I recently tried applying to get approved for trading options in my brokerage account. I have 10k in the account ~$4k in cash and I'm 23. I have more than the average investor's knowledge when it comes to investing and options in particular. My application was denied but of course.. they won't tell you the reason other than the fact that the financial information doesn't meet their criteria.
I've read online that a lot of times they really look for option trading experience... Well how am I supposed to get option experience if I can't get approved in the first place??
Would anyone recommend.. "exaggerating" my application in order to get approved? I'm not looking to do anything risky - I plan on using these very conservatively in fact - and I'm not trading on margin.