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Start Trading Options

(1) Select relevant stocks

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(2) Select “Options”

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(3) Select the expiration date of the Options

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(4) At the bottom of the screen, select “Single Leg” or Strategy Type (Covered Put / Covered Call / Cash Secured Put)

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*You can sell a short option (short sell call options and short sell put options) when you have relevant positions of the underlying stock or trade Cash-Secured Puts strategies.

(5) Select “Call Option” or “Put Option”

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At the bottom of the screen, select “Both” / “Calls” / “Puts”. By choosing "Both," you can view the price quotes for both call and put options. Alternatively, selecting "Calls" or "Puts" allows you to only view the price quotes for call options or put options, respectively.

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(6) Input the price and number of contracts, press Confirm and the trade is done

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(i) Covered Call

To Opening a position: buy a covered call

To Closing a position: sell a covered call

When you hold the underlying stock, you can sell the relevant call option. At the end of the trading day, the system will automatically combining the contract nto strategies.


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(ii) Covered Put

To Opening a position: sell a covered put

To Closing a position: buy a covered put

When you hold the short position of the underlying stock, you can sell the relevant put option. At the end of the day trading day, the system will automatically combining your underlying stock with the ption contract into strategy.


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(iii) Cash Secured Put

Opening a position: sell out

Closing a position: buy put

Note: Your account needs to have enough buying power to open a Cash Secured Put position


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Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit:  https://www.webull.hk/pricing
More than 40M Downloads Globally : data based on Webull Technologies Limited's internal statistics as of July 14, 2023.
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Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
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