Which online brokers allow you to short call and put options?
September 7, 2010 by TheRainMaker
Filed under Stocks & Options Trading Tips
Question by Chris: Which online brokers allow you to short call and put options?
Best answer:
Answer by David M
Almost any if you qualify. I use TD Ameritrade and they allow it.
Know better? Leave your own answer in the comments!
Almost all online brokers allow you to do that IF:
1. You have the trading level for it. Most online brokers start you at level 0 which denies you even debit spreads. You need a trading level high enough to do naked writing.
2. You need to have the margin for it. Shorting options requires margin as high as $100,000, so its not free money.