When you sell a call in an IRA aren't you required to either own enough stock in the event you are called or have enough unrestricted cash to be able to buy the stock ? There is an opportunity cost with cash on the side not doing much in this kind of market. In other words, selling the call is not free money. For what it's worth, I've been 100% invested since within one week of the 2009 low and have not sold any calls for that reason. Am I missing something?
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