I have been buying and holding some options this week and because of this my balance dipped below the $25,000 PDT minimum. I tried to take a long stock position today and got message " trade refused PDT violation" With my other brokerage I could always take as many long positions as I wanted I just had to be careful when I sold them. I called the help desk at IB and they told me I could close a position but not open any new ones. This seems crazy to me. Why cant I take a long position and hold it as long as I don't violate the 4 day trades in a 5 day period? I had plenty of cash in my account for the trade it was just the below $25,000 minimum.