A bit about options.
Options can be used for hedging against risk, generating income and making the most out of market moves. They also offer the flexibility of additional trading strategies beyond just buying and selling stocks. Investors can write covered calls and trade calls and puts for only $6.95 (plus $0.75 per contract). Check out our pricing and rates to see how we stack up.
If you want to trade options, your account must be approved for options trading. Just remember, even though they have potential advantages, options involve risk and aren't for every investor.
You can read an introduction to options in our Knowledge Center, and for more in-depth information, visit The Options Industry Council (OIC).