How to do option trades on moomoo papertrade iphone
Hi, can someone teach me how to set up papetrade ptions strategies? I want to use papertrade to test strategies like vertical spread and strangle but I can’t seem to find how to do it.
I tried following what@LTCMtaught about options trading in Andriod, but I can’t find the “more - paper” option on right lower corner of a stock’s options page.
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LTCM
:
Hey I saw u tagged me. Let me send some screenshots, hope it helps
Basically you need to go to the live stock chart, select options, then select the option strike price that you want. Once done the option’s ticker symbol will appear at the bottom in small font. Tap it, then tap the 3 dots icon on the bottom right to open the menu for papertrading. Doing this will open the papertrading for options
103979116
OP
:
@LTCM I have managed to figure out how to use papertrade thanks to your detailed step-by-step instructions. However, there is no option to use strategies like vertical spread and such in papertrade? Does that mean that if I want to do a vertical spread, I will need to buy and sell the options one at a time?
LTCM
:
@103979116 yes that seems to be the case. I had to quickly select vertical, and then purchase the 2 legs separately by tapping on both option tickers and papertrading them
gnatswarms : https://www.moomoo.com/zh-us/news/post/3604839?hidden=bbb072c5c7e44153c72c&seo_redirect=1&report_type=market&report_id=531214&src=123&skintype=1&main_broker=WwogIDEwMDcKXQ
LTCM : Hey I saw u tagged me. Let me send some screenshots, hope it helps
Basically you need to go to the live stock chart, select options, then select the option strike price that you want. Once done the option’s ticker symbol will appear at the bottom in small font. Tap it, then tap the 3 dots icon on the bottom right to open the menu for papertrading. Doing this will open the papertrading for options
103979116 OP : @LTCM I have managed to figure out how to use papertrade thanks to your detailed step-by-step instructions. However, there is no option to use strategies like vertical spread and such in papertrade? Does that mean that if I want to do a vertical spread, I will need to buy and sell the options one at a time?
LTCM : @103979116 yes that seems to be the case. I had to quickly select vertical, and then purchase the 2 legs separately by tapping on both option tickers and papertrading them
HodlnStocks LTCM : I don’t see the three dots for options when I try to
LTCM HodlnStocks : Hmm are u on iPhone?
LTCM : I just tested it. Tap the option, then tap its name on the bottom right. The 3 vertical dots will be on the bottom right of the next screen
LTCM : Here
HodlnStocks LTCM : Yeah I’m on iPhone I’ll try again after looking at your screenshots
HodlnStocks LTCM : Figured it out now after those screenshots thanks man
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