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Fact Sheet: OptionsFirst®

Scottrade OptionsFirst^® offers the tools and educational resources to help execute advanced options strategies.

Cost to Trade

Option orders are $7 per ticket plus $1.25 per contract on all orders up to four legs.

Fees

$0 account transfer
$0 maintenance
No volume requirements
No monthly minimums

Options Trading Strategies

OptionsFirst^® offers the capability to trade all options trading strategies including:

Buy-writes
Cash-secured puts
Collars
Credit and debit spreads
Four-legged spreads
Naked put and call writing

Online Investment Education Resources

Scottrade offers options trading education through Live Webinars, the KnowHow^® News newsletter and the Scottrade^® Online Community. The Options Industry Council (OIC) also provides education, including:

Online classes:
            • Options Basics
            • Options Pricing
            • Introduction to Spreading
Learning Tools
            • Options Glossary
            • Free Options INVESTigator Software
            • Free Options DVD
            • Options Book

Options Trading Tools

Covered Call Investigator
• Scans the market to find the highest possible premium for covered call
trades and breaks them into categories by the stock’s market cap.
Risk Viewer
            • Shows the profit/loss for positions, including multi-leg spreads.
            • Breaks down the Greeks for individual positions and overall portfolio.
            • Estimates market risk, position-by-position or portfolio-wide, to provide
              theoretical value of positions and portfolio depending on market
              performance.
            • Determines bearish, bullish or neutral based trading strategies.
            • Executes hypothetical scenarios to determine the potential for profit.
Customizable Hot List and Watch List
• Tracks the number of contracts in the market with an unlimited number
of lists.
Tools provided by The Options Industry Council (OIC)
            • Pricing Calculator
            • Strategy Screener
            • Position Simulator

Other Features

Smart Execution
            • With Point-and-Click execution, you can quickly place trades with
              accuracy and security. Easily configure your order with Smart Order
              Tickets and easily view Execution Reports to see how your order was
              filled.
Enhanced Charting.
• Customize the chart to your needs by choosing the time frame, chart
type, and upper and lower indicators.
Virtual Trading
• Watch, trade and test the market in real-time to determine entry and
exit points or evaluate different strategies before using real money.
Complex Options Strategies
• Execute advanced options strategies such as spreads, straddles,
strangles, collars and butterflies – up to four legs per spread.

OptionsFirst® Fact Sheet

Learn More

Media Kits

Learn more about Scottrade and how it helps investors take control of their financial futures in the online media kits.

Call Us At (800) 619-SAVE (7283)
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Online Help / FAQs

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Scottrade, Inc. and Scottrade Bank are separate but affiliated companies and are wholly-owned subsidiaries of Scottrade Financial Services, Inc. Brokerage products and services offered by Scottrade, Inc. - Member FINRA and SIPC. Deposit products and services offered by Scottrade Bank, Member FDIC.

Brokerage Products Not FDIC-Insured - Not Bank Guaranteed - May Lose Value.

Online market and limit stock trades are just $7 for stocks priced $1 and above.

*May 2012, Smart Money recognized Scottrade as its overall second-highest ranking broker, with the highest score for fees and commissions and banking services.

Scottrade does not charge setup, inactivity or annual maintenance fees. Applicable transaction fees still apply.

Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax, or legal, advisor for questions concerning your personal tax or financial situation.

Select investments are commission free to those using Scottrade's online platforms. Other fees and charges may apply.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. These funds’ performance will likely be significantly different than their benchmark over periods of more than one day, and their performance over time may in fact trend opposite of their benchmark. Investors should monitor these holdings, consistent with their strategies, as frequently as daily. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.

Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses may be ordered through Scottrade.com or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from a Scottrade branch office. Supporting documentation for any claims will be supplied upon request.

Market volatility, volume, and system availability may impact account access and trade execution.

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.

Scottrade® and the Scottrade® logo are the registered and unregistered trademarks of Scottrade, Inc. and its affiliates.

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