td ameratrade td americatrade wants me to spend all my money on stocks, won't let me do options. slc utah
I think, they think they're the LDS brokers, i not sure, but I spent over 5,000+ on options programs, and they tell me i have to do stocks of a year before I can buy options, so now I loose a bunch of money, because of the day trading rule, because of the limited trades i can make off my other brokers, that I had no problem getting option approval for.
they're costing me alot of money, they think as an old guy I still need a mom or dad, or maybe they don't realize the smoke shop next door is taking millions from people gamming on them eveyday, or maybe just mentally ill.
options only risky if your stupid, you got puts and calls, wow. got to worry about time decay, greeks, earnings, dividends, 100 shares assigned, commonsense things, they reather see me pay 10x that amount to buy a stock.
like on xle 68.66 a share X that buy a 100, or option,covered call spent 2.16 for 60 day trade,est and made a 50% profit, with very little risk, most of these trades i make happen in a day because im so good, maybe they like holding people back.
I don't know, I think they should quit playing mommy and daddy, they can't even fathum the amount of money i've lost because of that.