3. Wheeling weeklies on cash account, how to avoid GFVs

Wheeling weeklies on cash account, how to avoid GFVs

I'm using this as an example. This isn't the actual amount of funds in my account nor is it all my money I have for investing. I have several brokerage accounts set up with more than one broker and each account has a specific purpose. The only reason I am asking this is because it can sometimes take more than a day for deposits to settle if I'm shuffling money around between accounts. It would be better to have a set amount of settled cash in whatever account I'm using, but depending on what is moving and when it is moving, I may be selling CCs from one account and CSP from another.

Not sure how you think I am trying to be a story of turning two grand into a hundred grand, but whatever...

Maybe I put too many words there and confused people. The root of the question is, if I write an option, how long does it take for the funds collected from the premium to settle? Is it t+1 just like buy-sell?

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