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You’ve got options

17 multi-leg options, to be exact

Give your investments some legs

Want to trade with four legs? Then make yourself comfortable, and start trading multi-leg option strategies at Questrade. We offer 17 pre-defined multi-leg strategies, such as collars, calendars, straddles and strangles. Want something more exotic? Create your own custom strategy with up to four legs. All are available in our Questrade IQ trading platforms.

Our experts know so much about option strategies, they wrote three whole eBooks about them. Here’s the kicker: download them for free, right now. Pick the eBook that suits your level of options familiarity. Now that’s giving you options.

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Download Option strategies for novice traders
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Download Option strategies for intermediate traders
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Download Option strategies for advanced traders
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Watch the video to learn more about options

FAQs

What are multi-leg option strategies?

Option traders with a more advanced approach to the markets can use multi-leg strategies to simultaneously buy or sell a series of orders with only one commission. You can use them to take advantage of increased leverage, speculate on future price movements, to earn income, to hedge a position (or your entire portfolio), or to lower the cost of purchasing a security.

What strategies do you offer?

In the IQ trading platforms, we provide 17 pre-defined strategies as well as custom orders. Each represents a different approach to the markets:

You can also learn more about custom orders in IQ Edge.

How do I trade using multi-leg option strategies at Questrade?

The first step to options trading is to ensure you have permission in your account. We provide four levels of option permissions, from level 1 (for the most basic option trading) through to level 4 (sophisticated, multi-leg strategies). You can verify your level (or change it) by logging in to Questrade. If you are opening a new account, select your option level after you indicate the type of account you’re opening.

When you have option trading permission, you’ll be able to create multi-leg orders right in IQ Edge in the order entry window.

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