Sell Put on Apple

mcqiao82 : May I ask the question option must have base money on Acc? Otherwise it will automatically close even the stock price remain the same?

Cow Moo-neyOP mcqiao82: Hello, are you referring to buying or selling an option? There is a difference

mcqiao82 Cow Moo-neyOP: I’m newbie and recently wanna to try sell put and the strike price for Apple stock on 165 to earn premium , do I need to reload more base money to avoid terminate automatically

Cow Moo-neyOP mcqiao82: First of foremost do you know the risk of selling put? Take your case as an example, if your contract get assigned, you will have to fork put $16,500 USD to buy 100 Apple shares. I hope you’re aware of that.

If so, to answer your questions, there is a minimum margin requirement to sell the put and hold on to the contract. You don’t need the full 16,500 cash in your account. For more information on minimum margin requirement, you can reach out to Moomoo in app chat agent. They are very responsive

mcqiao82 Cow Moo-neyOP: Okay tq for the suggestion u are a nice trader hope you earn more in your future thx a lot

Cow Moo-neyOP mcqiao82: Same to you, all the best to you!