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Interested in opening an account?

TD Ameritrade has been acquired by Charles Schwab. Now you’ll get access to thinkorswim® trading platforms and robust trading education at Schwab, along with great service, a commitment to low costs, and a wide range of wealth management and investing solutions.

Open an account at Schwab today. You can still open an account at TD Ameritrade and we’ll let you know when your account is ready to be moved in early 2024.

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Get in touch Call or visit a branch

Call us: 800-454-9272

175+ Branches Nationwide

Options Trading

A superior option for options trading

Options can be a useful tool, especially in volatile markets, allowing for greater leverage and the ability to hedge your positions and potentially generate additional income. And when you add educational resources and support from options trading specialists, innovative platforms, and straightforward pricing with no hidden fees, you'll find we offer everything traders need to trade options.

View of TD Ameritrade education offering on a tablet.

Study up. Gain confidence. Trade options.

Our free immersive education can help you hone your options trading skills and techniques. Get a taste of our articles, videos, events, and more. 
Man looking at trading platform on desktop.

24/7 support from former floor traders

Our trade desk is filled with former floor traders who offer you 24/7 support to help answer your options trading questions, and more importantly help you understand the potential benefits and risks of options trading. You can message us via in-app chat or call us at 866-839-1100 day or night.

Technology built by traders for traders

With features like Options Statistics, Options Probabilities, and the Analyze Tab, our #1 rated trading platform thinkorswim desktop1 and the thinkorswim mobile app can help position you for options trading success. We put the tools you need to make more informed options trading decisions, quickly and efficiently, all in one place.

options statistics on thinkorswim desktop

Options Statistics

Refine your options strategy with our Options Statistics tool. Look at the put-call ratio to identify the potential direction of the underlying security. Assess the IV% to determine a buying or selling strategy. And use our Sizzle Index to help identify if option activity is unusually high or low.
Options Probabilities on Laptop

Options Probabilities

Weigh the potential risk of your trade against the potential reward using our Option Probabilities tool built right in the option chain.
Analyze feature on smartphone

Analyze Tab

Our Analyze Tab allows you to see risk/reward graphs showing potential profit and loss based on “what if” scenarios so you can craft your options strategy with confidence.

Even more reasons to trade options with TD Ameritrade

  • #1 in options trading

    TD Ameritrade was ranked #1 in Options Trading, Active Trading and more in the StockBrokers.com 2022 Online Broker Review.

  • Innovative platforms

    Our trading platforms, like thinkorswim, make it easier to seize potential opportunities in an approachable setting. Watch experienced traders make their options trades and share ideas on our in-platform community forums.

  • Extensive product access

    Options trading is available on all of our platforms. Qualified investors can also use options in an IRA account, and options on futures and portfolio margin in a brokerage account.

  • No hidden fees

    Take advantage of straightforward pricing with $0 commissions on online stock, ETF, and options trades for all new and existing clients. (Applies to U.S. exchange-listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades, with no exercise or assignment fees. Service and exception fees still apply. Please review our rates and fees schedule for details.) There are no trade minimums, and access to our platforms is always free.**

Learn more about options

Get in touch Call or visit a branch

Call us: 800-454-9272

175+ Branches Nationwide

Check the background of TD Ameritrade on FINRA's BrokerCheck

  • DOW
  • NASDAQ
  • S&P 500
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Market volatility, volume and system availability may delay account access and trade executions.

Options involve risks and 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. Please read Characteristics and Risks of Standardized Options before trading options.

Supporting documentation for any claims, comparison, statistics, or other technical data will be supplied upon request. 

Waiver of NASDAQ Level II and Streaming News subscription fees applies to non-professional clients only. Access to real-time market data is conditioned on acceptance of exchange agreements. Professional access differs and subscription fees may apply. For details, see our commissions and rates.

1TD Ameritrade was evaluated against 14 other online brokers in the 2022 StockBrokers.com Online Broker Review. The firm was rated #1 in the categories "Platforms & Tools" (11 years in a row), "Desktop Trading Platform: thinkorswim®" (10 years in a row), "Active Trading" (2 years in a row), "Options Trading," "Customer Service," and "Phone Support." TD Ameritrade was also rated Best in Class (within the top 5) for "Overall Broker" (12 years in a row), "Education" (11 years in a row), "Commissions & Fees" (2 years in a row), "Offering of Investments" (8 years in a row), "Beginners" (10 years in a row), "Mobile Trading Apps" (10 years in a row), "Ease of Use" (6 years in a row), "IRA Accounts" (3 years in a row), "Futures Trading" (3 years in a row), and "Research" (11 years in a row). Read the full article.

**TD Ameritrade does not charge platform, maintenance, or inactivity fees. Commissions, service fees, and exception fees may apply. Please review our commission schedule and rates and fees schedule for details.

Past performance of a security does not guarantee future results or success.

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

TD Ameritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2023 Charles Schwab & Co., Inc. All rights reserved.