Options Education Month

Options let you do more than just buy and sell stocks. With options, you can generate income, protect your portfolio, or make a move when you think a stock’s about to jump — or decline — all without needing a huge investment up front. They're flexible tools that can help you stay one step ahead — no matter where the market's headed.

Most options are linked to individual stocks, but that’s just the beginning. You can also trade options on major stock indices and ETFs. This means you’re not limited to picking single companies — you can express a view on entire sectors or the broader market. It’s a flexible way to position your portfolio for different scenarios.

When you buy an option, you’re paying for the right to buy or sell a stock at a set price in the future. When you sell an option, you’re agreeing to sell or buy that stock if the buyer decides to use their option. In simple terms, buying gives you control, and selling give you the obligation.

We provide educational resources to help you understand how options work and the strategies involved. It’s up to you to decide if options trading aligns with your investment goals and how much risk you’re willing to take on.

Options trading might feel complex, but with the right knowledge, you can make informed decisions and feel confident in your strategy. We’ll provide you with the tools and strategies to understand risk and manage it in a way that works for you, so you can trade with more confidence.

Yes. Simply sign on to your account and fill out the Margin/Options Application Form Opens a new window.. You’ll need to answer some questions about your knowledge of options and trading strategies, as well as your general investing experience. We’ll also ask you to acknowledge that you accept the risks of options trading. Not all investors are allowed to trade every kind of strategy, since some strategies involve substantial risk. Your approval level is generally based on the information you provide us about your financial situation, options knowledge and experience.