Webull lifts $25,000 PDT limit; shares jump 8.3% after 30% rally
Webull rose 8.3% to $6.28 for a third straight gain after a 30% rally, yet remains 17% below its 2026 open with a 10-day call/put ratio of 12.29 in the 99th percentile. The company removes the $25,000 pattern day-trader minimum and trade-count limits, deploying an intraday margining system.
1. Stock performance and trading activity
Webull shares gained 8.3% to $6.28, marking a third consecutive session rise and roughly a 30% increase since the pattern day-trader rule was lifted, though the stock remains 17% below its 2026 opening level. Call-option volume dominated puts with a 10-day call/put ratio of 12.29 in the 99th percentile, and its 14-day RSI of 72 indicates overbought conditions.
2. Elimination of PDT rules and margining system
The SEC’s removal of the $25,000 pattern day-trader minimum balance and day-trade count restrictions takes effect immediately, and Webull is among the first brokers to support the change. The platform will deploy a new intraday margining system for stocks, ETFs and options, enabling unlimited same-day trades and instant redeployment of realized profits.