Can one trade futures options in an IRA? Where?

[HattieTheWitch]

I've been told that multiple brokerage firms allow *futures* trading in IRA accounts, but not *futures OPTIONS*.

Also, I've been told that some firms restrict the trading of futures and/or futures options in inherited IRAs. (??)

Does anyone have any brokerage firm suggestions? In other words, which firms allow one to trade the maximum number of products in an IRA?

Thank you.

 

[MattZ]

We work with IRA accounts for Futures and Futures Options while using SPAN margins. We would help you find the right FCM to clear your business depending on your technical and margin requirements.

 

[Robert Morse]

I've been told that multiple brokerage firms allow *futures* trading in IRA accounts, but not *futures OPTIONS*.

Also, I've been told that some firms restrict the trading of futures and/or futures options in inherited IRAs. (??)

Does anyone have any brokerage firm suggestions? In other words, which firms allow one to trade the maximum number of products in an IRA?

Thank you.

We introduce to Wedbush Futures. I have used Midland IRA to open my futures account and get SPAN margin for options and futures. I can and do sell options without any extra margin premium. I have also allocated to CTAs that sell options. I also have clients that have done that. You need a self-directed retirement plan administrator. Call me later today to discuss.

Bob

 

[truetype]

Bob & MattZ -- What would be a typical minimum IRA account size for such treatment? Thanks.

 

[Robert Morse]

Our minimum is $25,000 USD. I'm not sure what Midland IRA requires. Also, you have to leave a small minimum balance at Midland IRA to cover fees.

 

[MattZ]

Here are the minimums that we typically maintain for each of our clearing houses:
https://optimusfutures.com/Futures-Commodities-Trading-Account.php
However, for corp. accounts, foreign accounts and short vol (Short Options) strategies we may require higher minimum depending on trading strategy and margin requirement.