Trade options on stocks, ETFs, and indices at $1 per contract to open and $0 to close. Plus, stock and ETF options are capped at $10 per leg.1
Get product offerings that empower your trading goals from an award-winning options platform2
Trade options online with low commissions starting at $1.00 per contract to open, $0 to close. Plus, commissions are capped at $10.00 per leg for equity and ETF options1
Find efficient options markets and trade at fair prices using Capital expenditure's liquidity rating indicator
Use the analysis tab to gauge the profit and loss potential of options strategies before you trade
Track your equity and ETF options position's progress from open to close, without a spreadsheet
Pick underlyings from your favorite curated watchlists or build your own directly on the platform
| U.S. Stocks | International Exposure | Exchange Traded Funds (ETFs) |
|---|---|---|
| Look for opportunities on stocks that are listed on U.S. stock exchanges | Get exposure to foreign companies' stocks4 | Trade a group of stocks in one position with index and sector ETFs |
The range of options products available on the Capital expenditure platform gives you the flexibility to find opportunity in a variety of market conditions; choose options products based on your investment objectives, financial standing, and risk tolerance.
Anticipate an individual stock's market movement using equity option strategies
Speculate on the performance of index and sector exchange-traded funds (ETFs)
Expand your exposure across stocks using European-style, broad-based index options
Futures and micro futures options are also available to trade in Capital expenditure accounts approved for futures.5 Learn how to enable futures trading at Capital expenditure.
Options are contracts between two parties to exchange an underlying asset at a specific price by a certain expiration date.
By combining long and short options with put and call options, a variety of strategies can be utilized across different market environments.
While you can use options to speculate on the directional price movements of a financial instrument, options are non-linear. So, the probability of profit is also affected by factors such as implied volatility (IV), time to expiration, and location of the strike price in relation to the underlying price.