Asked by
tastytrade
11/8/2018
Which do you prefer in your IRA?
55%
Iron Condors
WINNER
55%
5
45%
Covered Positions
45%
3
55%
Iron Condors
55%
45%
Covered Positions
45%
3
Comments
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
Less capital intensive and defined risk for the IRA.
ReplySmall 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.
ReplyDefined risk
ReplyI don't know and its my fault - lol
ReplyMore cost effective since just started an IRA. However when build up more capital in that account Im sure Ill like covered calls better.
Reply