How Much Money Do You Need to Trade Options?
How much money you need to trade options at each approval level: cash accounts, the $2,000 margin floor, spread collateral, naked put margin and the PDT line.
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What Replaced the PDT Rule? Intraday Margin
The PDT rule ended June 4, 2026. Here is the intraday margin standard that replaced it, what the $2,000 minimum means, and how a $5,000 account is treated.