Options provide investors with the ability to lock in a price to buy or sell an underlying security at a specified time in the future.
The higher level of risk associated with options makes them an investment best suited for sophisticated and very knowledgeable investors. Options should only be purchased by investors who have a good understanding of how they work and how they can enhance a portfolio.
To place an option trade, select Trading from the left-hand menu and then choose Trade Options.
You can also place an options trade directly from Account Holdings, My Quote Lists and from your Watch Lists.
NOTE: You must have option trading privileges added to your CIBC Investor's Edge account prior to placing any orders. Contact a CIBC Investor's Edge Investment Representative to find out how to add option trading privileges to your account.