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I do commodities in IRA's.
Steve Karnish
CCT
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> From: Mike Peters <mikep@xxxxxxxxxx>
> To: 'metastock@xxxxxxxxxxxxx'
> Subject: RE: Trading IRA accounts?
> Date: Monday, November 02, 1998 4:07 PM
>
> Most IRA accounts allow for stock trading. The restrictions are no
> trading on margin and only covered call writing. I currently use
> Charles Schwab which allows me to even day trade as long as I do not
> commit more than I have in my IRA account. The only firm that I know
> that allows option trading (PUT and CALL buying) is Brown & Co. They
> have a $10,000 minimum for opening an account.
>
> Hope that helps.
>
> Mike Peters
>
> > -----Original Message-----
> > From: Robert C. Richmond [SMTP:rcrich@xxxxxxxxxxxx]
> > Sent: Monday, November 02, 1998 2:47 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Trading IRA accounts?
> >
> > Adding to this thread - Is the trading of Puts and Calls allowed in
> > any IRA
> > accounts? I recently responded to a net site offer to provide info on
> > such
> > an account. So far it seems the invitation was pre-mature at best.
> > So I am
> > still looking for real answers. Maybe someone in this group knows.
> >
> > michael arnoldi wrote:
> >
> > > i use JACK WHITE for mutual funds, stock investing.
> > > for shorting i use the rydex funds or the profunds @ a cost of $24
> > per
> > > trade.
> > > stocks @ $32.40 per trade using the internet.
> > > also look @ datek, i use them alot @ 9.99 per trade, but no mutual
> > funds
> > > available yet. & they have an annual ira fee, while jack white is
> > free.
> > >
> > > mike arnoldi
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