Options Trading Online and Stock Option Trading

Two Solutions for Options Trading:

Scottrade understands that there are different types of options traders. That's why there are two types of options accounts to choose from to fit your investment style.

For Investors Wanting
to Start Trading Options

If you are a new customer, your first step is to apply for and open a Brokerage Account. Then download and sign the Options Agreement.

If you are an existing Scottrade customer who understands the basics of options trading and the risks involved, simply download and sign the Options Agreement.

For Advanced
Options Traders

If you're comfortable with spread trading and understand its benefits and risks, or you are interested in uncovered options, then OptionsFirst may be right for you. OptionsFirst is designed with advanced traders in mind and features the latest tools including virtual trading, profit and loss analysis, volatility charts and much more to help you execute complex options strategies.

Visit options.scottrade.com to learn more and see how these advanced options trading tools can help you execute your options strategies. If you have questions, contact customer support: (877) 223-3344 or optionsfirst@scottrade.com.

Low Commissions for Options Trading

Brokerage and OptionsFirst accounts each offer the same simple and straightforward pricing. You can trade market or limit option orders for $7 per ticket plus $1.25 per contract on all orders regardless of the number of legs. This applies to all option trades, regardless of trade frequency, account balance or the number of shares in a transaction.

Understanding the Risks of Trading Options

Options have a high degree of risk and are not appropriate for all investors. Please read the Options Account Agreement, Brokerage Account Agreement and Characteristics and Risks of Standardized Options carefully prior to opening an option-investing account.

New Options Traders

New to Scottrade?
Open An Account

Already a Scottrade Customer?
Download Agreement

Advanced Traders

Visit OptionsFirst

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Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

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

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, 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 are available through our trading site 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.

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 long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. 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.

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 your local 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.