How can I tell if a stock that is trading right around $2 is marginable or not?
All stocks below $2 are non-marginable as well as certain other stocks above $2. A stock that was below $2 must close above $2 before it can be marginable. If you are unsure if a stock is marginable, please contact your Branch Office Manager or the Assent Margin Department for assistance. Option purchases are not marginable and can be effectuated only with cash available in your account.
