Options

Learn about options trading, from how to place your first options trade to more advanced topics.

Intro to Put Ratio Options Spreads

Discover how traders may use put ratio options spreads to pursue specific financial objectives, as well as the strategy's advantages and risks.

Gamma Scalping: A Primer

Gamma scalping—also called delta-neutral trading—is an options strategy designed to help traders navigate pricing volatility.

Using Options Volatility Data to Research Moves

These options sentiment indicators—available on the thinkorswim platform—enable a trader to see the market's expectations for a security's potential move

Unbalanced Butterfly and Strong Directional Bias

A guide to using unbalanced butterflies for traders who have a strong directional bias but want to generate income and ensure they have defined risk.

A Guide to the Covered Strangle Options Strategy

Learn how covered strangles can potentially help traders earn extra income from options and manage their stock positions during periods of sideways trading.

Risks of Options Assignment

Before entering an options trade, traders should consider the possibility of early assignment. Learn more about assignment and how to potentially reduce risks associated with it.

An Investor's Guide to Options Income ETFs

Options income ETFs offer investors a unique combination of high yields, downside cushion, and reduced volatility, but they come with risks worth considering.

Short Straddles vs. Strangles Options Strategies

Short straddles and strangles can help traders take advantage of range-bound trading or drops in implied volatility. But advanced options strategies carry greater potential risk.

Options Trading: Covered Call Strategy Basics

Understanding how this options strategy works could help traders potentially earn income from stocks they own, but it's not without risks. Take the time to learn what's involved.

Basic Call and Put Options Strategies

Learn about fundamental options strategies like call and put options and how options-approved traders can include basic options strategies in their portfolios.