When you make a bank deposit to Robinhood, it can take up to 5 business days for your pending deposit to be available. With Instant Deposits, you get instant buying power to invest in your Robinhood account while your money is on its way from the bank.

Instant Deposits buying power are provided in good faith and are subject to limitations. Specifically, options trading may be limited for these reasons:

• Risk of rapid value loss: Options are highly volatile and can lose value quickly due to factors like implied volatility and time decay
• Protection of funds: Instant Deposits represent funds that have not yet settled. This precaution helps mitigate financial risks while your deposit is pending

Once your pending deposit becomes available, you’ll be able to use it for options trading and other assets without restrictions.

You can trade options after your pending deposit is available (within 5 business days).

In the future, to trade options using Instant Deposit buying power, you can establish and maintain:

• A higher portfolio balance (excluding your options positions)
• A successful history of deposits

To trade options without any friction, you can ensure you have fully settled cash available by making a deposit in advance and waiting for the transfer to be available.