Options Trading
How do I upgrade/downgrade my options trading level?
How do I upgrade/downgrade my options trading level?

Your options trading level is calculated based on your risk assessment result. Generally, there is no way to upgrade your trading level. However, if you think your investment profile does not accurately reflect your options trading experience and risk tolerance, you can choose to reapply. Your trading level will be reviewed and approved according to the updated risk assessment result in one business day. Steps to update your options trading level: 

1) Tap the Webull icon (bottom center). 

2) Tap Details next to the Total Account Value. 

3) Scroll down until you find the Trading Access

4) Tap Trading Access to reapply

Option trading entails significant risk and is not appropriate for all investors. Option investors can rapidly lose the entire value of their investment in a short period of time and incur permanent loss by expiration date. You need to complete an options trading application and get approval on eligible accounts. Please read the Characteristics and Risks of Standardized Options and Option Spread Risk Disclosure before trading options.

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