Terms and Conditions：

1. Stock option account needs to satisfy margin requirement (cash amount for assignment) when opening a short put position, until the end of the contract or liquidation.
2. Commission free discount is exclusive to online trading and e-statement users.
3. Clients need to specify covered put when submitting order.
4. Commission of covered orders will be collected in advance and rebate to stock option account within the first 5 working days of next month.
5. Even if an option is out-of-the-money, the option may still be exercised.

Click here for Platform Interface of Covered Put

1. Corresponding stock is required in the stock option account whenever covered call position is opened.
2. Covered call can be exercised, and the stock used for cover is liquidated.
3. Commission of covered orders will be collected in advance and rebate to stock option account within the first 5 working days of next month.
4. Commission free discount is exclusive to online trading and E-statement users.
5. Even if an option is out-of-the-money, the option may still be exercised.

Disclosure and Disclaimer

Phillip Securities Group (the "Company") reserves the right to vary any promotion offers and services at anytime without further notice. In case of dispute, the decision of the Company shall be final. Investment involves risks. For more details, please refer to the Risk Disclosures Statement at www.poems.com.hk. If do not wish to receive any more messages from Phillip Securities Group, please contact our Customer Service Department at cs@philllip.com.hk or 22776555.

1. This promotion is effective from 1 April 2021.
2. This promotion is based on the amount of net asset (cash and option value only) on the settlement of last trading day. If amount of net asset exceeds HKD 1 million on last trading day, the offer will be available for next trading day.
3. VIP discount is exclusive to online trading and e-statement users.
4. Clients who are charged the new commission rate (0.18%, Min HKD16) are not eligible for this promotion.

Disclosure and Disclaimer

Phillip Securities Group (the "Company") reserves the right to vary any promotion offers and services at anytime without further notice. In case of dispute, the decision of the Company shall be final. Investment involves risks. For more details, please refer to the Risk Disclosures Statement at www.poems.com.hk. If do not wish to receive any more messages from Phillip Securities Group, please contact our Customer Service Department at cs@philllip.com.hk or 22776555.

1. 優惠期由2021年4月1日起生效。
2. 只要同一合約，以當天的總買入張數和總賣出張數釐定: 張數較小的一邊不少於另一邊的50%，即屬即日鮮，兩邊用新收費計算。
3. 佣金優惠只適用於股票期權交易，不包括行使/被行使之佣金。
4. 此優惠只適用於網上落盤及電子帳單客戶。
5. 此優惠不適用於以新網上交易佣金收費(0.18%最低HKD16)的客戶。

本公司保留更改有關條款及細則之權利，恕不另行通知。如有任何爭議，本公司擁有最終和不可推翻的決定權。
投資涉及風險，請參閱本公司www.poems.com.hk網頁內的〔風險披露聲明〕。
若 閣下欲停止接收我們的資訊，請電郵至cs@phillip.com.hk或致電 (852) 2277 6555 以聯絡客戶服務部。

條款及細則：

1. 每宗交易期權合約10張或以下，HKD 5/張； 只適用於長倉之開倉及相關之平倉。
2. 此優惠只適用於網上落盤並使用電子賬單之股票期權客戶。
3. 此優惠不適用於以新網上交易佣金收費(0.18%最低HKD16)的客戶。

本公司保留更改有關條款及細則之權利，恕不另行通知。如有任何爭議，本公司擁有最終和不可推翻的決定權。
投資涉及風險，請參閱本公司www.poems.com.hk網頁內的〔風險披露聲明〕。
若 閣下欲停止接收我們的資訊，請電郵至cs@phillip.com.hk或致電 (852) 2277 6555 以聯絡客戶服務部。

要求：期權交易平均佣金達每月$1,000或期權戶口現金達$100,000。

開戶方式：填妥「股票期權獨立客戶戶口申請表格」，把正本交回客戶經紀，由經紀簽名後代為交回金鐘總行股票期權部便可。

表格下載