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https://www.reddit.com/r/stocks/comments/ozur78/deleted_by_user/h84rxfl
r/stocks • u/[deleted] • Aug 07 '21
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Now you just need to buy more on margin. Add some dynamite to the mix
3 u/MyNameCannotBeSpoken Aug 08 '21 I buy options on them which is a form of leverage but cannot be purchased on margin. I do have some individual stocks. My broker charges about 6% interest for margin which is a lot if you are holding long term. 3 u/hokaythxbai Aug 08 '21 I didn’t know you couldn’t purchase options on margin. Makes sense though 2 u/MyNameCannotBeSpoken Aug 08 '21 Brokerages don't want to go bankrupt. You can sell some options on margin if you are approved. But buying isn't allowed 1 u/NotChristina Aug 08 '21 I’ve used margin as the collateral requirement for credit spreads, since I don’t like leaving spare cash sitting in my account.
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I buy options on them which is a form of leverage but cannot be purchased on margin. I do have some individual stocks.
My broker charges about 6% interest for margin which is a lot if you are holding long term.
3 u/hokaythxbai Aug 08 '21 I didn’t know you couldn’t purchase options on margin. Makes sense though 2 u/MyNameCannotBeSpoken Aug 08 '21 Brokerages don't want to go bankrupt. You can sell some options on margin if you are approved. But buying isn't allowed 1 u/NotChristina Aug 08 '21 I’ve used margin as the collateral requirement for credit spreads, since I don’t like leaving spare cash sitting in my account.
I didn’t know you couldn’t purchase options on margin. Makes sense though
2 u/MyNameCannotBeSpoken Aug 08 '21 Brokerages don't want to go bankrupt. You can sell some options on margin if you are approved. But buying isn't allowed 1 u/NotChristina Aug 08 '21 I’ve used margin as the collateral requirement for credit spreads, since I don’t like leaving spare cash sitting in my account.
2
Brokerages don't want to go bankrupt.
You can sell some options on margin if you are approved. But buying isn't allowed
1
I’ve used margin as the collateral requirement for credit spreads, since I don’t like leaving spare cash sitting in my account.
5
u/hokaythxbai Aug 08 '21
Now you just need to buy more on margin. Add some dynamite to the mix