Does buying options with cash allow for day trading?
Asked 5 years ago
If I were to buy options using cash, would I be allow day trading even if the amount is under $25k? If yes, which brokerage allows this?
Andia Rispah Igobwa
Friday, June 18, 2021
You can use a cash account to day trade options.
However, you'll be subject to a three-day rule. This rule means you can only get cash to trade again after three business days following a security sale.
For a cash account, you can try Webull.
Please follow our Community Guidelines
Related Articles

24Option Review: Account Types, CFDs, Safety, and More
Filip Dimkovski
December 23, 2024

Can You Use MetaTrader 4 With IQ Option?
Andrew Moran
December 22, 2024

Guide: How to Day Trade Forex Successfully for Beginners
Andrew Moran
December 23, 2024
Related Posts
Blog
Andrew Moran
The PDT Rule: Why You Need 25k to Day Trade
Blog
Andrew Moran
How Much Does a Pattern Day Trader Make?
Blog
Andrew Moran
How to Day Trade Without 25k
Blog
Filip Dimkovski
All You Need to Know About the Over 25k Day-Trading Rule
Answers
Taj Schlebusch
How to Find Stocks That Are Moving for the Day?
Can't find what you're looking for?
