Can you trade options in a cash account?

There are certain more complex investment strategies that aren't available to you when you have a cash account. Futures trading requires the use of margin, so you typically can't trade futures in a cash account. Options trading is available, but it's more difficult to write options contracts.

What is options trading in cash accounts?

Options trading in cash accounts is a standard industry offering. Options trading entails significant risk and is not appropriate for all customers, which is why all interested customers must apply for options access and have their account reviewed to determine if they are qualified.

Can you trade futures in a cash account?

Futures trading requires the use of margin, so you typically can't trade futures in a cash account. Options trading is available, but it's more difficult to write options contracts. To write options, your positions would need to be covered with shares of the stock in question or enough cash to cover your obligations if the options are exercised.