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Option trading magnifies risk and can therefore magnify profits and losses. Before engaging in options trading, it's important to understand how it works. This section will help you learn about options trading hours, how to place orders, how to check or modify orders and what commissions and fees are associated with options trading. Options only trade during regular market hours. You cannot place orders for options for the pre-market or after-hours trading. The Options Order Entry page is where you begin the option order process.
You can view the status of your option order in multiple places. On the home page click Home at the top , open option orders will display under Open Orders. To modify an order, click the Modify link next to the order you want to modify on the Order Status page.
There are certain commissions associated with buying and selling options through Scottrade, as well as a fee for exercising the option. Options involve risk and are not suitable for all investors. Supporting documentation for any claims will be supplied upon request.
Consult with your tax advisor for information on how taxes may affect the outcome of these strategies. Keep in mind, profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees. Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security or account.
Such consent is effective at all times when using this site. Deposit products and services offered by TD Bank, N. Brokerage products and services offered by Scottrade, Inc. Brokerage products are not insured by the FDIC — are not deposits or other obligations of the Bank and are not guaranteed by the Bank — are subject to investment risks, including possible loss of the principal invested. All investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money.
The performance data quoted represents past performance. Past performance does not guarantee future results. The research, tools and information provided will not include every security available to the public.
Although the sources of the research tools provided on this website are believed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability or reliability of the information. Information on this website is for informational use only and should not be considered investment advice or recommendation to invest.
Scottrade does not charge setup, inactivity or annual maintenance fees. Applicable transaction fees still apply. Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation. Investors should consider the investment objectives, charges, expense, and unique risk profile of an exchange-traded fund ETF before investing.
A prospectus contains this and other information about the fund and may be obtained online or by contacting Scottrade. The prospectus should be read carefully before investing. Leveraged and inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies.
Investors should monitor these holdings, consistent with their strategies, as frequently as daily. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder or SEC 12b-1 fees.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market.
It contains information on our lending policies, interest charges, and the risks associated with margin accounts. Market volatility, volume and system availability may impact account access and trade execution. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss, in a down market.
Third-party websites, research and tools are from sources deemed reliable. Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use. Thank you for visiting Scottrade.
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If you are having difficulty accessing an area of the site, please contact us at accessibility scottrade. Search Keywords or Symbol. Open A New Account. Option Trading Option trading magnifies risk and can therefore magnify profits and losses. Options Trading Hours Options only trade during regular market hours.
Checking Order Status You can view the status of your option order in multiple places. Call Us At Unauthorized access is prohibited.More...