Which options are you daytrading?I normally never do this but sometimes it happens and it works. It all depends on the situation but yeah 99% of the Time it makes zero sense to daytrade options.
I am 1 trade away from being flagged as a PDT which is very rare but its been an interesting weekAll from Options trading, Zero equity trading.
Number of day trades/round trips for xxxxxx (account xxxxxxx): 3 in the last 5 days or less. Why is this important?
Executing one more day trade/roundtrip will cause xxxxxxx (account xxxxxxxxx) to be flagged as a pattern day trader. Why is this important?
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Day trading options
- Thread starter MarketCoding
- Start date
Which options are you daytrading?
It was the SPY ETF options. but I do not normally trade them it was a specific situation that came up and I took advantage.
Because of Thetrue1's thread?It was the SPY ETF options. but I do not normally trade them it was a specific situation that came up and I took advantage.
Why would someone like you worry about pattern daytrader?
Because of Thetrue1's thread?
Why would someone like you worry about pattern daytrader?
I don't but I do not daytrade because I am an options trader not an equity trader. It is irrelevant to me if I am flagged or not but it is a very rare thing for me to be flagged since I typically do not trade intraday in and out.