R
ReddyLeaf
Guest
Bringing this over from the main thread. IIRC, you are allowed to buy and sell on the same day, but those profits are now “locked”. You cannot buy anything more until the profits have settled (1d for options and 3d for stock). This is how I have rolled bought options in my IRA, (though I normally follow the wheel so usually BTC—>STO).Sold @ $4.95
Hopefully my IRA doesn't balk at the day trade. A good lesson here. Take $5 when you're damn sure $6 is attainable when your profit is this high in such a short window. Ya got lucky, don't screw it up by getting greedy and missing the sell window. That's what I use to do constantly.
We need to get back to making an MMD options trading thread.