--- title: "【Combo Options Fully Upgraded】Margin requirements significantly reduced, trading more cost-effective! Say goodbye to manual one-click open/close, trading more flexible!" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/36777057.md" description: "One-click opening and closing positions, five major strategy systems, and more than a dozen ways to play! Easily cope with bull markets, bear markets, and volatile markets! Margin optimization is more user-friendly, option premiums from selling can be used directly, and holding stocks can be used as collateral, with vertical strategy margins significantly reduced!" datetime: "2025-11-28T05:37:54.000Z" locales: - [en](https://longbridge.com/en/topics/36777057.md) - [zh-CN](https://longbridge.com/zh-CN/topics/36777057.md) - [zh-HK](https://longbridge.com/zh-HK/topics/36777057.md) author: "[期权君](https://longbridge.com/en/profiles/8874340.md)" --- # 【Combo Options Fully Upgraded】Margin requirements significantly reduced, trading more cost-effective! Say goodbye to manual one-click open/close, trading more flexible! The long-awaited 【**Combination Options Feature**】has finally received a comprehensive upgrade! Tired of manually creating combination options orders? Now you can **open and close positions with just one click**, staying ahead in both operations and opportunities! Five major strategy systems with dozens of approaches: Whether the market is bullish, bearish, or volatile, you can easily find the right strategy to adapt! Even more exciting, **margin requirements have also been optimized!** Heard complaints about excessive margin usage? Options Master has taken notes! This time, we’ve collaborated with product managers to thoroughly revamp the margin calculation logic for combination options: 1. If you sell options, the margin is now lower than before! Plus, the premium received can be used immediately—no more freezing! 2. For Covered Call strategies, you can now use your stock holdings as collateral, requiring even less margin than trading stocks alone! 3. For Spread strategies, margin requirements have also been significantly reduced, so you no longer need to worry about large amounts of margin being frozen, affecting other position setups! The saved margin can be flexibly used to open more positions, diversify allocations, or seize more opportunities! **In short: Combination options are easier to use, and margins are more friendly!** ## 1\. **How to Build a Combination Options Strategy?** 1) Go to the US stock’s「Stock Details Page」, click「Options」to enter the 「Options Chain」. 2) Click the 「Dropdown」in the top-left corner to select different options strategies. 3) Based on your investment goals, choose the appropriate「Expiration Date」,「Strike Price」, enter the order price, quantity, and direction, then place the order. 4) Click 「Preview」in the bottom-right corner of the order to see real-time margin estimates—clear and intuitive! That’s right—after the upgrade, the margin required is indeed much lower than before, saving both effort and money! Next, Options Master will walk you through some high-frequency combination options strategies in the market—see how options can be played in new ways! Options can be played like this? Let’s unlock new possibilities together! ## 2\. High-Frequency Common Strategies Analysis! **1) Covered Call Strategy - Hold Stocks for Extra Gains, More Stable Returns** **Strategy Composition:** Hold underlying stock, sell a call option (Call). **Scenario:** Bullish, but with limited upside. **Learn more here:**[Covered Call](https://longportapp.cn/community/course/chapter/1351?channel=SH000001&invite-code=GFVT7X&app_id=longbridge&utm_source=longbridge_app_share&locale=zh-CN&share_track_id=527c0f68-4246-4fcc-8794-1d4ce70d4004&courseId=0&type=1) **2) Bull Call Spread Strategy - Want to Capture Range Volatility? Use This!** **Strategy Composition:** Buy a lower-strike Call, sell a higher-strike Call. **Scenario:** Expect the market to rise but with limited upside; or expect a stock to rebound from lows. **Learn more here:**[Bull Call Spread](https://longportapp.cn/community/course/chapter/1519?channel=SH000001&invite-code=GFVT7X&app_id=longbridge&utm_source=longbridge_app_share&locale=zh-CN&share_track_id=527c0f68-4246-4fcc-8794-1d4ce70d4004&courseId=0&type=1) **3) Long Straddle Strategy - Volatile Markets, Don’t Miss Two-Way Opportunities** **Strategy Composition:** Buy both a Call and a Put with the same strike price and expiration date. **Scenario:** Expect significant market volatility but unclear direction. **Learn more here:**[Long Straddle](https://longportapp.cn/community/course/chapter/1557?channel=SH000001&invite-code=GFVT7X&app_id=longbridge&utm_source=longbridge_app_share&locale=zh-CN&share_track_id=527c0f68-4246-4fcc-8794-1d4ce70d4004&courseId=0&type=1) ## 3\. Your Feedback Matters! That’s all for today’s introduction to combination options and margin optimization! This is just the beginning, not the end! **Options Master will always be here to listen—feel free to leave comments and share your thoughts!** > What other strategies would you like to see? > > Any suggestions for margin mechanisms? > > Which features feel inconvenient to use? > > What optimizations are you most looking forward to next? Every comment will be carefully recorded and directly relayed to the product managers! We firmly believe that great products are built with user participation. Whether it’s strategy suggestions, feature requests, or any details in your trading experience, your feedback will drive our continuous improvements. Looking forward to exploring a better options trading experience with you all! ## Comments (111) - **CS7 · 2025-12-31T15:01:36.000Z**: Hello, we sincerely apologize that the combined options trading is currently under optimization. Before the optimization is completed, you can currently place individual options orders, which will be automatically combined for you, or wait until there are no single-leg options positions in your acco - **新用户_9Gca5 · 2025-12-30T16:47:09.000Z**: Still garbage, making a covered call actually occupies the financing quota - **水月望花海 · 2025-12-30T14:25:35.000Z**: Personally, I think the options trading fees are indeed too expensive, and there should be an automatic take-profit and stop-loss selling method added, because I often fall asleep 😰 and can't sell when I wake up 😓 - **宋知非 · 2025-12-30T05:58:02.000Z**: With the opening of Stock Connect options, you can rival Futu NiuNiu. - **铁皮石斛 · 2025-12-29T01:02:39.000Z**: Simulation account, can't select option strategies, want to test the strategies, can't test - **新用户_nana · 2025-12-27T04:14:30.000Z**: No no no - **躺平的交易员 · 2025-12-27T02:08:21.000Z · 👍 1**: Strongly recommend enabling one-click rollover functionality - **新用户_LNKKSx · 2025-12-24T11:56:08.000Z**: Bull Call Spread 打不开 - **取名好头疼 · 2025-12-23T17:06:50.000Z**: Option fees are way too expensive - **vincent180963 · 2025-12-23T02:26:16.000Z**: Why are there no butterflies and iron eagles - **爬行喵 · 2025-12-22T15:12:01.000Z**: What's the situation? It's completely unusable, always rejecting orders - **womengying** (2025-12-22T17:00:24.000Z): Yes, I found that too, the customer service even asked me to place separate orders with one leg - **johnsonjo · 2025-12-22T14:44:46.000Z**: Deposit can be transferred to the balance account, custom combination deposit - **For a better future · 2025-12-22T11:08:43.000Z**: I hope to customize option strategies and reduce the margin for protected option strategies. If the option trading fees can be further reduced, then Longbridge would be my god. - **活泼开朗的馒头 · 2025-12-22T10:59:40.000Z**: Why can't the deposit be put into the balance pass? - **我爱期权 · 2025-12-21T10:22:59.000Z**: . Still can,,..., - **微笑的Teresa · 2025-12-20T03:43:48.000Z**: When will it start? - **新用户_张砼书 · 2025-12-20T02:44:51.000Z**: Hope to add diagonal spread strategy would be great - **先买后研究 · 2025-12-19T10:27:55.000Z · 👍 2**: When will the simulated trading platform open combination options for more practice?