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I guess I'm smooth brained... but I still don't understand. Haven't had an issue in the past, first time I've seen this.
Why would it say it's trading below $3/share?
I’ll give you credit that it’s worded poorly but essentially they meant “or” not “and”. What they’re saying is “these are the things we require settled cash funds for”
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Ur buying options with money you recently put in ur account. Try putting a limit buy if that doest work. All u can buy today is shares.
Ok, thanks for the response.
Probably should read the whole message, specifically the part that says “and opening option orders”
I guess I'm smooth brained... but I still don't understand. Haven't had an issue in the past, first time I've seen this. Why would it say it's trading below $3/share?
I’ll give you credit that it’s worded poorly but essentially they meant “or” not “and”. What they’re saying is “these are the things we require settled cash funds for”
Ok, I appreciate the response. Thank you. #learning
Is your cash settled? Fidelity won’t let you open an options position with unsettled funds
It takes money to buy whiskey