Recent content by yeti9

I don't want to own the MLP itself, just trade call spreads on it. I believe owning options as opposed to the underlying will not cause taxable income.

I have an IRA with over $1mm in assets and am currently using Interactive Brokers. I love IB but unfortunately at the beginning of this year, IB stopped allowing trading of certain stocks (LP's like USO) in IRA's so I'm looking for a new broker for my IRA. They should have a reliable API so I...

I called them for my IRA account. Unfortunately it looks like they don't allow trading certain strategies such as vertical option spreads in IRA's while IB does. That's too bad since I was looking to move my IRA out of IB, and Lightspeed looked like a great alternative.