What is Options Trading?

An option is a financial instrument you can buy or sell to generate additional income on the stocks you already own or to speculate on stock price movement. We understand that trading options can seem a little overwhelming for beginning investors so we've taken steps to simplify what many consider to be a very complicated investing topic. Here's how it works:

Start trading

After being approved, decide whether you want to write a covered call, or trade calls or puts.

Options Strategies

• Covered Calls
  Sell a covered call to generate income on a stock position you already own. This strategy is designed for conservative investors who are neutral to moderately bullish on a stock currently owned and are willing to sell the stock at a pre-determined price in exchange for receiving a premium for selling the call option.
• Trading Calls & Puts
  Buy calls and puts to speculate on the price of a stock. Investors can buy long call options when they feel the price of the underlying stock will increase, or buy long put options when they feel the price will decrease.