InterDigital Inc (IDCC)

[Bill Dalglish]

optionchain, epbtom, GAMCO, Matt2237 RE: Roth IRA options

Thanks for that helpful information on where one can buy call option contracts inside a Roth IRA.

Thanks as well for private messages on this topic.

Conclusion seems to be:
OptionsXpress, Wachovia, Schwabb, Fidelity, and Ameritrade will accepts call option buys in Roth IRA.

TDWaterhouse (now called TDAmeritrade) says they will allow call options when merger is complete with Ameritrade this summer.

epbtom's suggestion of OptionsXpress is an interesting one. I never heard of them before. Their web site indicated commissions are only about a penny and a half per share vs 7 to 15 cents at TDWaterhouse. They also indicate insurance against failure of the brokerage up to $500,000 (and cash up to $100,000.)

Can anyone report on experience with OptionsXpress?

Thanks!!

Bill