pattern daytrade rule-apply to options?

Discussion in 'Options' started by razor99, Mar 10, 2007.

  1. razor99


    does the pattern daytrade rule apply to options?
  2. Yup.

    PDT Rules

    This is one reason folks move to index futures.

  3. Steve,
    Your answer is not entirely true.
    Pattern Day Trading applies to options "only" if you have a "Margin" account.
    However Pattern Day Trading does not apply to a "Cash Only" account.
  4. How can you daytrade in a cash only account when the trade doesn't settle until the next day at the earliest?
  5. MTE


    You would need a lot of cash.:D :D :D