Is there a maximum number of Options contracts I can buy on Pluang?

Pluang does not set a fixed maximum number of Options contracts you can buy in a single order — there is no platform-imposed contract cap on standard buy transactions. The real ceiling on any purchase is your available buying power: since each Options contract represents 100 shares of the underlying, the total cost (premium per share × 100 × number of contracts) must fit within your account balance, and an order requesting more than you can afford is simply rejected before it reaches the market. A second practical constraint is market liquidity — your order can only be filled against the volume genuinely available in the order book at your chosen price, so an unusually large order on a thinly traded contract may fill only partially. Selling (writing) Options works differently: short positions require margin/collateral that scales with position size, which effectively limits how many contracts you can sell. Buying Options at all first requires completing Global & Yield Asset Verification.

• Buying power, not a hard cap, is the real limit. Multiply the contract's premium by 100 (shares per contract) by the number of contracts you want — that total must be covered by the cash balance available for Options trading. There is no separate "maximum contracts" field or setting in the app; the order simply won't submit if the cost exceeds what you have available.
• Liquidity shapes how much of a large order actually fills. An Options contract only trades against real buy/sell interest in its order book. On a liquid, high-volume contract a large order usually fills quickly; on a thinly traded strike or expiry, a large order can fill partially or sit unfilled at your chosen price rather than being blocked outright.
• Buying (long) and selling (short) are not symmetric. Buying a call or put risks only the premium paid, so the only limit is what you can afford. Writing (selling) options is riskier and requires margin/collateral sized to the position, so your practical contract limit when selling is set by your available margin, not just cash on hand.
• Contract size cuts both ways. The same 100-shares-per-contract multiplier that sets the 1-contract minimum purchase also scales up quickly on the buy side — buying 10 contracts means committing to 10× the premium cost of 1 contract, so buying power is exhausted faster than the per-share price alone might suggest.
• Eligibility comes before order size. Options are only available after completing Global & Yield Asset Verification; this verification step is unrelated to contract-count limits, but it is a precondition for placing any Options order, large or small.

Related questions:

Q: Is there a minimum number of Options contracts I have to buy?
Yes — the minimum order size is 1 contract, and since each contract represents 100 shares of the underlying, the price you see per contract is effectively the per-share premium multiplied by 100. There's no separate small-order allowance below 1 contract; fractional contracts are not supported. This 100-share multiplier is also why costs scale quickly as you add contracts on either the buy or sell side.

Q: Does my account balance limit how many Options contracts I can buy?
Yes — buying power is the only real ceiling on a standard buy order. The platform checks whether your available balance covers the full cost (premium × 100 × number of contracts) before accepting the order; if it doesn't, the order is rejected rather than partially charged. There is no additional platform-set contract-count cap layered on top of this balance check. Topping up before you order is the practical fix if a large position is rejected on cost.

Q: Can a large Options order fail to fill because of low liquidity?
Yes — order size is always constrained by what's actually available in the order book at your chosen price. A large order on a thinly traded contract may execute only partially, leaving the remainder open or unfilled, rather than failing outright. This is a market-liquidity issue, not a Pluang-imposed limit, and it applies more to less-traded strikes and expiries. Splitting a large order across strikes or expiries can help it fill more completely.

Q: Is the contract limit different when I sell (write) Options instead of buying?
Yes — selling requires margin/collateral that scales with the size of the short position, so your effective contract limit when writing options is set by available margin rather than by cash needed to buy. Because short positions carry open-ended risk until closed or assigned, the margin requirement grows with position size, which caps how many contracts you can realistically sell short.

Q: Do I need to complete any verification before buying Options contracts?
Yes — Global & Yield Asset Verification is required before you can place any Options order, regardless of size. This is an eligibility gate rather than a contract-count limit: once verified, the number of contracts you can buy is governed only by your buying power and market liquidity, as described above. Verification is a one-time step, so it only affects your first Options order rather than each subsequent one.