📢 Pre-Market Options Now Open at 12 PM SGT, 4 Hours Earlier

From 13 Oct, pre-market options on Longbridge open at 12 PM SGT (previously 4 PM SGT) and run until the U.S. market opens at 9:30 PM SGT.

No more waiting for the evening open to act on earnings and overnight news. When a company reports after the U.S. close, results usually land around 4 AM SGT, and now you can act on its options from lunchtime.

Here's how to get started:

1 When can I trade?

From 12 PM SGT until the U.S. market opens (currently 9:30 PM SGT). U.S. clocks change on 1 Nov, and we'll update the times in this post when they do.

2 What can I trade, and what can I do?

• Symbols: 51 U.S. stocks & ETFs, including $NVIDIA(NVDA.US), $Tesla(TSLA.US) and $Apple(AAPL.US). See the full list below.
• Expiries: near-term options, weeklies included. Longer-dated options aren’t available pre-market. The option chain in the app shows which expiries you can trade.
• Trade direction: buy to open, or sell to close options you already hold. Selling to open, closing short positions and multi-leg strategies aren’t available in the pre-market session.

3 How do I place an order?

1. Make sure options trading is enabled on your account.
2. Open a supported stock, such as $Tesla(TSLA.US), and go to its option chain.
3. Pick an expiry and a strike.
4. Tap Buy (or Sell, to close a position you hold).
5. Enter your limit price, then review and submit.

4 Good to know before you trade pre-market

• Limit orders only, valid for the day. Anything unfilled is cancelled before the U.S. open; it doesn't carry into regular hours.
• Orders are matched by market makers, so they won't appear in the best bid/ask, but they are live orders.
• In rare cases, such as a trading halt or abnormal price moves, a pre-market trade may be cancelled and your cash and positions restored.
• By default, your P&L doesn't use pre-market option prices. To turn this on, go to Me > Settings > Asset Settings > Options Extended-Hours Prices.
• Pre-market options count towards your account's risk checks. If a margin call is triggered, any forced liquidation happens after the U.S. open.
• $0 commission & platform fees on pre-market options until further notice*. Options cash vouchers and commission-free cards can't be used on pre-market orders.

5 Why trade options on Longbridge?

Longbridge offers the following advantages (applicable during regular US stock trading hours):

• Lower margin for selling options: selling puts and calls on 6,700+ U.S. stocks now ties up less capital than before.
• Margin that keeps working: margin set aside for your options positions can be moved into Cash Plus, so it keeps backing your positions while earning a return.
• More time on expiry night: same-day expiring options are now processed at 2 AM SGT, giving you more time to top up margin or close positions.
• Calendar spreads in one order: sell the near month and buy a later month in a single order.

6 Risks

Pre-market liquidity is lower, so spreads can be wider and orders may not be filled. Options involve risk and are Specified Investment Products.

💭 When do you usually catch up on U.S. market news: over breakfast, at lunch, or after work? Questions about the pre-market session are welcome too. Drop them below and we'll answer 👇

*T&Cs apply. $0 commission and platform fees apply to pre-market options trades until further notice; exchange and regulatory fees may apply. The information provided herein is intended for general informational purposes only and does not constitute investment advice, recommendation, or an offer to buy or sell any investment product or service. Pre-market liquidity is lower, spreads may be wider and orders may not be filled. All investments carry risks, may not be suitable for everyone, and you may lose your investment principal. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. You should seek independent financial advice if you are unsure about any investment decisions. This advertisement has not been reviewed by the Monetary Authority of Singapore.