Webull Now Offering Multi-Leg Options Strategies for Current Clients

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Webull now supports multi-leg options strategies for those already trading options with Webull. Level 3 is in beta, so only current Webull users can get access to Level 3.

What's a multi-leg options order? A multi-leg options order is a type of order used to simultaneously buy and sell options with more than one strike price, expiration date or sensitivity to the underlying asset's price. It refers to any trade that involves two or more options.

See also: How to Buy Stocks on Webull

Historically, Webull only offered a single option or single-leg option, the very basic strategy that has only one leg. In a single-leg option, you buy a single option (long call, long put) or sell a single option (short call, short put).

The advantage of using a multi-leg order is that it saves traders time and money and add a major benefit during complex trades.

See also: How to Buy Phunware (PHUN) Stock

How to Get Started with Multi-Leg Options Strategies with Webull

Here's how you can get started with Webull's Level 3 multi-leg options strategies: 

  • Update your app to the latest version.
  • Tap on the Webull icon.
  • Tap on "More."
  • Tap on "Options Trading."
  • Explore different strategies filtered by outlooks, rewards or risks. 
  • Tap into advanced tools, such as Probability Analysis and Historical Charts to help you analyze options trends.

Get Access on Webull's App

You can only access multi-leg options strategies on the Webull App (iOS and Android), Webull Desktop App (Mac and Windows) and Webull Tablet App (iPads and Androids). It's not currently supported on the web version. 

Open an Account with Webull

Webull is a self-directed brokerage app with tools to help execute trades, research stocks and more.

Why use Webull? You'll get:

Open an account with Webull today.

Read Benzinga's full Webull review.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

Posted In: OptionsMarkets