TLDR; No, not enough. Here's why, 1. Time works against you. Theta. Options premiums (Price you pay) = Intrinsic value (ITM Calls/Put Strike Price with Stock price) + Extrinsic value (Price of time). Option contracts extrinsic value depreciates significantly in the last 30 days. The cause of it is due to the fact that as the contract nears the expiration date. The probability of any stock movement towards your favour depletes exponentially . Hence, it has less value as people aren't willing to take the risk. 1. ITM plays are expensive. BUT safe . If you purchase a contract that is already in your favour since day one a.k.a ITM contracts, Naturally it'll be more costly. A share in SPY right now is $292. Lets say, an Ask strike price of $290 SPY Call 7/17, expiration in 67 days. Option is priced at USD 14.50. A single contract would cost USD 1450. Considering all greeks. You need SPY to hit $304.50 by expiration for you to breakeven. Thats a 4.19% share movement over 67 days. Implied volatility is 31.5%. In high volatility times like these, anything can happen. ! 2. OTM plays are cheap. But way more riskier. OTM plays require HUGE amount of stock movement if your favour inorder for you to breakeven. Take another example Ask strike price of $294 SPY Call 7/17, expiration in 67 days. Option is priced at USD 11.99. A single contract would cost USD 1199. Considering all greeks. You need SPY to hit $306 by expiration for you to breakeven. Thats a 4.68% share movement over 67 days. Implied volatility is 31.5%. Doesn't seem too shabby right? just a 1.5% difference from an ITM call. However, if the SPY expires OTM (<$294) your contract is worthless , you have lost all your investment. The odds are stacked against you. ! 1. Option contracts are trading in USD. I believe your 2K is in SGD. You would only be able to purchase one contract. And if risking your whole entire portfolio on a single trade seems find to you. You will really need to reasses your risk management!! If everything seems like greek to you, pun intended hahah, I suggest you do more research, learn more, build your capital, hop on to reddit options page and see what people are doing and the responses. Here are some useful videos! https://www.youtube.com/playlist?list=PLPVve34yolHY43YaBegHMzN9WjrTnQfFr https://www.youtube.com/watchv=HCcF7XbXEWo&list=PLPVve34yolHYp18r6vDmL8bK2R-OyXzCu I would suggest you use the money to day trade stocks that open during premarket hours. If you are hell bent on trading options, I would suggest using tastyworks brokerage. (As seen in the pictures above) The UI/UX graphical representation is extremely helpful. The comissions are USD 1 per contract on purchase. There are no fees in selling. Buying & Selling US stocks are free as well, just like robinhood. No custodian fee. No inactivity fees. DBS Remit can be used to wire money into tastyworks account. I have done it and it requires zero transaction fee. The FX rate is also extremely competitive for lumpsumps. Downside is only the fact that there is a USD 45 withdrawal fee in tastyworks. Cheers on your investing Journey!