✓ Using the Alpaca keys already saved from Lighthouse.
Lottery Account Settings
Reflects FINRA's June 4, 2026 elimination of the Pattern Day Trader rule (SR-FINRA-2025-017).
The old $25,000 PDT floor and 4-trades-in-5-days flag are gone — margin accounts now just need
$2,000 minimum equity, with same-day exposure checked in real time against equity × multiplier.
Repeated breaches within 5 business days trigger a simulated 90-day freeze.
Cash accounts aren't subject to margin rules at all — no minimum equity, no exposure limit,
no freeze. Instead, proceeds from a closed position take one business day (T+1) to settle
before they can fund a new buy. No configuration needed for this — it's tracked automatically.
Long-Term Account Settings
Derivatives Account Settings
Options are priced with a Black-Scholes model off the underlying's live Finnhub quote —
not a real options chain (Finnhub's free tier doesn't provide one), so premiums here are
theoretical, not tradeable market prices. Futures have no free real-time data source
either, so each contract is tracked against a proxy symbol (e.g. SPY for an S&P
future) using a point value you set, rather than the actual futures tape. Good for
practicing mechanics — sizing, margin, expiration, direction — not for exact price
discovery.