Originally Posted by
gmanpsu
You can trade cash secured puts in the 401(k)/brokerage link. I forget what the selection was on the paperwork, but you can get it approved.
I wouldn't risk my retirement account on any put plays, especially naked puts. Covered calls would be my retirement play. Covered calls can really juice up the returns.
Naked options are for play money.
Ask him:
Hedge Fund manager James Cordier apologizes after losing almost all of his clients money - YouTube
Or her:
Karen The Supertrader from Tastytrade: Is Karen Bruton the Supertrader a FRAUD? - YouTube