(1) The sum of the market value of the securities entrusted by the applicant and the balance of the fund account (including the securities funds integrated into margin financing and securities lending) is less than RMB 500,000; (2) The designated dealer of Lu Yue Securities Company and has experience in participating in margin trading or financial futures trading; Or the futures company is based on land and has experience in financial futures trading; (3) Having basic knowledge of options and related tests recognized by the stock exchange; (4) The simulated trading experience of the Exchange in subscribing options; (5) Having corresponding risk tolerance; (6) Serious credit record, and options trading is prohibited or restricted by laws, regulations and the business rules of this Exchange; (7) The conditions stipulated by this Exchange shall be accompanied by business license, organization code certificate, identification materials, power of attorney, option test certificate (that is, the inspection results of China Station of this Exchange) and proof of net assets (new balance sheet with official seal or monthly balance sheet after the application period of March). Declaration Rules: (1) Transaction types include: buying position, buying position, selling position, covering position and covering position, etc. When selling options, the user fee shall be charged and the deposit shall be paid in accordance with the provisions of this Exchange. (3) Investors should hold corresponding obligation positions to buy and close positions, and the entrusted quantity exceeds the entrusted positions. (4) Investors should hold corresponding correct positions to sell and close positions, and the entrusted quantity exceeds the entrusted positions. (5) Investors shall first submit the contract marks of reserved positions, and the contract marks of their securities accounts shall be submitted when the securities of this Exchange are actually locked. The corresponding amount of reserve securities should be locked and used only for the sale of reserve securities.