Lot Selection Method – An important difference between brokerages

Sharing a very important difference between brokerages I just learned today.

That is "Lot Selection Method".

Please 🙏 be aware of this critical account option feature when choosing a brokerage.

Specifically regarding options, at the moment Charles Schwab allows the selection of which shares are sold. Robinhood however does not.

This could of course change in the future, but at the time of this post Robinhood account holders have a Lot Selection limitation when selling options if the shares were purchased at different prices.

Images attached above for your review.

I hope this helps someone.