Options Approval Level
Options Level | Description |
|---|---|
Level One | Sell Covered Calls, Protective Puts |
Level Two | Buy Calls & Puts, Covered Puts |
Level Three | Call & Put Spreads |
Level Four | Sell Uncovered Puts (stock options) |
Level Five | Sell Uncovered Puts (index options), Sell Uncovered Calls, Straddles |
- 1.Contact support & fill out the upgrade request form if youd like to see if you qualify for a higher level.
Disclosures: Aries Financial, Inc. is not a broker-dealer or investment advisor. Securities and investments are offered through TradeStation Securities, Inc., Members FINRA and SIPC. Additional information about your broker can be found by clicking here. Aries refers to Aries Financial, Inc mobile App and website, and with securities offered through TradeStation Securities, Inc.