SIE: 8.3.8. Options Accounts

Taken from our SIE Online Guide

8.3.8. Options Accounts

An options account permits a customer to trade options. A customer opening an options account must sign an options agreement prior to trading. Options accounts may allow options transactions at one of five trading levels, depending on the investor’s trading experience.

Investors can purchase options within a margin account. They are required to deposit at least $2,000 in cash or securities prior to engaging in any options trading activity. Additional margin may be required, depending on the type

Since you're reading about SIE: 8.3.8. Options Accounts, you might also be interested in:

Solomon Exam Prep Study Materials for the SIE
Please Enable Javascript
to view this content!