Get robust options trading tools plus expert insight and support from Schwab for just $8.95 options commission + $0.75 per contract on single and multi-leg orders. Additional capabilities are also available from optionsXpress.
Schwab Options Expert, Randy Frederick
Follow Randy Frederick, Director of Trading and Derivatives, as he provides his perspective and outlook on the weekly activity in the options market.
Get priority access to options specialists who can help with risk analysis, hedging techniques, income generation, and technical/fundamental analysis. They can also assist you in implementing your strategies and placing complex orders.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. With long options, investors may lose 100% of funds invested. Multiple-leg options strategies will involve multiple commissions. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options.
Futures trading carries a high level of risk and is not suitable for all investors. Certain requirements must be met to trade futures. Please read the Risk Disclosure Statement for Futures and Options before considering any futures transactions.
Schwab Trading Services (formerly known as Active Trader or Active Trading services) includes access to StreetSmart® trading platforms, the Schwab Trading Community, and priority access to Schwab trading specialists. Call 888-245-6864 to request access (a Schwab brokerage account is required). Schwab reserves the right to restrict or modify access at any time.
Symbols and price and volume data shown here are for illustrative purposes only, and do not constitute a recommendation by Schwab to buy or sell a particular security.
Schwab does not recommend the use of technical analysis as a sole means of investment research.