Hi. I've spent last four hours reviewing your site and am very interested in learning to trade options with you guys. I have a couple of rollover IRA's and a Roth IRA with Fidelity. My intent is to gradually apply my Roth money to the Steady Options program, in 10K increments and let it accumulate for 5 or 10 years. Fidelity advises that Options trading on IRAs includes Buy-writes, Selling covered calls, Rolling covered calls, Buying calls/puts, Selling cash covered puts, Long straddles/strangles, Spreads (up to 4 legs). QUESTION: Are these options adequate to cover the strategies that you use with SO? I am a beginner, but am willing to start slow and learn. I really appreciate everything I've read so far.
From Fidelity Web Site:
Options trading on IRAs includes:
Buy-writes
Selling covered calls
Rolling covered calls
Buying calls/puts
Selling cash covered puts
Long straddles/strangles
Spreads (up to 4 legs)