Options trading for beginners: How to access options function on mm
Options trading could be tricky, but it also rewards you with a return that stock can't be compared with. Here is how to get to the options tab on mm.
Option page could be found by selecting "Quotes – Markets – Option". You would need access to "option real-time quotes" to access this function.
By selecting the "Option" button you would find several tabs
Unusual Activity is a function that could track the movement of “smart money”, which commonly refers to capital that is being controlled by institutional investors. By understanding how they are investing their capital with unusual activity, we could then “stand on the shoulders of giants” and invest more wisely.
You could also use the filter function to allocate the unusual option activities that are most concerned with your trade idea and strategy.
The ranking tab allows you to rank all tickers by their options market performance from the previous trading period.
You could search for any option chain that's available for trade on moomoo under this tab. An options chain is a listing of all available options contracts for a stock.
Knowing how to use the function is just the very beginning, follow me to read more about real trading including stocks and options.
Free feel to ask me anything about trading.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Nick94928 : Nice article! Very informative, thank you!
Love Durian : I’m totally new on options.
Let say I have 1000 shares on xyz at $30 per share and the market on down trend. What type of options can I buy to protect my capital losses. Buy a put or call options. And how much should I buy. Hope you can give me something to start with. Thank
70604605 : @Traders Mumble could you make a tutorial how to you options in intraday? And how you use unusual activity to buy options ?Appreciate your help