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🎉 Good news! Options combination margin discounts are now available!

Great news! The much-anticipated options combination margin reduction strategy is now available! With the premise of risk control, mooers can improve capital efficiency, turning one dollar into two!
📣 What are the new additions this time?
1. Margin reduction for spread strategies
Spread strategy (Spread) consists of two call options or put options with the same scale.
Combination positions of spread strategies will receive margin discounts, and the discount amount depends on the margin requirements of the two options, the difference in exercise prices, and the expiration dates.

2. Margin reduction for straddle strategies
A Straddle strategy consists of one call option and one put option of the same size and expiration date.
The combined position of a Straddle strategy will receive margin reductions, the amount of which depends on the margin requirements of the two options.
Including: Straddle strategy, Wide straddle strategy
✅Which strategies currently support margin reductions?
As of March 2022, Futu has supported margin reductions for 5 major categories and 17 types of options combinations, with reductions of up to 100%.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Covered call strategy for stocks - launched in October of 2021
When holding a combination of positions, no margin is charged for the Call options in the combination.
When holding underlying stocks, no pending margin is charged when placing a Call option order.
Price difference strategy (Spread)*
When holding positions, no margin is required for the options in the Debit Spread combination, while a small amount of margin will be charged for different strike prices in the Credit Spread.
When placing an order for long options positions and forming a Debit Spread with short positions, no margin is required for the short positions.
Straddle strategy (Straddle) (including: Wide Straddle)
There are no exemptions for long Straddle positions.
When holding short Straddle combinations, the side with lower margin in the combination is exempt from margin requirements.
😎How to check the margin of the options portfolio?
Options order page - Sell button - $ symbol next to it - Choose direction (buy or sell) - ViewInitial marginbyThe change value,It is the impact on the account margin after the current order is executed. The option order triggers a combination pairing logic, which will automatically reduce the margin.
Note: Option buyers (long) only pay the premium and do not pay margin.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
💡How is the margin of a covered call position reduced?
Strategy summary: A covered call position consists of holding the underlying stock and selling call orders.
Example: Holding 100 shares of Ford, selling 1 call option, the approximate margin reduction is $568 (the following data is for demonstration purposes only, actual amount subject to the order page data)
1. The situation without margin discount.

When holding stocks, an initial margin of 568.48 yuan is required to sell call.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
2. After the margin discount takes effect,
it will be 0 yuan (indicating that the margin has been waived).
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
💡 How to reduce the margin of the spread strategy combination (Spread)?
Strategy summary: A spread strategy consists of a long position in one option and a short position in another option, and the options within the combination are of the same scale and in the same direction of call or put.
All margins are waived.With aviation as the focal point, it innovatively proposes the business model of "City CTO + Enterprise CSO", focusing on key scenarios such as intelligent cities, intelligent supply chains, and intelligent finance, and has built a rich, comprehensive, and practical matrix of data intelligent products and solutions. It drives decision-making and operation through the intelligence capability of infrastructure.Ford stocksbyVertical spread strategy为例
Buy a put expiring on March 18 with a strike price of $16, requiring a premium of $34.
Note: The options buyer (long) only pays the premium, not the margin.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Sell a put expiring on March 18 with a strike price of $15, requiring a margin of $378.07.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Without margin reduction benefits, the total margin required after the execution of the above two orders is: $34 + $378.07 = $412.07.
After the margin reduction promotion is launched, buying a put option with a strike price of $16 expiring on March 18 still requires $43; at this point, selling another put option with a strike price of $15 expiring on March 18 requires $0 margin.
The margin for the second call option sold is fully waived, with a waiver amount of $373.04.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Partial reduction in margin.With aviation as the focal point, it innovatively proposes the business model of "City CTO + Enterprise CSO", focusing on key scenarios such as intelligent cities, intelligent supply chains, and intelligent finance, and has built a rich, comprehensive, and practical matrix of data intelligent products and solutions. It drives decision-making and operation through the intelligence capability of infrastructure.Xiaomi stocksbyVertical spread strategyFor example:
If you sell a put with a strike price of 15 Hong Kong dollars expiring on March 30th individually, the required initial margin is 1313.86 Hong Kong dollars.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
If you buy a put with a strike price of 14 Hong Kong dollars expiring on March 30th, the option premium required at this time is 180 Hong Kong dollars.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Without margin reduction benefits, the total buying power occupied after the execution of the above two orders is: 1313.86 + 180 =1493.86Hong Kong dollars.
Now, the margin reduction benefits are available. Buying a put with a strike price of 14 Hong Kong dollars expiring on March 30th, the option premium remains 180 Hong Kong dollars;
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Selling a put with a strike price of 15 Hong Kong dollars expiring on March 30th, the required margin at this time is 1000 Hong Kong dollars.
The reduction amount = 1313.86 - 1000 = 313.86 Hong Kong dollars
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
How to reduce the margin of the straddle strategy (Straddle)?
Summary of the strategy: It consists of one call option and one put option with the same option size and expiration date.
Using Ford stock options as an example of a straddle strategy
If a single put option with a strike price of $10 and an expiration date of March 18 is sold, the required initial margin is $231.00
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
If a single call option with a strike price of $24 and an expiration date of March 18 is sold, the required initial margin is $414.75
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Without margin reduction discounts, the total margin required for the two orders is: $231.00 + $414.75 = $645.75
After the margin reduction discount is applied, the required margin = $414.75 + $0 = $414.75
The reduction amount = $645.75 - $414.75 = $231
Details are as follows:
Margin required to sell call is $414.75; margin for selling put is $0.
Good news! The highly anticipated margin reduction strategy for options combinations is now available! With risk management as a priority, Mooers can enhance capital efficiency, spending one dollar as if it were two![Clap][Clap][Clap] 📣What are the new additions this time? 1. The margin reduction for spread strategies. Spread strategy (Spread) is composed of two call options or put options with the same size. Combination hold positions of price difference strategy (Spread) will receive margin reduction, the reduction amount depends on the margin requirements of the two options themselves, the difference between the exercise prices of the options, and the expiration date. 2. Margin reduction for straddle strategy Straddle strategy (Straddle) consists of one call option and one put option with the same size, exercise price, and expiration date. Combining hold positions of a straddle strategy will receive margin reductions, with the reduction amount depending on the margin requirements of the two options respectively. Including: straddle strategy, wide straddle strategy ✅Which strategies currently support margin reductions? As of March 2022, Futu has supported reductions in margins for 5 major categories and 17 types of options combinations, with reductions of up to 100%. Stocks collateral strategy (covered call) - already launched in October 2021. When holding positions in a portfolio, no margin is charged for the empty Call positions within the portfolio. When holding the underlying stock, no margin is charged for placing a sell Call order. Price difference strategy (Spread)* When holding positions, the Debit ...
Margin reduction for ratio spread strategy: reducing the margin for the order with the lesser amount.Margin reduction of up to 50%.。
📈Which stock markets are supported?
Coverage includes US stock options and Hong Kong stock options.
Hong Kong stocks during the day, US stocks at night.
From day to night, the fund efficiency is maximized
Fun fact
1. Debit Spread - a debit spread options combination

Includes two strategies:
1) Bull Call Spread: buying a call option with a lower strike price and selling a call option with a higher strike price at the same time.
2) Bear Put Spread: buying a put option with a lower strike price and selling a put option with a higher strike price.
Applicable scenarios:For stocks with directional expectations and a certain target price and time point
Income and risk are both limited.The maximum profit is the difference in exercise price, while the maximum risk is the premium paid.
2. Credit Spread - Debit spread option combination
Includes two strategies:
1) Bear Call Spread in a Bear Market: Buy a higher strike call and sell a lower strike call.
2) Bull Put Spread in a Bull Market: Sell a lower strike put and buy a put with an even lower strike at the same time.
Applicable scenarios:For directional expectations on the underlying stocks, with opposing target prices and time points.
Income and risk: Both are limited. The maximum income is the equity premium, and the maximum risk is the difference in strike prices.
Interactive prize
Let's chat in the comments section.What other expectations do you have for options-related functions?, Futubull will select 5 mooers with genuine feelings after April 3rd and send out prizes.188 points ~
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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