What do most brokers require to trade options ?

Aston01

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I know there are all different levels of complexity when it comes to trading options, but as a rule of thumb for the less complex strategies such as buying a Call or a Put (to be traded not as a Covered Call or Protective Put) what do most brokers require to authorize an account for such use ?
 
The filling out of forms saying you understand the risks. That's about it. If you're just going long the options then you wouldn't need to have a marginable account.
 
I know there are all different levels of complexity when it comes to trading options, but as a rule of thumb for the less complex strategies such as buying a Call or a Put (to be traded not as a Covered Call or Protective Put) what do most brokers require to authorize an account for such use ?

Hi there,

If you are trading in the US, all regulated brokers are required to give you this:
'
Characteristics and Risks of Standardized Options by OCC '( Options Industry Council)

Their website is an education tool...

Regards,
AfternoonT
 
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