Important: Options are complex, high-risk products. You can lose the entire premium paid and, in some strategies, additional amounts due to the collateral committed.
Before placing an order, make sure you understand the strategy, the strike, the expiration date, and your maximum possible loss.
Access
You can trade options in two ways:
From a stock's page: Trade → Trade options.
From your Portfolio, in the Options section.
If you don't have options enabled yet, the app will take you to the enablement flow. Hapi evaluates whether options are appropriate for you based on your experience, objectives, financial situation, and risk tolerance. Enablement is approved by level, depends on that evaluation, and may be denied. Before your options account is approved, you must receive and review the "Characteristics and Risks of Standardized Options" (ODD).
Order types and validity
Only limit and stop-limit orders are allowed (no market orders).
Orders can have GFD (Good for Day) or GTC (Good Till Cancelled, max 90 days) validity. Check the validity before confirming your order.
Support
The support team does not provide investment advice or recommendations. Hapi Securities is self-directed.
Need help? You can contact the support team from within the app.
👉 The support team does not provide investment, tax, or legal advice.
Options, stocks, and ETFs are offered by Hapi Securities LLC, member of FINRA and SIPC; custody via Apex Clearing Corporation. SIPC does not protect against market losses and does not cover crypto. More information at www.sipc.org. Hapi does not make investment recommendations.