What types of Options are available for trading?

Single Option:

The Webull App supports Long Call and Long Put orders.

Option Strategy:

We offer up to three type of options trading levels. The following displays what strategies can be traded at each options level:

Level 1

• Covered Calls
• Cash-Secured Puts

Level 2 (including level 1 strategies)

• Long Calls
• Long Puts
• Collars
• Protective Puts
• Protective Calls (margin account required)
• Covered Puts (margin account required)
• Long Straddles (margin account required)
• Long Strangles (margin account required)

Level 3 (including Level 1-2 strategies)

• Credit Spreads
• Debit Spreads
• Long & Short Butterflys
• Long & Short Iron Butterflys
• Long & Short Condors
• Long & Short Iron Condors
• Back Ratio Call Spread
• Back Ratio Put Spread