Options

September 24, 2026

Multi-Leg Options and Complex Strategies

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Overview

The Clear Street platform currently supports single-leg options orders. Multi-leg options strategies aren't available yet, but they're on our near-term roadmap.

Multi-leg strategies include:

  • Vertical spreads.
  • Calendar or diagonal spreads.
  • Iron condors.
  • Iron butterflies.
  • Straddles and strangles.
  • Ratio spreads.
  • Other multi-leg combinations.

Multi-leg strategies generally require Level 3 or higher options approval. For how options levels work, see 📄 Enabling Options Trading on Your Account.

To place a single-leg options order, see 📄 Placing a Single-Leg Options Order.

Put what you’ve learned to work

The best investors don't wait for permission. They do their own work, take responsibility for their decisions and put their capital behind their conviction.

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