Narrator: Looking to access options chains within Schwab Mobile? To get started, navigate to Markets and tap on the search icon to look up the name of the security you'd like to track.
Markets is tapped, then the search icon. A security is typed in.
Narrator: Then, select Options Chain.
Options Chain is selected
Narrator: From here, you can view the available options contracts for the security you searched for. Next, select the expiration date of the option. You'll then be able to see the details for each option in the table displayed.
Expiration date is selected
Narrator: The strike price can be found in the center column of the table. The column directly to the left of the strikes will display Calls, while the column on the right will display Puts. Contracts that are in the money will be highlighted blue. Additional details for each contract can be found by swiping left on the table.
In the money contracts highlighted
Narrator: If you see a contract that you'd like to trade, select it from the table.
Contract is selected
Narrator: This will redirect you to the Trade tab where you'll be able to place a trade for the option contract you've selected. If you'd like to place the trade, complete the order form by entering your desired Quantity and Order Type. Keep in mind that most option contracts represent 100 shares of the underlying security. When you're done, tap on Review Order.
Trade ticket is filled out, then Review Order is tapped
Narrator: If everything looks correct, tap on Place Order to place your trade.
Place Order is tapped
Video outro plays
Learn how to use options chains to easily view option prices & place option trades on the Schwab Mobile app.