Options Trading and the PDT Rule
You can day trade securities such as stocks as much as you want using a cash account, though you have to wait two days for trades to settle if you run out of cash. The good news however is that options trades settle overnight.
Do day trading restrictions apply to options?
Does the rule apply to day-trading options? Yes. The day-trading margin rule applies to day trading in any security, including options.
Are options on futures subject to PDT?
Both Futures/Futures Options and Forex are regulated by the NFA, which has no rules on day trading. As such, Futures/Futures Options and Forex round trips don't count toward the PDT rules and funds covering margin on Futures/Futures Options and Forex positions don't count toward the $25,000 FINRA equity requirement.
