@JJG calls me wimpy
in order to get call buying approval I had to tell them that i am "an experienced super aggressive speculator" or something like that
And in order to sell - I mean write - options, you have to tell them that you are an experienced super aggressive speculator with suitable collateral. Oh, and post the collateral, I assume.
Somewhere out there you can even write naked (uncovered) puts, but i don't think they allow this in an IRA.
Dell (the company) used to do this all the time in the nineties to "juice" their earnings reports and cause the stock price to go up even more.