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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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