You can do as many trades as you want in a cash account until you run through your money. Then you have to wait for trades to settle to trade more.
I was very clear. Margin accounts under $25,000 are subject to PDT after 3 trades in a rolling 5 days. Cash accounts are not subject to PDT. Futures account are not either. Options on futures too, no PDT. https://www.finra.org/investors/lea...ng/day-trading-margin-requirements-know-rules
Many brokers will not let you spread, or only on indices. Waiting on settlement sucks as well. Just stick to FOs.
Didnt have the settling rule when i traded options i dont think, more swing style, used to daytrade stocks.
Had Margin account for defo, 18years back so tricky to be 100%, shortly after PDT rule came out. Just didn't break the rules I guess, so wasn't aware, stocks I used to close profit before the close every day, options swing style so wasn't an issue.