Be Prepared for Any Market Situation with

Options can be used to generate income, protect a portfolio, or for trading. An option is just what the name says - a right, but not a commitment, to buy or sell a particular asset at a specific price within a specific period of time. Generally the underlying asset is a stock, ETF or an index.

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A good move for...

  • Manage Your

    You can use put options to protect the value of your portfolio and individual stocks

  • Generating Income

    Generate income with a variety of conservative and aggressive options strategies

  • Trading Market Moves

    Options allow you to trade market moves with less cash upfront

Characteristics of Options:

Options Individual Stocks
Trade As contracts (each contract controls 100 shares) shares
Timing can expire weekly, monthly, quarterly, nine months and LEAPS -long-term options up to 39 months do not expire
Pricing Options premiums are quoted in decimal format (e.g.: $1.10) Stock prices are quoted in decimal format (e.g.: $38.50)
Strategy Various bullish, bearish, and sideway strategies Generally, bullish and bearish strategies
Settlement Next day 3 business days
Structure a contract that is traded, exercised, or expires ownership of a piece of a company

Why Choose E*TRADE for Options

  • Easy-to-use tools for new and experienced options investors
  • Best-in-class trading tools, analytics, Greeks, and multi-legged order entry on E*TRADE Pro4
  • Trade options anytime from anywhere with E*TRADE Mobile5
  • Low flat-rate pricing

Every E*TRADE customer also gets

  • FREE investing & trading education3
  • FREE independent research & analysis
  • Help & guidance when you need it

Fast Facts

Options are adaptable investment tools.

Markets move up, down and sideways, and options offer a variety of strategies to help investors and traders respond to opportunities in almost every market situation.

Get up to $600 cash credit for deposits or transfers made within 45 days of account open.
Deposit or Transfer
$25K - $99,999
$100K - $249,999
$250K and above
And open an account with $10,000 or more and receive free stock & options trades for 60 days once funds become available.
*Call us to see how you can qualify for more at 1-800-ETRADE-1

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