Your Multi-leg Options Strategy Feature Is Now Available!!
Good news!
Your multi-leg options strategy feature is now available on the app.
Please update to the latest version and start the trial.
Please update to the latest version and start the trial.
Please update to the latest version and start the trial.
A Multi-leg options order involves trading several different options of the same underlying asset, or trading options with the underlying asset simultaneously.
This allows for more flexibility compared to single-option strategies, and may help you navigate different market situations.
1. More advanced option strategies to choose from
Moomoo supports Covered Stock, Vertical Spread, Straddle, Strangle, Collar, (Iron) Condor, (Iron) Butterfly, and Custom strategies.
2. Insightful analysis tools
The intuitive P/L and multiple research tools make it easier for options traders to get started.
Once you have selected a specific option order, click on 'Analysis' in the bottom right corner to visually see the theoretical profit and loss of that order.
3. More flexible customisation strategies
Gain more control of your options trading with our custom strategy features.
Select 2-4 options of the same underlying stock, or 1-3 options with the underlying stock, for a single multi-leg order.
4. Fill in order info and trade with one click
1、Select options from the individual stock detail quote, and go to the "options chain" page;
2、Choose your preferred options strategy;
3、Check the P/L analysis to review important details such as break-even points, profit ranges, and profit probability.
4、Fill in your order info and trade with just one click.
Last but not least, don't forget to update your moomoo to the lastest version firstly!
We welcome any of your feedback to improve our product better.
Feel free to leave comments on this post～
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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LiaoGangzheng : How to update?
AngelBull : thanks for the update, it is really useful!
Regarding custom options strategy, here's my update which I believe is very important to encourage more multi-leg options trading:
As shown in the screenshot, when a multi-leg options transaction is made successfully, I go to the account menu to view my portfolio, I can't find my custom strategy as a single group, Instead the legs are grouped separately into different vertical spread groups.
Refer to screenshots.
Problem: the more custom or multi-leg options we buy, the more it will be hard to track when they are regrouped by the platform into different vertical spreads.
I have not tried iron condor or other more complex strategy, I believe iron condor may also be regrouped into separate vertical spreads by the system instead of all its legs into 1 iron condor group.
Expectation: There should be a Custom Strategy Group where all my legs (options and shares) ordered per transaction are grouped into 1 single group at my portfolio page. This way we can tell which custom strategy group to close if needed.
Hopefully it can be addressed soon.
thanks!
Lee Hock Sheng LiaoGangzheng: If you using android, go google play store. If IOS, go App Store to update the MooMoo apps.
Naturewalk : For Iron Condor, user should be able to freely select the individual strikes of the four legs. Can this be done?
Wall Street Farmer : how is the commission calculated? each leg individual calculation? That would not be competitive compare to Think or Swim platform.
Naturewalk : Good step towards service and app improvement. The Iron Condor strategy should allow flexibility for user to select the four individual strike prices.
Naturewalk : Good step towards service and app improvement. The Iron Condor strategy should allow flexibility for user to select the four individual strike prices.
kster : On batch closing, moomoo keep cancelled the order and resulting only 1 leg is closed with other open at expiry. Even trying to use other method as suggested the system just won’t allow pass through unless buy on margin. Please kindly the batch closing process to make it seamless for users.
102897029 :
sophistication open new doors and learning. show me more or explain the different strategies, any list to click a video with one page picture ? Thank you.
Jones Ng : Make Moomoo’s Options contract commission lower I might try it out. TDAmeritrade Sg has the lowest commission in Sg for Options/Advance Options. Just 70 cents or lesser per leg
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