option account

Option account

A brokerage account that is approved to hold option positions or trades.

Option Account

A brokerage account where the brokerages permit the account holder to hold options. The extra risks of option trading entail more regulation. As a result, the holder of a brokerage account must be provided material detailing these risks and sign an option disclosure document before his/her account may become an option account.

option account

A brokerage account that is approved for buying and selling options. Opening an option account requires that an investor complete an option agreement and receive a brochure describing the risks of trading standardized options.
References in periodicals archive ?
Abbey's Credit Option account also pays six per cent on the first year on balances to pounds 2,500, if at least pounds 1,000 per month is paid in.
Twenty-five thousand dollars per year placed into his deferred option account, plus 6 percent interest would yield an account value of over $149,000 in 5 years.
This week it is launching a new "loan option account," a fixed-term loan where the rate cannot rise above that agreed at the outset, but will fall if NatWest's base rates drops below six per cent.
Additionally, she points out that, "Technology has been the key that enables our team to manage 930 option accounts across multiple stocks.
But it also mentions Credit Protection Insurance, and there are some details about "Deferred" interest free option accounts.
All option accounts require prior approval by Scottrade.