2021年2月14日 · Good evening guys, I’m trying to apply for Webull’s level 2 options. I keep getting my application returned. I don’t know why. I don’t know if it is because It’s the weekend or if they’re just flat out rejecting me. Is there a list of prerequisites anywhere for level 2 option trading? Thank you!

2024年1月9日 · I am new to options trading. I applied for option trading permission and they granted me Level 1 which means I can only trade covered calls and cash secured puts. According to a quick Google search, these are less risky than …

2021年3月13日 · You can only get approved for level 2 options in the beginning, then you can “work your way up” to level 3. (If you have any desire for that). So yeah I just spammed it for 2 days essentially

2021年12月30日 · Webull probably deemed you too new or your risk tolerance is too low for level 2 trading. You can always go back for re-evaluation to gain level 2 trading. Long single calls/puts can definitely make you some big gains, but the same is true for losses- in fact, since you're using leverage, the odds are against you unless you know what you're doing.

2022年12月13日 · Hes talking about his options trading, not the lvl 2 Nasdaq that Webull offers. Its my first time trading and i got approved for lvl 2 options. I put i make 29k-49k a year and have 50k-100k in liquid assets. I put i have less than 1 year trading and for speculation and income. Also maybe try putting a high risk tolerance as I did, it might help.

2020年2月12日 · Has anyone been approved for level 2 options trading with a cash account? I just moved cash into my account and got approved for level 1 options trading, but you apparently can't even do covered calls without switching to margin. Does anyone know how to get approved for level 2 options trading with a cash account?

2024年1月31日 · Acceptable verification documents include: 1) brokerage statements, 2) trade confirmations, and 3) 1099b's. Brokerage firms are required to maintain historical documents on file so if you do not have them saved you can either obtain them by logging into your other brokerage account or request them from the broker directly.

2021年4月8日 · 58K subscribers in the Webull community. Webull subreddit, a commission-free, stock trading app.

You can resubmit the application with the answers they want to see. I found out which answers they're looking for on each different "level" on YouTube, but you can probably just Google "how to get approved for options trading webull." The second time I changed my answers, a customer support person had me explain why I made the changes that I did.

Yeah, for the indexes like SPY that’s options level 5, which I’m not really interested in. TD has limits that obviously aren’t fully transparent to us, but as an example if your account value is 50k, they might let you sell 5k worth of non cash secured puts (5k meaning you’d need need to pay $5K if you were assigned as an example) they keep their risk to $5k, and possibly even close ...