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Posts | 293 |
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Alias Born | 02/02/2015 |
Wednesday, October 19, 2016 2:52:43 PM
Your options are:
1. hold your 150 shares (the 450 you can do whatever you want with) until the original trades settles and then you can sell them or,
2. sell now while the unsettled funds are still not settled yet and you will be committing what they call a free ride violation. No $ penalty. But Scottrade will place a hold on your account for 90 days where you can only trade with settled funds (during the 90 day period you will not have ability to purchase stocks with unsettled funds like you did).
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