If I buy and sell the same option contracts more than three times in five days using a cash account would I be flagged as a pattern day trader?
I'm asking because I was reading about the pattern day trader rules on FINRA and it sounds like it would be impossible to get flagged as PDT if you were using a cash account. I thought I'd ask a question here in case anyone had researched this type of trading before and wanted to share. Anyway, it says,
"Day trading in a cash account is not permitted. All securities purchased in the cash account must be paid for in full before they are sold. In the cash account, under FINRA rules, purchasing a security, paying for it in full as required by Regulation T, and then selling the same security is not considered a day trade." - [https://www.finra.org/investors/investing/investment-products/stocks/day-trading](https://www.finra.org/investors/investing/investment-products/stocks/day-trading)
