No, you can get 4 to 1 margin, as long as you're not a PDT. The 25K only applies to being a PDT.
Everyone's right about the overnight 2 to 1 margin and I know that was the original question, so it's been answered. However, if you are under 25K...
You're not selling shares of a pooled fund to investors. That's the difference. You have to explain a lot more to investors when you do that....
Thanks freehouse! I noticed I also made a mistake in the original post. I kept saying bid when I meant ask. Do you or anyone else know a broker...
Phil, Thanks for the quick response. I've been trying to read through the thread for answers to questions before I post them and it's almost...
optioncoach, This is an excellent thread! I have a colleague who placed a vertical put credit spread with EBAY with both legs in the money....
Just to add, there are no market makers and the ECNs are not linked together in after-hours as they are during the regular trading session. It is...
You bring up an argument that has been settled to a degree: The Accredited Investor. However, this applies to Investment Banking more than simple...
Broker/Dealers loan securities from either their own accounts, customer accounts who are on margin, or by borrowing them from another B/D on the...
Actually, stops on listed stocks are triggered off the last price. Sell stops on OTC are triggered of the bid price. Buy stops on the OTC are...
Yes, I know I can come across a bit angry when it comes to the anti-responsibility generation and I wasn't meaning it to be directed towards you....
You are correct that it was unkindly posted, only due to the fact that his complaint has nothing to do with him borrowing money, but that he lost...
Since you obviously didn't read your agreement when you opened your account, here it is for you with your personal paragraph copied. I just went...
Exactly. You still have not given us details about how this happened. What does a glitch in the system mean? Did the system give you incorrect...
Does anyone have any information about linkage between the options exchanges during their opening rotation? I had an instance where a market...
I place vertical put credit spreads, same month $5 strikes apart. There can be a good % made from the credit compared to the margin required for...
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