Multi-Leg Options and Complex Strategies

Last updated: September 24, 2026

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.