Can I open long only option positions in US stock exchange?

[ShubhS9]

Hey Rohan, please check out this thread, this has already been explained here:

Trading Derivatives in USA from India

Yep, that is right. The money taken out using LRS can’t be used for any kind of derivatives or leveraged trading or any product which has concept of margin. LRS money can be used only for investing. There was also a raid held recently by EOW. Check this.