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Kent,
Datek support just responded to me, and you were correct: Level 1 options
**doesn't** include.... well, here's what they said:
You were approved for Level 1 options trading. This level of trading
allows you to trade only covered calls and married puts. It will not
allow you to buy calls and puts if you do not own the underlying
security.
If you wish to change your approval level for options trading, you would
have to apply for an upgrade to your approval level.
And here's my response:
Well then, yes I absolutely want to upgrade. As it stands now, I would
probably never trade any options. I must have the ability to buy calls and
puts. Please tell me how I upgrade, and fast.
Thanks,
Nicholas
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