How to Place Options Trades


Hi, Rob Booker here.

There have been lots of questions pouring in lately about Options trading so I wanted to put this together as a quick guide for how to place an Options trade.

Some of the questions are:

1. What type of account do I need to trade options?

There are multiple brokers you can use. Some of them include:

  • tastyworks
  • thinkorswim
  • etrade
  • tradestation, etc…

2. How do I place these type of trades?

I did a quick tutorial with tastyworks which is one of the brokerages I use.

If you want to give tastyworks a shot you can open an account here

**Also as a bonus they include several introduction to options videos that can be helpful as you explore some of these new instruments.

 

Disclaimer:  

 

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