Upbeat music plays throughout
Video intro plays
Narrator: Interested in making a cash-secured put options trade? You can make options trades via the All-In-One Trade Ticket. Please note that your account must be approved for options trading before a cash-secured put trade can be made.
On-screen text appears noting the above
Narrator: To get started, select Trade, then select All-In-One Trade Ticket.
Trade is selected, followed by All-In-One Trade Ticket
Narrator: Enter the symbol for the underlying security, then under Strategy select Put.
Stock symbol PARA is entered, then Strategy is selected, followed by Put
Narrator: Select Sell to open under Action and choose the desired strike price and expiration date for the put option.
Sell to open is selected under Action and a new strike price and expiration date are chosen.
Narrator: Complete the order by selecting the order type, and if applicable, price information and timing.
Arrow points to these fields without changing their values as they have been auto-entered
Narrator: Select Review Order, check the order details for accuracy,
Review Order is selected, and the Verify Order screen appears
Narrator: and then select Place Order to submit the order.
Place order button is highlighted by a blue line
Narrator: Note: If the order is filled, the cash to "secure" the put, which is the potential purchase price of the shares if assigned, will be withheld within the account and may not be withdrawn or used for other investments.
A full-page on-screen text screen appears noting the above
Video outro plays