[sl1ck731]

Isn't that only with non-cash accounts?

[outworlder]

Indeed.

But now you need to wait for the cash to settle, which takes about two days.

[quickthrowman]

Options trades settle the following day, not +2 like shares.

[outworlder]

TIL

Thanks!

[tick_tock_tick]

Yes PDT restrictions only apply to margin accounts.