Exactly. So they’re fine with higher accounts risking money on options but not okay with smaller accounts risking money on options.

Regardless, it’s my money, and if I don’t understand options well it’s my loss. I don’t get what their criteria is. I wanna know how do they decide?

It was sarcasm my guy lmao, but yea it might actually be somewhat true cuz I got approved for level 3 after having more cash in my account

The cool thing about announcing a share buy back is that you actually have generally lot of time to do it. So you get the immediate boost now and share holder appeasement. But you can also have it ready to pounce in case there is a sudden opportunity

So they’re okay with you putting more money and risk your Good Income in options.

But are taking care of me not to lose my poor income.

Wow they must be a church.

You probably don’t even qualify for credit.

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Weird, I just opened an account not an hr ago and got lvl 2 options access. I have traded before, own in a Roth IRA, and some smaller stocks, but nothing too serious. I do have a degree in business with focus in econ/investing. But my main degree is a master's in CS, so it might also be because I have a good income?

Captain Stonks already found the easter egg so I can't award you any points at this time.

Actually!!!! Okay this makes sense. Cause I was like no way they’re looking out for my money and my risk of losing. Finally peace that they’re just still blood sucking monster just looking out for themselves.

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Nope, a lawyer can still make a lawsuit out of it and if it goes to court (where they ultimately win) they would still be out thousands of dollars in legal fees. It's risk mitigation

It's because of how poor your are, you need to have more money in your count to unlock the features of having a higher amount in your account

Companies do not want to invest cash in current business activities because an expansion right now would not be good for the oncoming recession. Instead, they shrink their companies by using cash to take stock shares off the market and right-size the company. They could also do this with dividends but there are tax implications and it is generally better for current management to do buybacks (although I once got a 40% of market-value dividend under similar circumstances).

Well done Mr. Holmes. You found the Easter Egg detective.

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Wtf are you talking about dude

>It's most likely because they don't want to take on the liability of someone with no experience in options trading losing a lot of money. By keeping you at tier 1, they can limit your losses and protect their own interests.

Sounds good, my Roth IRA has dropped nearly 28% in the last year. Almost feel like gambling would be better, and the Roth is handled by a professional investor who handled all my families accounts for the last 20 yrs

The artificialization is a major part of it, hell it's the only thing that makes any kind of sense right now. Missed earnings, lower guidance's, layoffs, even companies not having the tried and true sympathies towards their peers this ERs season are all just weird, non-correlating anomalies that don't lead to fat rally's after a year like 2022. They just don't. I know algos are partly to blame, no doubt, but c'mon.

Lemme guess it’s going to get pumped ?

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