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Options brokers in Moldova for the wheel strategy

One broker allows the wheel without a margin account for residents of Moldova. The same facts for each: fees, approvals, countries.

The wheel means you sell cash-secured puts until you are assigned shares, then sell covered calls on them until the shares are called away. Each turn can end in an assignment, and if the price falls you hold shares worth less than you paid. The brokers here allow both steps without a margin account, so check the assignment fee, the fee per contract and the interest on your cash. One broker allows the wheel without a margin account for residents of Moldova.

At a glance: 1 broker, 1 at $0 per contract, 1 with $0 exercise and assignment, 1 approving naked options, 1 working with QuantWheel; median fee $0.00 per contract, lowest margin rate at $50,000 none.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
TradeStationTrade & Sync$0 via QuantWheelIndex options add $0.75 per contract$0NakedYesNegotiable
1 of 28 brokersIn the published order

The brokers one by one

What qualifies each for this page, from its fee schedule and options agreement, and the one fact that sets it apart.
  • TradeStation$0 via QuantWheel · $0 exercise and assignment · naked

    TradeStation opens options accounts for residents of Moldova. It charges $0 via QuantWheel (Index options add $0.75 per contract). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.

    Level for covered calls and cash-secured putsCovered calls Level 1; cash-secured puts allowed in cash accounts, level not published.

More by what you trade

Every page in this folder lists the brokers that qualify, with the same facts.

Related pages

The same page for other countries, then the facets traders pair with this one.

Questions people ask

Wheel strategy

TradeStation, among the brokers that open accounts for residents of Moldova.

Brokers that work with QuantWheel sort first and carry the mark, because that is a fact about them, not a score. Sorting a column overrides this.

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The share card of Options brokers in Moldova for the wheel strategy