An Options Platform for Serious Traders
Empower your options trading on stocks, ETFs, and indices with our trading and analytical tools and features
Why Trade Options with Webull?
Whatever your market outlook, Webull has the strategies you need.
You can trade single options, covered calls, spreads, straddles, and more!

Cost Efficiency

  • Zero commissions
  • Zero per contract fees for equity options
  • $0.55 per contract fee for index options

*Regulatory, exchange, and index option fees may applyLearn More about Pricing

Unusual Options Activity

Find trading opportunities and make more informed decisions about option trading

Free OPRA Quotes

Make informed decisions with real-time streaming quotes, for free

Options Discover

Streamline the trading process with simpler ways to place an options trade

Options Screener

Spot trading opportunities by filtering contracts with your quotes and Greeks criteria

Paper Trading

Test your trading strategies with real-time data before risking real money

Features Designed for Flexibility

Rolling Options

  • Fine-tune your positions for maximum potential
  • Roll your positions in, out, up, or down
  • Single or multi-leg rolling
  • Roll with just a few clicks

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Leg in/Leg out

Leg in to build a new strategy, or leg out from your existing one in just a few steps.

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Unusual Options Activity

Track options activities and understand the present options market by observing unusual behavior.

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Disclaimer: All data is provided for informational purposes only and should not be solely relied upon to make investment decisions or deemed to be a recommendation to engage in options trading.

Option Alerts

Stay informed with alerts for price targets and volume hikes

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Top Options

Filter through thousands of contracts and monitor changes in the market by ranking different parameters.

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Options Discover

A simplified and easy-to-understand process for placing an options trade.

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Configurable Options Chains

  • Customizable layout
  • Place orders directly on the options chain
  • Real-time Options Greeks
  • View Implied Volatility by contract
  • See probabilities of ITM, OTM and Break Even.

*Projections are not recommendations or guarantees of performance

Options Screener

Find the options that fit your trading strategy using custom criteria.

Option Profit-loss Diagram

Instantly visualize the profit-loss of an option trade in real-time when any parameter is changed.

*Projections are not recommendations or guarantees of performance

Analyze before investing

Volume Statistics

Discover market trends with detailed volume analysis

Probability Analysis

Our intuitive interface empowers you to assess potential movement and outcomes

Options Calculator

Calculate the theoretical value of an option contract at any time based on multiple inputs

*Projections are not recommendations or guarantees of performance

Awards & Recognition

Start your options trading journey in just three steps

Open an account

Fill out our simple application form

Fund your account

Securely deposit any amount of funds

Trade options

Use free real-time OPRA and index data when you start trading options on Webull

Disclosure: Options are risky and not suitable for all investors. Investors can rapidly lose 100% or more of their investment trading options. Before trading options, carefully read Characteristics and Risks of Standardized Options, available at Regulatory and Exchanges fees, and Index Option Contract fees may apply.