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Option Level

1. Type of option available to trade for different Option Level

2. How to view and change my option level

 

1. Type of option available to trade for different Option Level

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 respective option strategies:

Available Strategies

 Lv1

Lv2

 Lv3

Lv4

Cash-secured Put

 

Covered Call

Covered Put

 

Long Call or Put

 

Collar

 

Long Straddle or Strangle

 

Butterfly or Condor

 

 

Iron Butterfly or Condor

 

 

Vertical Spread

 

 

Long Calendar Spread

 

 

Long Diagonal Spread

 

 

Short Calendar Spread

 

 

 

Short Diagonal Spread

 

 

 

Short Naked Call or Put

 

 

 

Short Straddle or Strangle

 

 

 

Note: With naked short selling, short straddle or short strangle, there is no limit to how high a stock price could rise, so the potential loss is unlimited. And there are also some other risks, including dividend risk and margin risk. Hence, these types of strategy are not appropriate for all investors.

 

2. How to view and change my option level

You can submit your application of update option level via app > Accounts > More >Option Level > Update Level. You can also click here to submit your application for updating option level.

Note:

1. Moomoo US may adjust your option level and the option strategies available for each level at any time according to regulatory requirements and risk management needs.

2. Update level application will take 1-2 business days to review. For results of the update option level application, please mind the notification in the App.

This content is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.

In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.