Hi, I'd like to get started with options trading because the upfront costs of options are very low, relative to owning the stock. However, what I didn't realize is that there are multiple barriers to doing so. One of them being my broker's "permission levels," which won't even allow me to setup a vertical spread. Is it even possible to trade options beyond "covered calls" with a small account?
Also, TastyWorks seems to offer options trading with a $2k new account. What's the catch?
https://tastyworks.com/