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Having not used Robinhood, can you explain what he had to say to get this access?
by lazyasciiart 6y ago
Having not used Robinhood, can you explain what he had to say to get this access?
- missedthecue 6y agoYou'd have to lie about your income and experience level, and the amount of time you've been trading
- grecy 6y agoDo you know that for sure? I recently applied for (and was granted) the ability to trade options. For the question "How long have you been trading options?" I wrote "never - because I can't yet". My application was approved.
- nightski 6y agoOptions aren't binary. There are different levels of options access. Not all options are as dangerous as others. Buying calls or puts is pretty safe (by safe I don't mean you won't lose your money, just that your downside is limited to the initial cost).