Options

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

Options Exercise, Assignment, and More: A Guide

This beginner's guide can help new option traders navigate the dynamics of options expiration—especially how exercise and assignment work—before initiating a trade.

Money Due: Handling Credit Spread Assignment

Early assignment is a risk of trading credit spreads. What happens when a trader's notified money is due? Learn how to take an economical approach to managing an early assignment.

Practice Options Trading on the thinkorswim Platform

Stock traders may consider options as way to generate income or speculate on the market, but it takes practice to master the complexities. Learn how to get started risk-free.

Using S&P 500 Put Options to Hedge a Downturn

Using S&P 500 put options for temporary downside portfolio protection when concerns over an event-driven sell-off are elevated.

How to Hedge in a Volatile Market

Options hedging strategies allow investors to insure against market risk, although this protection comes at a cost. Find out how to hedge with options.

Comparing Index Options and Equity Options

Index options are typically used to hedge and speculate on broad swaths of the market, while single equity options track much narrower underlying assets. Both can have a place in a trader's toolkit.

Understanding the Gamma Squeeze

A gamma squeeze occurs through a combination of retail call buying, a rally in the stock, and market makers buying stock to hedge exposure, forcing the stock price up.

Options Strategy Spotlight: Long Call vs. Bull Call Spread

With so many bullish options strategies to choose from, how do you know which is right for your next trade? We'll compare two bullish options strategies in order to assist you with the decision-making process.

Get to Know the Options Greeks

Learn how options greeks can help you evaluate the risks and rewards of options contracts.

Managing Cash-Secured Puts for Income Strategies

Cash-secured puts may generate short-term income or enable purchase of desired stocks at a favorable price. What to consider doing if the cash-secured put doesn't work out as planned.