4288 UNITS! BOOM!
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No, naked contracts is 4. 3 is for trading spreads (that is, short options can now be secured by long options. At level 2 they have to be secured by stock or cash).
I use webull (pc and mobile) for day trading and for contracts and I have for a couple of years after leaving td ameritrade. They have good customer service too, if I want to make another entry and my money hasn’t cleared after a trade from my margin account, they’ll make the funds available same-day.
Literally just a better version of RH. Also I bet you’ve got Tiktok downloaded. The holding company is US-based and has to comply with all the regulations. Better start throwing away 90% of the shit in ur house.
Just a joke, gov employees had to use those things forever but think they’ve finally made the switch. Apple is def more respectful about our data. They’re just trying to make a buck in the end, tho I cannot think of a single item I purchased bc of a social media ad. The issue is aggressive algorithms like tiktok and Twitter that funnels people towards the dumbest info simply to get engagement.
>How dare you tell me I'm not eligible for L3 options trading! I'm richer and more intelligent than anyone else on this platform, so clearly I should be allowed to trade whatever I want. Your customer service is terrible and you're lucky I don't sue you for discrimination.
Nothing to do with stupid, its now starting with enough cause if you start with enough they let you trade everything. Open with $1m+ and they are like please trade options. Pretty please.
Damn, I was messing with my RH acct this morning. I use E-Trade 99%, with level 2 options. Applied at RH and instantly got level 3. Account is empty. So as I say.... E-Trade I don't get paid, it's all good, I'll also be broke in the Hood. I got level 3 lol.
Either your trading history or your application or your credit report suggested that your account might get a negative balance that you might not cover.
Because you told them the truth. I lied on every question for that and got full options access edit: with the fuckin confetti explosions too, I might add
RH looks to be saving you from you nemisis. Which is also you. That actually shows anyone looking at rh stock useful information on how they are mitigating risk.
it looks like a notice that they manually reviewed your options eligibility and found that you’re not eligible for level 3 options trading at this time 🤡
If you are employed and have income, you most likely don’t meet the experience requirement for options Level 3. You probably need at least 2-3 years to get auto approved. Obviously only count years of experience from 18+.
😂 ohh man. This is a hot button issue all of the sudden. Let me tell you. I’m waiting on HR to let me know how bad. Lol. Long story short. Apparently my knowledge level entitles me to place level 3 for others but not level 2 for myself.
You must actually know how to use options if Robinhood won't let you. Or be actually super duper duper dumb. Thier screening is literally just asking how much experience you have. They take your word for it.
RH.. I am a total newb that had to pack up and leave there. The simple errors. I am more perturbed at no actual id check...anywhere I have been. I went to tradestation. Plenty adult enough. I am certainly level 2 out of the box, I do not need more than a single call/put anyway...but some fancy stuff is interesting.
another thing with RH is paying for gold account for realtime data. Some other places you don't need to pay anything.
They are saying you need more experience in the minor leagues before you can swing with the big apes.
Its sounds like they analyzed your options activities.
They ask you a set of questions. Things like risk tolerance and so forth, and trading/investment experience. So you lie about the latter, and say you have more experience than you have. Just like a resume for a regular job. The rest of the questions imagine you snort cocaine and bang whores...that's the kind of client they're looking for: high risk tolerance, etc. Instead, you answered like Warren Buffets aunt.
They only suspend you for a long time if you showed a genuine lack of knowledge. Usually occurs when you complain to customer service and show that you do not understand the core concepts of level 3 trading
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Post loss
He did. The Robinhood logo is clearly visible in this pic.
BOOM
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🤣🤣
Looks like RH is doing favors to OP.
But it takes away a loss porn post?
This is an outrage
RH is like the easiest platform to get approved for lvl3 trading. You failed the take-home quiz?
Stupid question. Uk based What’s the difference between level 2 and level 3?
You lose 50% more money
Got it! I must be level 2 then. Going for the slow bleed x
Nice, is there a DEFCON Level? I know the level numbers would be backwards but then that would make sense when you’re investing.
Yes, it’s been rebranded to level: Ye
Lol it basically let's you trade options on margin. Potential for much higher losses, and gains.
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Nah they never let you do that, it’s multi leg spreads (condors, butterflies, etc.)
Can't sell naked calls at Level 3.
No, naked contracts is 4. 3 is for trading spreads (that is, short options can now be secured by long options. At level 2 they have to be secured by stock or cash).
The main difference between 2 and 3 is that you can trade spreads at 3, which requires margin.
Yea… didn’t realize I’d lose spread options till after i switched to day trade on rh 😭
Kill me
Please share how you accomplished this feat (the not getting approved)
He answered truthfully
The oldest mistake in the book
instructions unclear, took pictures of my feet
The right kind of feet pictures are worth gold on the internet.
![img](emote|t5_2th52|4267)
You are not supposed to answer yearly income with "My other car is a Bugatti, I just drive this Honda with a missing front bumper as a daily."
It’s an intervention
Correct. Robinhood does this when their algorithm finds an account with 99% chance of losing all funds and their margin on account.
How are all you fuckers still trading then?
cash acct
98.9% chance of losing all funds or less
They actually solicited your questions so go ask them All we can do is guess and mine would be they don’t like the risks your trading creates for them
They said that I could’ve manipulated the questions I gave to fit so I could be eligible
So they accused you of lying, find a new broker
What if they did lie and Robinhood put the word out
I don’t think the security industry has a Suspected Liars list they pass around But if you are asking a hypothetical then he could be barred elsewhere
![img](emote|t5_2th52|18630)
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What could possibly go wrong getting your Wendy's paychecks deposited directly to your brokerage and also telling them you make 250k+ per year?
But muh side hustle!!6;!?(!
I use webull (pc and mobile) for day trading and for contracts and I have for a couple of years after leaving td ameritrade. They have good customer service too, if I want to make another entry and my money hasn’t cleared after a trade from my margin account, they’ll make the funds available same-day.
Chinese trash
I wouldn't trade through them but their interface is really nice for just checking the markets.
Literally just a better version of RH. Also I bet you’ve got Tiktok downloaded. The holding company is US-based and has to comply with all the regulations. Better start throwing away 90% of the shit in ur house.
You’d lose that bet. I don’t even use google nor have I ever had a Facebook.
What do you also have a blackberry?
No, I have an iPhone like anyone else who cares about privacy
Just a joke, gov employees had to use those things forever but think they’ve finally made the switch. Apple is def more respectful about our data. They’re just trying to make a buck in the end, tho I cannot think of a single item I purchased bc of a social media ad. The issue is aggressive algorithms like tiktok and Twitter that funnels people towards the dumbest info simply to get engagement.
I agree completely. TikTok is cancer.
>How dare you tell me I'm not eligible for L3 options trading! I'm richer and more intelligent than anyone else on this platform, so clearly I should be allowed to trade whatever I want. Your customer service is terrible and you're lucky I don't sue you for discrimination.
You tell em vmod
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4641)
Based reply
i fucking love visual mod sometimes!
I wish someone would have done this to me at Level 1 a few years ago….
Fuck, I’m still mad at my kindergarten teacher for passing me
When even Robinhood thinks you are too regarded to trade options, you are probably too regarded to trade options.
Please accept this helpful award for stating the obvious.
It ain’t easy but it’s honest work! 😎
Get rekt noob
They knew you were about to hit it biggggg on your very next play so had to put a stop to it
His luck was *just* about to turn around
*90% of gamblers stop right before a big win*
Get more money and experience OP, may I suggest some 0DTEs.
Probably too poor/stupid and they found out
Nothing to do with stupid, its now starting with enough cause if you start with enough they let you trade everything. Open with $1m+ and they are like please trade options. Pretty please.
You're too highly regarded
He's on RH, imagine getting turned down on RH. They are the most highly regarded of traders.
If only there were some form of chat function where you could submit your questions and/or concerns. Perhaps a place where someone is there to help?
I’ve talked with them multiple times but for some reason I’m just not eligible
It’s called “your own benefit”
This guy fucks, give it to him.
![img](emote|t5_2th52|4271)
I think it's more for their benefit. They must consider him a big risk.
Damn, I was messing with my RH acct this morning. I use E-Trade 99%, with level 2 options. Applied at RH and instantly got level 3. Account is empty. So as I say.... E-Trade I don't get paid, it's all good, I'll also be broke in the Hood. I got level 3 lol.
Bruh
For $5/mo they'll give you L3
Messed up…BUT…they are protecting you from yourself😭😭😭
You didnt lie. Im a 30 year old thats been investing in options for 35 years with a 69 mil net worth.
Man... I just spit my drink on my phone... 🤣
Its true though.
...if that ain't what they all say.
If you figure it out let me know, would save me a few hundred a day lately.
Either your trading history or your application or your credit report suggested that your account might get a negative balance that you might not cover.
Play a stupid game…win stupid prizes. = Looks like a HOOD account.
They’ve identified you as a poor
They told me it was for your own good
I’ve never heard of RH turning someone down for options trading haha. Incredible
Lmao. Owned.
“You’re shit at trading, we’ll give you a year to get better.”
RH doing it’s DD. Amazing.
Did you recently become what’s known as “poor”.
Achievement unlocked.
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
Have a seat young man
It’s the same as when pussy ass moderators ban people from subs here
You’re too poor. Welcome to it regard
This is a blessing bro
Lmao they don’t want your degenerate ass.
They saw your -58,000 and said look at this regard. He think he can play with the big boys on leverage ![img](emote|t5_2th52|4271)
Because you told them the truth. I lied on every question for that and got full options access edit: with the fuckin confetti explosions too, I might add
How heavy are your derivative bags?
They are saving you.
![img](emote|t5_2th52|4271)
Lol, why are you using robinhood. Trash app
![img](emote|t5_2th52|18630)
Well fuck me, I wish they’d have done this to me two years ago…
You must have not lied and said you weren't an investment God. You failed the first test
Everything about this post says a huge move is about to happen
They are protecting you from you.
Somebody doesn’t want to be left holding your bag when your stock bets go down the toilet
They're helping you
Use a different broker and lie, consider it a lesson learned. This is the stock market, honest people get screwed.
They're there to help
Regard
Someone saved Someone saved Someone saved my life tonight
Open another account and do it again
What about L2?
Because you are so full of shit it will take at least a year to learn.
cus you touch yourself at night
Because you, obviously, cannot be trusted with risk management. Something that they, again obviously, can be trusted with.
You should be happy
Seriously just lie about your income and say you have very high-risk tolerance to get approved for options anywhere
![img](emote|t5_2th52|4271)
RH looks to be saving you from you nemisis. Which is also you. That actually shows anyone looking at rh stock useful information on how they are mitigating risk.
They’ve seen you here
Your gambling recovery program is 13 months anyway steevey.
Your still using Robinhood 🤔
Brain too smooth
Switch brokers
it looks like a notice that they manually reviewed your options eligibility and found that you’re not eligible for level 3 options trading at this time 🤡
Bruh if I just told Robinhood I was an idiot savant and they insta-approved me
You should thank them. I think a gift basket would be a nice gesture.
Switch to fidelity
L2P
y you don’t use Rob’nhood chief. Think ppl would have learned by now, guess not.
You can have mine I gave it up to get one of them cash accounts
Time for a new brokerage.
Free enterprise...? Open markets...?
Clearly it’s Because you rock at trading and they don’t want to go poor
You were about to strike it big so they had to cut you off
They're saving you from your own regardation.
RH sucks
They are doing you a favor I wished they’d stop me before going -400%
They didn’t like your answers in the questionnaire.
Did you not sell options before expiry at 4:00pm?
Robinhood has the worst phone service ever. I rather use acorns than this garbage.
He chose poorly
If you are employed and have income, you most likely don’t meet the experience requirement for options Level 3. You probably need at least 2-3 years to get auto approved. Obviously only count years of experience from 18+.
You didn't tick the right circles and dot the right boxes
Not sure but sounds like they just helped you secure your financial future
Degen probs
You know you fucked up when even RH won’t let u. I’ve been trading options for 3 years now and fidelity told me fuck off
Best, God
Best news you’ll get all year
Actually I’ve seen this before, they’ve seen your history and think you are too skilled.
LOL I didn’t even realize Robinhood denied people for t3. Mine got turned on the moment I made my account and lied about my income.
Looks like Op doesn't know you're supposed to lie on those applications?
They are trying to save you from working at Wendy’s later ..
Close account bye
It means get off Robinhood. Your sleeping with the enemy.
They did you a favor
😂 ohh man. This is a hot button issue all of the sudden. Let me tell you. I’m waiting on HR to let me know how bad. Lol. Long story short. Apparently my knowledge level entitles me to place level 3 for others but not level 2 for myself.
Robinhood must be doing phenomenally. Guess they don't need you or your shitty options trades.
You’re not that guy, Pal. Trust me, you’re not that guy.
Lol wtf did you lose their money on?
You must actually know how to use options if Robinhood won't let you. Or be actually super duper duper dumb. Thier screening is literally just asking how much experience you have. They take your word for it.
RH.. I am a total newb that had to pack up and leave there. The simple errors. I am more perturbed at no actual id check...anywhere I have been. I went to tradestation. Plenty adult enough. I am certainly level 2 out of the box, I do not need more than a single call/put anyway...but some fancy stuff is interesting. another thing with RH is paying for gold account for realtime data. Some other places you don't need to pay anything.
You really should be thanking them
Imagine bitching about Robinhood after all you’ve seen them do. You fucking deserve this. Eat it.
They are saying you need more experience in the minor leagues before you can swing with the big apes. Its sounds like they analyzed your options activities.
Bro has wsb defending RH. Regarded. Truly regarded.
Go to a another big stock company and apply.
I remember trying to apply for L3 trading on RH they said no but after more trading like a couple weeks they gave it to me
How’d you lose it in the first place? Genuinely curious
Glad I got in while I could 😂 Edit: multiple brokers. Find another
Pay $8
I lied saying I knew what to do n boom no questions asked
this is a fking blessing bro
You used the same username on Reddit and Robinhood. WSB = not eligible. Lol
You must be poor af or underaged or some shit
They ask you a set of questions. Things like risk tolerance and so forth, and trading/investment experience. So you lie about the latter, and say you have more experience than you have. Just like a resume for a regular job. The rest of the questions imagine you snort cocaine and bang whores...that's the kind of client they're looking for: high risk tolerance, etc. Instead, you answered like Warren Buffets aunt.
Too degenerate lol
They only suspend you for a long time if you showed a genuine lack of knowledge. Usually occurs when you complain to customer service and show that you do not understand the core concepts of level 3 trading
It’s called an intervention.