You'll require to provide a prospective broker: Investment goals. This may include earnings, development, capital conservation or speculation. Trading experience. The broker will would like to know your understanding of investing, the length of time you have actually been trading stocks or choices, how numerous trades you make per year and the size of your trades.Have on hand your liquid net worth (or investments easily cost cash), yearly income, total net worth and work info. The types of choices you wish to trade. Based upon your responses, the broker generally appoints you a preliminary trading level (normally 1 to 4, though a 5th level is becoming more common) that is your secret to placing certain kinds of options trades.