Why Is an Options Contract I Want Not Available on Pluang?

An options contract is not available on Pluang because Pluang only lists contracts that have been curated for adequate liquidity — you cannot select a strike price, expiry date, or underlying stock that falls outside this curated list. Pluang builds its contract list by screening for options with enough trading volume and a reasonably tight bid-ask spread; a contract that shows low liquidity is deliberately left off the list, because trading it would expose you to high slippage, meaning your order could fill far from the price you expected. This curation happens contract by contract, so a stock can appear in the underlying asset list while several of its individual strike prices or expiry dates are still missing. Pluang periodically reviews and expands the contract list as liquidity on more strikes and expiries improves, and coverage across additional US stocks and ETFs is planned going forward. If the specific contract you want is not listed today, check back periodically — availability updates do not follow a fixed schedule.

Two related factors drive whether a specific contract shows up in the Options asset list:

• Liquidity screening — Pluang curates contracts based on real trading activity in the underlying market, not on demand from Pluang users alone. A strike price or expiry with thin trading volume may simply never clear the liquidity bar.
• Slippage protection — displaying a low-liquidity contract would let users place orders that execute far from the intended price. Pluang withholds these contracts rather than show a tradable-but-risky listing.
• Per-contract, not per-stock — eligibility is evaluated separately for each strike/expiry combination, so partial coverage on a stock you already see elsewhere on Pluang (such as US Stocks) is expected and not an error.
• Options access is gated separately — even before contract-level curation applies, you need to complete Global & Yield Asset Verification to see the Options contract list at all.

Related questions:

Q: Why does Pluang limit which options contracts are available, instead of showing everything?
Pluang limits the contract list to protect users from trading options with low liquidity. A thinly traded contract has a wide bid-ask spread, so an order can execute at a price much worse than the one displayed, a problem known as slippage. Rather than list every theoretically possible strike price and expiry for every underlying stock, Pluang only surfaces contracts that have shown enough real trading volume to fill orders at a fair price.

Q: Will Pluang add more strike prices and expiry dates over time?
Yes — Pluang periodically reviews contract liquidity and expands the available list as coverage improves, and adding more underlying stocks and ETFs to the Options contract list is part of the product roadmap. There is no fixed release schedule for when a specific strike price or expiry becomes available, so the contract you want today may appear later once it meets the liquidity threshold. Checking the contract list periodically is currently the only way to know when a specific contract has been added.

Q: Can a stock be available for US Stocks but have no options contracts listed at all?
Yes. Options eligibility is curated separately from the underlying stock listing, so a stock can be fully tradable on US Stocks while having zero or only a few contracts available on Options. This happens when none of that stock's options strikes or expiries have cleared Pluang's liquidity screening yet. It is not related to your account status — it reflects the trading activity of that specific stock's options market at the time.

Q: Do I need any special verification before the Options contract list even appears?
Yes. Options is a separately gated asset class — you must complete Global & Yield Asset Verification before the Options contract list becomes visible in your Pluang app at all. This verification step is independent of the liquidity-based curation described above: it controls whether you can access Options as a product, while contract curation controls which specific strikes and expiries appear once you have access. Completing verification does not guarantee every contract you want will be listed.