On 6/7/2021 9:09 AM, jbeattie wrote:

snip

Day trading means trades accomplished in a day. You can buy a contract for a week or a month (or any other equity, derivative, etc.) but you sell it that day. In fact, you may sell it in ten minutes. The whole idea of day trading is to capitalize on intra-day price fluctuations.

-- Jay Beattie.

Correct. Tom can learn about this by reading
https://en.wikipedia.org/wiki/Day_trading.