Day trading options?

[trendisyourfriend]

Hi all,

Is it possible to day trade stock options? If so, does the minimum required deposit of $25,000 for day trading still apply?

Thanks

 

[MACD]

Do day trading rules apply to futures options?


Both Futures/Futures Options and Forex are regulated by the NFA, which has no rules on day trading. As such, Futures/Futures Options and Forex round trips don't count toward the PDT rules and funds covering margin on Futures/Futures Options and Forex positions don't count toward the $25,000 FINRA equity requirement.

 

[trendisyourfriend]

Do day trading rules apply to futures options?


Both Futures/Futures Options and Forex are regulated by the NFA, which has no rules on day trading. As such, Futures/Futures Options and Forex round trips don't count toward the PDT rules and funds covering margin on Futures/Futures Options and Forex positions don't count toward the $25,000 FINRA equity requirement.

Thanks for the reply. What about stock options?

 

[The_Krakenite]

Check with your government regarding how wash-sales on stock options are handled. Just because they may have different strikes/expirations, doesn't mean the TAX-Man will be forgiving even though you insist that the CUSIPs are different.

 

[BKR88]

Hi all,

Is it possible to day trade stock options? If so, does the minimum required deposit of $25,000 for day trading still apply?

Thanks

1-PDT rule applies to stocks & stock options so $25K required.
2-@Dustin day trades stock options.
3-Recent threads discussing day trading options.
https://www.elitetrader.com/et/threads/day-trading-options-best-option.366175/
https://www.elitetrader.com/et/threads/day-trading-options.365808/

 

[swingtrader123]

Hi all,

Is it possible to day trade stock options? If so, does the minimum required deposit of $25,000 for day trading still apply?

Thanks

You can get around the PDT rule if your broker allows you to trade options in a cash account. Options trade settle the next day.