Quote:
Originally Posted by Discuss Thrower
Being honest with TD Ameritrade makes things boring. Can't short anything and can't take options positions that aren't covered.
|
Quote:
Originally Posted by lewdog
I'm noticing the same thing.
I wrote them and they have a section where you can apply for higher tier status for options trading other than covered calls. Might require like $2k in a money market it looks like.
|
No brokerage firm allows average investors to take unlimited loss positions with shorting stocks or naked call writing without substantial equity of usually $250,000.
Not unusual.