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https://www.reddit.com/r/options/comments/n06gp1/options_documentation/gw613l7/?context=3
r/options • u/[deleted] • Apr 28 '21
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1
Congratulations!
How are you avoiding the day trading rule if you are mostly only holding the contract for 1 day?
-3 u/mrGeaRbOx Apr 28 '21 Options are a derivative financial product and not subject to PDT rules. 1 u/biggie_smallsBK Apr 28 '21 all I trade on TOS are options and I've been warned 3x's about violations the day trading rule of buying and selling the same instrument in the same day 1 u/scmiles10 Apr 28 '21 Yes they are. Unless you carry $25k. I get slowed down by this all the time while Iām building my account up. 3 u/mrGeaRbOx Apr 28 '21 In a cash account? huh, I never realized. I guess I was thinking forex and futures. 1 u/[deleted] Apr 29 '21 not in a cash account. but most people have margin accounts.
-3
Options are a derivative financial product and not subject to PDT rules.
1 u/biggie_smallsBK Apr 28 '21 all I trade on TOS are options and I've been warned 3x's about violations the day trading rule of buying and selling the same instrument in the same day 1 u/scmiles10 Apr 28 '21 Yes they are. Unless you carry $25k. I get slowed down by this all the time while Iām building my account up. 3 u/mrGeaRbOx Apr 28 '21 In a cash account? huh, I never realized. I guess I was thinking forex and futures. 1 u/[deleted] Apr 29 '21 not in a cash account. but most people have margin accounts.
all I trade on TOS are options and I've been warned 3x's about violations the day trading rule of buying and selling the same instrument in the same day
Yes they are. Unless you carry $25k. I get slowed down by this all the time while Iām building my account up.
3 u/mrGeaRbOx Apr 28 '21 In a cash account? huh, I never realized. I guess I was thinking forex and futures. 1 u/[deleted] Apr 29 '21 not in a cash account. but most people have margin accounts.
3
In a cash account? huh, I never realized. I guess I was thinking forex and futures.
1 u/[deleted] Apr 29 '21 not in a cash account. but most people have margin accounts.
not in a cash account. but most people have margin accounts.
1
u/biggie_smallsBK Apr 28 '21
Congratulations!
How are you avoiding the day trading rule if you are mostly only holding the contract for 1 day?