Well, it took me forever and a bloody day, but I finally got my options application in to the mail today. Yay me! We'll see whether I get approved. Cross your fingers. Since I don't plan to write any options, and especially not puts, I think it should be ok.
I'm also looking to lighten up some of my funds today or tomorrow. We'll see how things look near the close. I plan to close out my TREMX, PRMSX and RPIBX, as I prepare to trade into Teresa Lo's satellite portfolio (with a few minor differences).
Anyway, more on this to come. I need to go sleep!
2 comments:
Hope you get approved! Thanks for the info.
Heh.
I wasn't. After a bit of research, it appears that you probably can't get options trading added to any account if your total account value is less than $25,000. Which does explain why I have seen that number so frequently over the last few weeks.
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