Any one gone through the process of getting approved for naked short calls at Tastyworks

Discussion in 'Options' started by ajacobson, Nov 6, 2018.

  1. Any retail gotten it approved yet?
     
  2. Robert Morse

    Robert Morse Sponsor

    Why is that hard? They clear Apex. We do it based on your risk level and Financials.
     
  3. ERISA account as well ?
     
  4. Robert Morse

    Robert Morse Sponsor

    No. No short calls or short stock is a retirement accounts. You can trade future’s if the account is open with a self directed IRA company like Midland and short future’s and options.
     
  5. Thanks - how do you think they accomplish it.? I'm onboarding a new hire and he wants our corporate approval. Other people on the desk have it enabled, but no one seems to remember the process.
     
  6. Robert Morse

    Robert Morse Sponsor

    I have no idea.
     
  7. Thanks again for the quick response.
     
  8. Robert Morse

    Robert Morse Sponsor

    Are you saying they are approved by FINRA for naked short calls?
     
  9. They allow it. A couple of our folks use them just because of that ability.
     
    jtrader33 and MarkBrown like this.
  10. naked options my man now were talking!
     
    #10     Nov 7, 2018