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Noob stock question.

posted 2 years ago by throwawayforyou 2 years ago by throwawayforyou +5 / -0

If I sold a stock that I have held for a year tomorrow at open can I use that same cash to open an options play right after? I wasnt sure if there was a settlement period for this kind of trade. Using Fidelity.

Many thanks and forgive my stupidity

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– throwawayforyou [S] 2 points 2 years ago +2 / -0

I got my calls lined up with RC for the 20th but wanted to capitalize on any short attack today. The 8.50-9.50 puts for today are like 20 bucks a contract!

Good luck to you as well friend. I am 95% DRSd and zen til moass

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