Recent content by bored_engr

I am trying to figure out the minimum amount of time I should hold on to option spreads without falling into any "special" category. It appears that if I hold them overnight (open a position on one day and close it the next day), I would not fall under the "pattern day trader" rule. Can some...

A little background.... I am an engineer in Silicon Valley making about 150-160k per year. I've been in this line for about 10 years. I am considering a switch to trading options full time because wife wants more money (and I am pretty bored with my job as well :-) ) The questions .. 1...