to sell a put do i need that much money in my account
Many firms, including Charles Schwab and Fidelity, require you to have at least $5,000 in your account if you want to sell a stock short. When you short a stock, you can use the proceeds of the sale to fund the margin requirements, but you must keep the cash in the account.ou may have to buy the stock back at a much higher price than the price at which you sold. To help reduce this risk, firms require you to have at least some money in your account if you want to sell a stock short.