in Canada, same logic, our equivalent tax deferred a / c = RRSPs where, funnily enough, we're allowed to buy calls and lose money, and we're allowed to sell covered calls (which have same risk profile as short puts), but we're not allowed to trade «bearish instruments» inside the a / c. (dividendempire.com)
As you mentioned in your comment, covered calls have the same risk profile as short puts but you would at least be collecting dividends. (dividendempire.com)
SK: It's hard to generalize because not all of our accounts have the same risk profile or goal. (borntosell.com)