I have found an Option strategy that I would like to trade, unfortunately this will put me over the PDT limit. Since IBs website seem to be unavailable/old Sites are up, I thought I ask here, so please indulge me. If I fund the account with 25k, I presume nothing of that 25k will be eligible for trading since margin excess (total equity-25k pdt mm) would be 0 correct?
Would I be able to excecute trades? Or will IB block me from excecuting these trades alltogether? If the former is true, can I get as many daytrading margin calls I want as long as the margin at the end of the day is above the 25K? What Leverage does IB give on margin excess? Does it apply to all Assets equally? I want to trade a defined risk options strategy on russel2000.
Would I be able to excecute trades? Or will IB block me from excecuting these trades alltogether? If the former is true, can I get as many daytrading margin calls I want as long as the margin at the end of the day is above the 25K? What Leverage does IB give on margin excess? Does it apply to all Assets equally? I want to trade a defined risk options strategy on russel2000.
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