US Options Trading

from Australia​

Kickstart your options trading journey with our AI-powered platform​
Industry-low trading fees​
Real-time options pricing data​
Options on 5000+ popular US stocks​
Start Trading Options

Options are complex financial products. As such, you must ensure you have read and understood our Standard Client Agreement, Target Market Determination, Product Disclosure Statement, and Characteristics and Risks of Standardised Options.​​

For more details, please refer to Terms and Conditions.​​

Sharpen your competitive advantage​ Top platform for options trading in Australia​
Low Cost
Liquidity
Trading Tools​​
Paper Trading
$0.50 per contract with full transparency.​
Access to the world's largest and most liquid market.
AI-assisted trading tools designed for active traders — including Option Builder, Option Screener, Vega AI, and more.​
Utilise our free paper trading tool to test core strategies and learn options trading with unlimited virtual cash.
Our Pricing

*Voted Australia’s Best Option Trading Platform for Mobile Trades. Proud winners of the 2026 Finder Awards. ​

Powerful and Insightful Options Tools​​
Designed to enhance your options trading experience with deeper market insights​
Options Strategy Builder​
Options Screener​
Options Chain​
Options Statistics​​
Probability Analysis​
Profit-loss Diagram​​
Options Paper Trade​
Options Strategy Builder​
Create multi-leg combination orders efficiently and access pre-built strategies including straddles, strangles, butterflies, and condors. Simply select your first strike price, and the tool automatically suggests configurations for the remaining legs.​
Start with the Basics​​
Utilise fundamental options strategies to navigate varying market conditions and investment goals.​
Long Call
Buying call options aims to profit from an increase in the underlying asset's price. ​
Long Put
Buying put options seeks to profit from a decrease in the underlying asset's price. ​
Cash-Secured Put
Selling put options while holding enough cash as collaterals aims to collect premiums from the sale of put options.
Covered Call​
Selling a call option while holding the underlying security aims to collect premiums from the sale of call options. ​
Covered Put
Selling put options while shorting the underlying asset aims to collect premiums from the sale of put options.
Progress to Advanced​
Apply advanced options strategies to navigate complex market conditions and opportunities.​
Long Straddle​
Buy a call and put option with the same strike price. Profits from significant price movements in either direction.​
Long Strangle​
Buy a call and put option with different strike prices. Profits from significant price movements in either direction.​
Collar
​Own the underlying stock, sell a call option above the current price, and buy a put option below the current price. Protects your investment from downside risk.​
Butterfly
Buy a low strike option, sell two middle strike options, and buy a high strike option. Profits when the underlying price remains near the middle strike price.​
Iron Condor​
Sell a call and buy a higher strike call, while selling a put and buying a lower strike put. Profits when the underlying price stays within the range.​
Benefits of Trading Options​
With the wide array of options and strategies offered by Webull, you have the capability to explore and capitalise on opportunities across different indexes, asset classes and strategies that align with your investment goals, capital exposure, and risk tolerance.
Maximise Profit​
Earn potential profit from your view of market movements. Navigate the rise and fall of the markets using a range of Options strategies.
Generate Income
Earn potential income by selling Options. Investors receive a premium up front when the strategy is opened.
Manage Risks
Assist investors in protecting their portfolio from a drop in value of a share or the market.
Access Vast Strategy Selections​
Optimize your portfolios and expand your trading beyond stocks and ETFs.​
Level 1​
Level 2
Level 3
Covered Calls​
Buy-Writes
Cash Secured Put
Long Calls and Put
Long Straddle
Collar
Covered Put
Long Strangle
Protective Put
Protective Call
Credit Spread​​
Debit Spread
Calendar Spread
Diagonal Spread
Butterfly
Condor
Back Ratio Spread
Iron Butterfly
Iron Condor
Intro to Options 101​
Enhance your investing confidence with Webull Learn. Join the Webull community to connect with other options traders, stay updated on market trends, and share trading ideas daily.
Learn Now
Learn How to Trade Options From Australia​
Whether you're a beginner or an advanced trader, you can explore a range of option products and strategies to elevate your options investing capabilities.​
What to Know Before Trading Options?
With understanding and proper application, options trading can get investors where they want to be.
Learn more
Buying a Call vs Buying a Stock​
Here is an infographic comparing the difference between buying calls and buying stocks.
Learn more
Getting Started with Calls and Puts​
Some basic information on options trading.
Learn more
0DTE Options​
In your research, you may have heard about trading options with Zero Days to Expiration, also called “0DTE”. Maybe you’ve even traded them before. Let's learn more about 0DTE options.
Learn more
Start Your Option Trading Journey in 3 Easy Steps
3
Start trading options

Kick start your options trading journey with free real-time OPRA and index data1

2
Demonstrate your suitability
Complete the Options Assessment to obtain approval to trade options.
1
Open an account
Fill out our simple application form.
Open an Account

*Options are complex financial products. As such, you must ensure you have read and understood our Standard Client Agreement, Target Market Determination, Product Disclosure Statement and Characteristics and Risks of Standardized Options.

1Complete your first options trade and enjoy 30 days of free real-time OPRA and index data. Promotional offer subject to change.