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Options desk policies

Allowed options structures

See which option structures Mayospell leads with by default and which ones require extra permission or review.

Updated July 5, 2026

Default allowed structures

Mayospell leads with long premium, debit spreads, and other defined-risk structures that are easier to evaluate cleanly inside a combine and funded seat.

Restricted structures

Assignment-prone or poorly bounded short-premium structures should require stronger review and may remain blocked for many traders even after funding.

Why this matters

The options version of a prop product only feels serious if the desk rules admit that different structures carry different evaluation and capital risks.