 evenwanderer said:I'm assuming you were able to get it for $25 or less?$30,000 Millionaire said:
entered AMZN 2/19 3320/3375