Option levels determine whether a user can buy or sell call or put options. The higher the approval level, the more risk you can take on. For most outcomes on Olive, you will need to be able to create spreads and write covered puts.

New to options? Watch this quick tutorial on how to get approved in TD Ameritrade. Olive requires a minimum Tier 2 Standard Margin approval level to execute outcome trades with TD Ameritrade.

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