I've had a couple of beginners ask this question, specifically, so here goes:
Go to the Stock Profile, then select Options Chain
https://pic8.co/sh/mgxa1L.png
Expand the date, then select the option you would like to Buy
https://pic8.co/sh/GSlBmq.png
This window will pop up. Click "Buy"
https://pic8.co/sh/ULaFOX.png
This will pop up at the bottom.
https://pic8.co/sh/RPhXtx.png
Remember, 1 contract is 100 shares. That is the minimum number of shares you can control.
Remember, until you know better, it is best to have 100 of the stock you are trading options with so you are "covered."
Eventually, you can play with naked calls and naked puts, but I don't suggest you start there. Like, at all.
Good luck.
I've had a couple of beginners ask this question, specifically, so here goes:
#Go to the Stock Profile, then select Options Chain
https://pic8.co/sh/mgxa1L.png
#Expand the date, then select the option you would like to Buy
https://pic8.co/sh/GSlBmq.png
#This window will pop up. Click "Buy"
https://pic8.co/sh/ULaFOX.png
This will pop up at the bottom.
https://pic8.co/sh/RPhXtx.png
Remember, 1 contract is 100 shares. That is the minimum number of shares you can control.
Remember, until you know better, it is best to have 100 of the stock you are trading options with so you are "covered."
Eventually, you can play with naked calls and naked puts, but I don't suggest you start there. Like, at all.
Good luck.
(post is archived)