Flagged for PDT (Pattern Day Trading)
I have a question that I'm hoping I can get cleared up.
Scenario: I purchased one (1) SPY $750c 5/22 expiration contract on Friday May,15th. I did not sell it on Friday.
The following Monday May 18th, I purchased another one (1) SPY $750c 5/22 expiration contract . I then had two (2) contracts of Spy 750c 5/22 expiration, with one being purchased on Friday and one being purchased on Monday.
I then sold one (1) of the two (2) contracts that I was holding on Monday May 18th. I was still in possession of one of the two contracts. The sale on Monday It was categorized by Webull as a Day Trade.
Correct me if I'm wrong, wouldn't it have deferred to the contract I purchased on Friday first as the one I was selling that Monday?
Further context: when the trade on Monday was flagged as Day Trade, I got flagged for PDT (Pattern Day Trader) and was forced to deposit another few thousand to get my account over the 25K. I specifically have never gone over the Day Trade limit as I didn't want to be forced to keep $25K at all times in my Webull account.
I reached out to Webull support and they basically copy and pasted a PDT sheet and didn't really answer my specific issue. I don't think the trade on Monday should have been categorized as a Day Trade, but please correct me if I'm wrong.
Thanks in Advance!
p.s. I know this won't matter in about a month when PDT limits go away but I would still like to know if what happened was correct.