: Navigate to Settings > Investing > Options Trading to apply.
: For Level 2 approval, you typically need to maintain a minimum account equity of $2,000 . 2. Understanding Robinhood’s Options Levels can you buy options on robinhood
Robinhood uses a tiered system to limit risk for both the platform and the trader. : Allows for buying calls and puts. Allows for writing covered calls and cash-secured puts. Level 3 (Advanced) : : Navigate to Settings > Investing > Options
: Most users must pass a 10-question multiple-choice quiz covering options fundamentals and risks. In early 2025, Robinhood introduced AI-driven assistance that helped improve pass rates by 20%. Level 3 (Advanced) : : Most users must
Requires a higher level of experience and typically a Robinhood Gold or Instant account; basic cash accounts do not support Level 3. 3. Costs and Fees One of Robinhood's biggest draws is its low-cost model. Placing an options trade | Robinhood
Trading Options on Robinhood: A Beginner’s Guide Yes, you can trade options on Robinhood , and it is one of the most popular platforms for doing so due to its commission-free structure. However, unlike standard stock trading, options require a specific approval process and an understanding of tiered access levels. 1. Getting Approved for Options