US Options Trading
Advanced options trading with pro-grade tools that traders love.
Advanced trading tools
Largest options market in the world​
Low trading fees

Real-time options price data1

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.​

Start Trading Options
Webull’s Powerful Trading Platform
Proud to be one of the best day trading platforms in Australia​
Low Cost
Straightforward and simple— ​ $0.50 per option contract.
Liquidity
Access to the world's largest and most liquid market.
Trading Tools​
Trading tools designed specifically for option traders — Option Builder, Advanced Charts, 0DTE Centre, and Option Screeners. ​
Paper Trading
Utilise our free paper trading tool to test your strategies and learn options trading without risking real money.
Our Pricing
Benefits of Trading Options​
With a 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​
Profit from your view of market movements. Navigate the rise and fall of the markets using a range of Options strategies.
Manage Risks
Assist investors in protecting their portfolio from a drop in value of a share or the market.
Generate Income
Earn income by selling Options. Investors receive a premium up-front when the strategy is opened.

Comparing US and Australian

Options Markets​

United State​
Market
Australia​

Monthly Trade Volume2

5 million
1,600 million
Settlement Time​
T+1
T+1
Product Range​
• Equity Options​ • ETF Options​ • Index Options
• Equity Options​ • ETF Options​ • Index Options
Exchange​
ASX
CBOE, NASDAQ, NYSE and others​
Trading Hours​
• Equity Options 10:00 AM to 16:20 PM AEST​ • Index Options 9:50 AM to 17:00 PM AEST

• Equity Options 9:30 AM - 4:00 PM ET1​
• Index Options 9:30 AM - 4:15 PM ET

1Certain options can be traded until 4:15 p.m. ET.​

2The statistic is based on US and Australian market data as of December 2024.​

Note: Webull currently only supports US Options trading.​

Start with the Basics​
Utilise various options trading 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 collateral 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.
Webull Advanced Options Trading

All new registrants receive a complimentary real-time options price feed (OPRA). Lean more >>

Options Strategy Builder
You can create multi-legged combination orders on the fly and access predefined combinations.​ ​ Simply point to the first desired strike, and the tool will automatically adjust to select the remaining legs.
Options Chain
Powerful tools to analyse and filter options chains, and monitor existing positions through our comprehensive tools.
Options Statistics
Options Scanner
Probability Analysis
Options Calculator
Helps traders assess the potential outcomes of your strategies by inputting key variables. The calculator provides valuable information to help you make more informed decisions.
Seller Center
Options Screener
Options Paper Trading
Start Trading Options
Build Your Options Knowledge
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
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 data
2
Demonstrate your suitability
Complete the Options Assessment to obtain your permission.
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.