Replies to post #10702 on Short Term Pinch (STP)

[blackshirej]

Kind of...they call it "limited margin". They give you margin capabilities and instant settlement but you also have to follow pattern day trading rules.

I can switch to a cash account and disable their margin features but I lose instant settlements which are nive when carrying such a low account balance.

[SamLBInj]

Picked up some SPY $280.50 Calls during the Drop at .11 cents