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  • Writer's pictureMatt DeLong

What stock broker will allow me to write puts after I have money secured in a money market account?

TD Ameritrade (who I use) will allow this, but you have to have special Level-2 stock options permissions approved for your account. Also, you have to have the money with the broker, not your banks money market. This is considered a cash-secured put sale (versus naked put sales).



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