Long Stock

OptionsHouse allows for 4X day trading buying power for regular, marginable stocks. Some stocks may have higher requirements; customers should be aware of current requirements before day trading.

Example:

A customer has $40,000 of starting day trading buying power. He may purchase, and day trade, up to $40,000 of regular, marginable securities.

3X ETF’s have requirements of 75% for long purchases, and 90% for short sales. A customer with $40,000 of starting day trading buying power can purchase, and day trade, up to $13,333 of a long 3X ETF ($10,000 / .75) , and sell, and day trade, up to $11,111 of a short 3X ETF ($10,000 / .90).