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%
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.
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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.
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