Do any of these examples, violate the pattern day rule?
1. Five SPY 1300 calls, are sold on Monday at 3pm. The next day
at 11AM, all five SPY 1300 calls are bought back.
(No day trades have been made, so were currently at zero
daytrades)
2. Four SPY 1300 calls, are sold on Monday at 10AM. At 2PM
the same day, three of the 1300 calls are bought back.
The next day at 11AM, the remaining 1300 call is bought
back. Since three day trades were completed on Monday,
we need to wait to buy back the last call until the next day
(The three daytrades on Monday, cause us to wait until the
following Monday, to make a new daytrade)
3. One SPY 1300 call, One USO 35 call, One EBAY 40 call,
One AA 14 call, and One UNG 9 call, are bought on
a Monday at 1PM. The next day, each of them are sold
at 2PM. (No daytrades have been made)
4. One SPY 1300 call, One USO 35 call, One EBAY 40 call,
One AA 14 call, and One UNG 9 call, are bought on
a Monday at 1PM. That same day, the SPY, USO, and
EBAY call are sold. The following day, the AA and UNG
call are sold at 2PM. (Three daytrades have accumulated
causing us to have to wait until next Monday to daytrade)
1. Five SPY 1300 calls, are sold on Monday at 3pm. The next day
at 11AM, all five SPY 1300 calls are bought back.
(No day trades have been made, so were currently at zero
daytrades)
2. Four SPY 1300 calls, are sold on Monday at 10AM. At 2PM
the same day, three of the 1300 calls are bought back.
The next day at 11AM, the remaining 1300 call is bought
back. Since three day trades were completed on Monday,
we need to wait to buy back the last call until the next day
(The three daytrades on Monday, cause us to wait until the
following Monday, to make a new daytrade)
3. One SPY 1300 call, One USO 35 call, One EBAY 40 call,
One AA 14 call, and One UNG 9 call, are bought on
a Monday at 1PM. The next day, each of them are sold
at 2PM. (No daytrades have been made)
4. One SPY 1300 call, One USO 35 call, One EBAY 40 call,
One AA 14 call, and One UNG 9 call, are bought on
a Monday at 1PM. That same day, the SPY, USO, and
EBAY call are sold. The following day, the AA and UNG
call are sold at 2PM. (Three daytrades have accumulated
causing us to have to wait until next Monday to daytrade)