Option Level
2. How to apply for/update your option level
1. What's an option level
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Margin Account
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Cash Account
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Strategies
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Level 1
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Level 2
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Level 3
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Level 4
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Stock Options
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Stock Options
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Index Options
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Stock Options
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Index Options
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Stock Options
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Index Options
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Cash-Secured Put
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✓
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✓
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✓
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✓
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✓
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✓
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✓
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✓
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✓
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✓
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Covered Put
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✓
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✓
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✓
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Long Call/Put
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✓
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✓
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✓
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✓
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✓
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✓
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Collar
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✓
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✓
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✓
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Long Straddle/Strangle
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✓
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✓
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✓
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✓
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✓
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✓
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Butterfly/Condor
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✓
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✓
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✓
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✓
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Iron Butterfly/Condor
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✓
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✓
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✓
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✓
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Vertical Spread
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✓
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✓
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✓
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✓
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Long Calendar Spread
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✓
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✓
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✓
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✓
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Long Diagonal Spread
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✓
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✓
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✓
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✓
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Short Calendar Spread
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✓
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✓
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Short Diagonal Spread
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✓
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✓
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Short Naked Call/Put
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✓
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✓
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Short Straddle/Strangle
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✓
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✓
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2. How to apply for/update your option level
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Accounts > Select an Account > More > Option Level
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Switch accounts
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Apply for/Update your option level
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Update your investment information
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Schedule a call
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Moomoo US may adjust option levels and the option strategies available at each level at any time to comply with regulatory requirements and meet its risk management needs.
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It usually takes 1-2 business days to review an application to update an option level. You will receive push notifications once your application is approved.
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If your option level application is not approved, you will need to wait 60 days before submitting a new application to upgrade your option level. If you have any questions, you can contact our customer service team.
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.