u/Timioche

Requirement for bull call spread

I am New to IBKR. Overall great features.

Yesterday I tried to enter my first vertical call spread (bull call spread) limit order.(Options)

Risk is defined at purchase.

However I wasn't allowed to place the order.

I have a level 3 option status since I want to avoid margin account. Do I really need a level 4? I hope not

Thanks if anyone can help here ?

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u/Timioche — 3 days ago