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Which do you prefer in your IRA?
In Life tastytrade Asked by tastytrade
11/8/2018

Which do you prefer in your IRA?

55%
Iron Condors WINNER

5

45%
Covered Positions

3

55%
Iron Condors

5 Comments
Dave Williamson
Dave Williamson

Less capital intensive and defined risk for the IRA.

Reply
David Cruz
David Cruz

Small capital for now, covered would take all my BPR and I rather have multiple positions. It's a little tough though, to use only IC.

Reply
Glenn Tripp
Glenn Tripp

I don't know and its my fault - lol

Reply
Brian Bransfield
Brian Bransfield

More cost effective since just started an IRA. However when build up more capital in that account Im sure Ill like covered calls better.

Reply

45%
Covered Positions

3 Comments
Eric Kaye
Eric Kaye

I like both, but wanted to support you!

Reply
Todd Clifton
Todd Clifton

Over time a long position usually does well. If I'm put the stock there's no immediate loss. I can then start selling calls. An iron condor loses money immediately and that's end of story.

Reply
John S Sinnott
John S Sinnott

I'm not a fan of IC's. It's hard to make money off of them.

Reply

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