You'll need to supply a prospective broker: Investment objectives. This might include earnings, growth, capital conservation or speculation. Trading experience. The broker will need to know your understanding of investing, how long you've been trading stocks or alternatives, how numerous trades you make each year and the size of your trades.Have on hand your liquid net worth (or financial investments easily cost money), yearly income, overall net worth and work info. The types of alternatives you wish to trade. Based on your answers, the broker usually assigns you a preliminary trading level (usually 1 to 4, though a 5th level is ending up being more common) that is your secret to positioning specific types of options trades.