Maybe the worst rule there is. Supposedly rules in the market like that are made to protect unsophisticated traders and investors. In fact they penalize the very small-time traders and investors they purport to protect by taking away all strategies they say are “risky.” I learned everything I know from trial and error. The PDT rule takes away the trials which makes it nearly impossible to learn from the errors.

I really have no solution to this since this strategy can be stopped out easily more than four times a week and day trading (“never hold ’em overnight”) surely violates the PDT rule before it goes on to make two or three hundred percent (thank you very much, SEC ). So far this month this strategy has gained more than 100% day trading seven times in twenty trading days, a 100% or more about every three days but probably nothing for those subject to the PDT rules (thank you very, very much, SEC).

I guess my best suggestion (and this is only a guess) would be to only trade this on Fridays. One day, the weekly options expiring that day. Gives some room for stops. Last Friday that made 210% on the SPY 415CALL, not stopped once.

Other than that, save your money, mark time swing trades with the NYMO/NYSI, do the trials and errors on paper, until you raise enough to get past the rule and hopefully have your profits go parabolic.