Options

  • Options trading at Firstrade.

  • Integrated options chain, the fast and intuitive way to look-up options.

  • Basic single leg options order entry.

  • For advanced investors, complex options order.

  • Straddle orders are enabled for advanced investors.

Maximize Hedging With Option Strategies

Options offer a great way to hedge your account and increase your portfolio's opportunity for growth. Building option hedging strategies like spreads and straddles can help you create accelerated growth by taking advantage of market inefficiencies, as well as upside and downside risks.

Easy Option Order Entry

Pull option chains quickly and easily and take advantage of the auto-fill function for orders. You don't have to enter the strike price, symbol, and expiration date yourself—simply click, find, and execute.

Option Strategies

Build sophisticated option strategies like Spreads, Straddles, Roll Forward, Butterfly and Condor. Create accelerated growth by taking advantage of market inefficiencies, as well as upside and downside risks.

Low Commissions

Pay industry-leading low fees for your options transactions at only $0/Trade + $0/per options contract.
See our pricing >

Apply for Options Trading Privileges

The approval for options trading is not automatically granted to investors due to the complicated nature of the transactions, as well as the additional exposure to risks that options trading introduces to your account. Before you determine whether or not options trading is right for you, make sure to read our options education documents and complete our Options Application and Agreement.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Firstrade. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options before considering any option transaction.

Getting started in Options

Since there are so many available options - and so many ways to trade them - you might not know where to begin. But getting started is easier than you think, once you determine your goals. Learn more about options >