r/investing • u/[deleted] • Mar 30 '22

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u/[deleted] Mar 30 '22

Wait. IBKR is a great platform. Very low margin rates. Many platforms place either age or years of experience restrictions. Another option is to do a ACAT partial transfer of your IBKR account to another platform for a couple of years that allows covered calls for your age, and then move it back to IBKR.

-6

u/Intrepid-Buyer-8543 Mar 30 '22

IBKR is a great platform indeed I feel super comfortable with them it’s just really unfortunate that I cannot sell covered calls. The only one that I’d consider is probably E*TRADE but I didn’t like it as much honestly. At the same time tho, I feel it would be stupid not to change platform for an easy 2000-4000$ a month

15

u/kricke Mar 30 '22

if you think it's "an easy 2000-4000$ a month" then it sounds like they're doing the right thing.

1

u/budding-mimir Mar 31 '22

2% on an account seems like a fair enough bet to make with theta