What is Level 2 data on webull?

Webull Level 2 Market data provides an intuitive view of the battle between buyers and sellers. In this tutorial, you will learn how to leverage Level 2 data from Webull to take your trading to the next level. What Is Level 2 Data On Webull ? How Much Does Webull Level 2 Cost ? What Is Level 2 Data On Webull ?

What is Level 2 trading?

At Level 2, traders have access to everything in Level 1 with the addition of long straddles and strangles, covered puts, protective puts, and collars are also available. At Level 3, selling options on margin comes into play. Spreads are possible at Level 3, including credit spreads, debit spreads, iron condors, butterflies, iron flies, and more.

What are the best features of the webull desktop platform?

Option Contract Charting – Apart from the excellent charting provided by the Webull platform, there is another interesting feature that many options traders using the desktop platform like to take advantage of.

How long does it take to trade options with webull?

Based on the answers given, Webull makes a determination about which level of options trading is most suitable. The decision generally comes with a day or two, and once a permission for a particular trading level is granted, trading can commence immediately. One thing to keep in mind is that the decision is not final.