OGP037-How To Get Higher Option Trading Levels Enabled

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OptionGig

Vivek Somani

50 episodes

6 days ago

OptionGig podcast is hosted by Vivek , who is an option trader by passion and a full time manager in software industry by profession. In this podcast he is focused on helping everyday retail investor generate consistent monthly income using option trading as a side gig while working in their day jobs. We discuss option trading concepts, strategies, trades , anything and everything that can help in making better financial decisions, in a simple common person's language.

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All content for OptionGig is the property of Vivek Somani and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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OGP037-How To Get Higher Option Trading Levels Enabled

OptionGig

26 minutes 8 seconds

5 years ago

OGP037-How To Get Higher Option Trading Levels Enabled

The first step in Options Trading journey is to enable a trading account for options.

Each brokerage firm in US have defined certain levels of Options Trading which will allow you to execute certain type of option trading strategies.

In this episode I'll discuss the following:

Process of enabling your trading account for options,
Levels of Option Trading
How brokerage firm decide on what level to enable your account for
Tips to negotiate for higher option trading levels
If you don't get the level you need, what's next step