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Selling Puts
Is anyone able to sell cash secured puts on moomoo? I can’t seem to figure this out.
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Will73 : I assume you have to contact customer service to sell cash secured puts for the first time.
Opening Bell 1975 OP : it's crazy because I contacted support twice and they both said that Moomoo doesn't support Cash Support Puts. I said that I've spoke with folks online and seen posted videos where folks are able to do it.
I'm not sure what's up. I have a Level3 options account and when I try updating it to Lvl4 I get denied every time.
Moomoo Buddy : Dear valued customer, We have noted about your question regarding options trading. Sorry for the negative experience. 1.We do not support selling cash secured puts at this moment, hope we can meet your requirement in the future. 2.If you would like to upgrade option Level from LV3 to LV4, it has Asset requirements $5,000, kindly confirm whether you are qualified. We will contact you via phone call tomorrow morning around 10:00 am. Please pay attention to it. If you have any questions, please feel free to contact our customer service. Have a nice day!