How do I place an Index Option Order?

Entering an Index option order on Webull is similar to entering an order for stock options. However, there are distinct differences between Index Options and Stock Options you should know about before investing in them. This guide will show you how to submit an index option trade on the Webull mobile App. On the Webull App, you can search the underlying index you would like to trade first and then go to the index options page.

Select the contract you would like to trade and tap to proceed to the order page. You can also double tap to view more information on the options detail page. Options that are AM-Expiration settled are labeled with an AM icon beside the expiration date.

You can adjust the strategies, view the risk profile, modify the parameters and complete the order process on the order page.

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.