Options Trading Concepts Live

Trading Options in an IRA

| Dec 12, 2023
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    Options Trading Concepts Live

    Trading Options in an IRA

    Dec 12, 2023
    Options traders Nick Battista and Mikey Butler discuss efficient strategies for IRA accounts. They emphasize the importance of not putting up the full cash value of a stock going to zero, as it is not efficient. Instead, they suggest using other strategies to reduce buying power and define risk. They recommend using stock alternatives such as Zebra, Poor Man's Covered Call, and Out-of-the-Money Diagonal Spreads. These strategies provide added leverage with similar or less risk than buying stocks outright. They also discuss the use of options in speculative trades and how to play upside movements in stocks. They highlight the importance of using gamma in zero-day options and explain the basics of a double calendar and a double diagonal spread. They also provide insights on managing trades with partial fills and offer suggestions for trading specific stocks and ETFs. Overall, they stress the need to be capital efficient and consider risk management when trading options in an IRA account.

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