Moomoo will assess your option level based on the personal and financial information you provide when applying for an options account and allow you to use the respectiveoption strategies:
Option Level | AvailableStrategies |
0 | None |
1 | Covered Call |
2 | Covered Call Covered Put Long Calls/Puts Collar Long Straddle/Strangle |
3 | Covered Call Covered Put Long Calls/Puts Collar Long Straddle/Strangle Butterfly/Condor Iron Butterfly/Condor Vertical Spread |
4 | Covered Call Covered Put Long Calls/Puts Collar Long Straddle/Strangle Butterfly/Condor Iron Butterfly/Condor Vertical Spread Short Naked Options Short Straddle/Strangle |
Note: The trading strategies allowable for each option level is subject to adjustment by Moomoo Financial Inc. from time to time according to Moomoo's risk management or regulator's requirement.
Disclosures:
Moomoo is a professional trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
Any illustrations, scenarios, or specific securities referenced herein are strictly for illustrative purposes. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal.
Images provided are not current and any securities are shown for illustrative purposes only.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options.