Options Trading

Want options? Look no further.

Options trading has never been more convenient. With an options-approved TD AMERITRADE account, you can pursue a wide range of options trading strategies with speed and ease. We deliver the support, information and structure that quickly let you spot potential opportunities and act on them fast.

Open an options-approved trading account | TD AMERITRADE
 
 
 
 
See Also...
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    Get information on stocks from independent third-party industry leaders.

  • Stock Options

    Get a list of options on a particular stock.

 
 
 

Options 360™ – a powerful analysis and trading tool

Find, analyze and trade options with Options 360™. Use the profit and loss graph to see a position you're considering, or view the entire options market with a heat map. Options 360 also provides integrated trading with lists and positions. Please note: Access to Options 360 requires your acceptance of the exchange agreements. Options trading available in options-approved accounts only.

Low commissions

Pay just $9.99 plus $0.75 per contract for Internet options trades at TD AMERITRADE*. Options exercises and assignments will incur a $19.99 commission.

Fast, flexible order entry

Place two-legged online options orders from a single screen, or prepopulate an order ticket directly from a spread chain. Please note: Two-legged options transactions will incur contract fees on each leg, which may impact any potential return.

Risk/Reward calculations before and after the trade

Our real-time theoretical option price sensitivity measures (Greeks), provides risk metrics, allowing you to compare your positions. The options exposure view aggregates Greeks in your account by individual options position, their underlying stocks or across your entire options portfolio.

Trade Triggers™ for options

Trade even while you're away using Trade Triggers.** Set options, stock or index conditions to trigger an options or stock order. Use the powerful options time value trigger condition, which tracks relative value even as conditions like time and prices fluctuate.

Powerful order routing

When you enter an order, use our sophisticated order-routing system for increased market efficiency across exchanges. For more control, you can also use direct routing to send your options orders to the exchange of your choice: ISEX, CBOE, PHLX, ARCA-EX (PACX), AMEX or BOSX. Some limitations apply.
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Market volatility, volume and system availability may delay account access and trade executions.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD AMERITRADE review and approval. Not all account owners will qualify. Please read  Characteristics and Risks of Standardized Options  before investing in options.

**Trades executed in multiple market lots on the same trading day are charged a single commission. Trades partially executed over multiple trading days are subject to commission charges for each trading day.

*You are responsible for all orders entered in your account when a trigger you set is activated. Please make sure you keep sufficient funds or positions in your account to support the trigger. Options trading involves risks and is not suitable for all investors. Use of Trade Triggers may increase these risks.

Options 360 is a trademark of TD AMERITRADE IP Company, Inc. Used with permission.

Offer valid for one new individual and joint options-approved TD AMERITRADE account opened by September 30, 2009 and funded within 30 days with $2,000 or more. To receive $100 bonus, account must be funded with $25,000 or more within 30 days of account open date. IRA and other tax-exempt accounts are not eligible to receive the $100 cash bonus. Limit one offer per client. Offer is not transferable and not valid with internal transfers, accounts using the Amerivest service, accounts managed by independent investment advisors and maintained by TD AMERITRADE Institutional, current TD AMERITRADE accounts or with other offers. Commission-free Internet equity or options trades will be limited to a maximum of 500. Qualified orders must execute within 30 days of account funding. Contract, exercise and assignment fees still apply. Taxes related to TD AMERITRADE offers are your responsibility. Retail values totaling $600 or more during the calendar year will be included in your consolidated Form 1099. Account must remain open with minimum funding for 9 months, or TD AMERITRADE may charge the account for the cost of the cash awarded to the account. TD AMERITRADE reserves the right to restrict or revoke this offer at any time.