Strategies and Multi-Leg

Supported finite-loss structures are allowed on Strix Pro, subject to buying power and drawdown. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Yes on Strix Pro when the portfolio has a supported, assessable finite maximum loss. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Supported finite-loss structures are allowed on Strix Pro, subject to buying power and drawdown. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Supported finite-loss structures are allowed on Strix Pro, subject to buying power and drawdown. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Only structures whose maximum loss can be reliably assessed by the supported model are allowed on Strix Pro. Do not assume a different-expiry or settlement structure is supported. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Supported finite-loss structures are allowed on Strix Pro, subject to buying power and drawdown. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. Uncovered unlimited-loss calls cannot be opened without a supported hedge; a stop order does not supply that hedge. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

For new purchases, opening short legs requires Strix Pro and an assessable finite-loss portfolio. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

One contract. There is no minimum trade size beyond standard exchange constraints.

Yes. Weekly options on whitelisted tickers are tradable.

Yes. Closing a losing leg and opening a new strike or expiration is a normal multi-leg roll. Standard rules apply.

Supported finite-loss structures are allowed on Strix Pro, subject to buying power and drawdown. Buying and supported finite-loss option selling are allowed. Unlimited-loss short calls require a hedge. Call hedges must match the short call’s option root and expiration; different roots and expirations are assessed separately. A stop order does not limit theoretical maximum loss. Standard instrument trading and expiration rules apply; there is no additional Pro early-close rule. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Supported finite-loss iron condors are allowed on Strix Pro, on approved symbols. Standard instrument-specific trading hours, 0DTE cutoffs, auto-close and settlement rules apply to long and short options. Pro adds no earlier expiry cutoff. New Strix and Express purchases allow single-leg long calls and long puts. Selling an option you already own to close it is allowed. Opening any short leg, including a short leg in a debit spread, requires Strix Pro. Previous purchases keep their original permissions in Evaluation and Funded.

Pin risk is uncertainty around exercise and assignment near the strike at expiry. Standard instrument-specific trading hours, 0DTE cutoffs, auto-close and settlement rules apply to long and short options. Pro adds no earlier expiry cutoff. A finite terminal-loss assessment does not remove exercise, assignment or settlement risk. Missing valid quotes follow standard settlement rules; no execution price is invented.

Yes. Strike selection is your choice within the whitelisted tickers. Drawdown applies regardless of how far out-of-the-money you trade.

Yes. Trading continues during payout review. Drawdown and every other rule still apply, so be mindful that a breach can close the account before the payout clears.