Bitget has expanded its Stock+ offering with a complete set of multi‑leg options tools, launching on September 29, 2026. The upgrade adds Covered Call/Put, Vertical Spreads, Straddle, Strangle and Collar constructions, giving traders more ways to manage risk and capture volatility.

These bundled strategies are designed to lower margin demands and improve capital efficiency compared with traditional naked options. Whether you hold a position or anticipate sideways movement, the new suite provides a structured risk‑reward profile that aligns with diverse market views.

Multi‑Leg Options: A New Layer of Flexibility

The introduction of covered calls and puts lets investors earn premium income while retaining underlying exposure. For example, a trader owning 100 shares can sell a call above the current price, collecting a premium that offsets modest price stagnation. Conversely, a short‑stock holder may write a put to boost returns if the asset is expected to drift lower.

Vertical spreads—bull or bear—combine two options at different strikes, capping both potential loss and gain. This approach reduces the required collateral by up to 40 % versus a naked position, according to Bitget’s internal testing. The result is tighter capital use without sacrificing directional bets.

Advanced Structures for Volatility Play

Straddles and strangles enable pure volatility speculation. A straddle purchases a call and a put at the same strike, while a strangle uses out‑of‑the‑money strikes, lowering upfront cost. In the recent Q2 market, assets like AAPL and TSLA exhibited implied volatility spikes of 28 % and 32 % respectively, making these strategies attractive for traders seeking to profit from rapid price swings.

Collar strategies further protect existing positions by pairing a covered call with a protective put. This creates a bounded profit zone while limiting downside risk, a feature especially valuable during earnings season when price swings can exceed 10 %.

Market Impact and Competitive Edge

By offering a full suite of multi‑leg options, Bitget narrows the gap with traditional equities brokers that have long provided such tools. The platform’s integrated risk analytics show a 22 % improvement in capital turnover for users who adopt spread or collar tactics.

Competitors like Deribit and Binance still focus primarily on single‑leg crypto options, leaving a niche for Bitget’s Stock+ product to capture institutional and retail traders seeking sophisticated hedging without leaving the crypto ecosystem.

Conclusion

Bitget’s multi‑leg options rollout transforms Stock+ into a comprehensive risk‑management hub, blending crypto flexibility with equity‑style sophistication. Traders can now fine‑tune exposure, lower margin requirements, and capitalize on volatility—all within a single interface. Explore the new strategies on Bitget to enhance your portfolio’s resilience.