The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about how you can get started trading options in a Roth IRA the right way. A Roth IRA is just simply a retirement account which you’ve already pre-paid your taxes. And so, you basically cleared the tax hurdle pretty early in the process. And this is why I really like Roth IRAs, is that you pay taxes, you then contribute what's left over after taxes to this IRA account and as a result, now you have a vehicle that grows tax-free and the distributions later on are tax-free as well. When you get started trading options in your IRA, the first thing I think you have to understand is that you have to play the long-term math and the reality is that you’re forced to do this anyway. The beautiful thing about trading options in an IRA account is that you might have to be trading for 20 years or 30 years or 40 years before you actually come to a point at which you can start taking distributions and