Moomoo's new option trading function is available
I'm totally new to this, but since Moomoo is making it avail and my FOMO is kicking in, I did some digging around to find out. Finally, I understood the concept of buying and selling options. It's essentially an investor-to-investor transaction where you can offer for sale an option or multiple) to another to buy your shares at a certain price, within a certain period. Vice versa, you can buy an option from another to buy their shares. Essentially, it is flexible and risk hedging for the buyer.
Fascinating.
I'm interested in trying it out of the position ls I own (as a seller first), but I'm not sure how to set it up
Well, that's a lesson for the coming week. The weekend is here, and I have other priorities. I'm looking forward to this LIVE to give me the tools I need moomoo.com/comm...
Happy weekend everyone!
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