How to trade weekly stock options for not beginners

Trading Weekly Stock Options – 4 Tips You Should Know! Are you interested in learning how you can trade weekly options? Well, I have a great guide for you to help you be able to do that. However, before you do, make sure you read the tips below and then click here to access and read your FREE report. Weekly options are available on all the usual stocks and indexes, such as the S&P 500 Index (SPX), along with the major exchange-traded funds (ETFs), such as the Financial Spider Select XLF. Weekly options are also available on some of the most widely traded equities such as, includes Apple Inc. (Nasdaq: AAPL), Exxon Mobile Inc. (NYSE:XOM ), and JPMorgan Chase & Co. (NYSE: JPM). The list of stocks and futures that are traded regularly change. Information with regard to availability are listed on the CBOE web site. Trading Weekly Options Tips. Trade weekly options when you are looking for a short term movement in a financial instrument. Trading weekly options have many benefits. The options have a shorter duration than standard options which expire every 3rd Friday of the month.

Shorter dated options will cost less than longer dated options, because there is less time value which generally drives up the price of an option. You should trade weekly options when you are looking for short term movements in a market. Use weekly options to take advantage of volatility around an economic event or earnings release. Weekly options can be specifically valuable around economic data releases or earnings releases. Because you can keep your premium to a minimum, there’s probably no better way to maximize the power o leverage within the generic options arena. Trade weekly options when you need to hedge your portfolio. If you have a portfolio of stocks and options you might be able to offset some of your exposure with weekly options. You can purchase insurance or short-term protection for your stocks. Learn How To Trade Weekly Options. Free in-depth report teaching you the 9 best trading strategies. The cost will be low than standard options with more than a week to expiry. Additionally, to hedge your exposure to the market you can purchase weekly puts on the major indices to offset potential losses on your portfolio. Generate short term income by selling covered calls. You can also sell covered calls on weekly’s.

Although the income you receive will be less than a longer term option, your waiting time until expiration will be a lot shorter. Weekly Options Specifications. The Chicago Board of Options Exchange offers three different types of weekly options, along with weekly settlement data and volumeopen interest information. Some of the options they offer have morning settlements while others offer PM settlement. Weekly options are traded using American-style exercise features, which make then exercisable at any point prior to the expiration date. On expiration, the buyer has the right but not the obligation to receive the underlying instrument. Liquidity on weekly options is robust, with the average weekly volume for the new weekly options increasing above 300,000 contracts by November 2010. Your weekly options Edge. If you want to know all the ways on how to trade weekly options successfully, we have a my quick start weekly options eBook that you can download for for free. It’s time for you to stop sitting on the sidelines wishing about all the money you can make and start learning and understanding how to make money trading weekly options. We’ll show you how.

Learn How To Trade Weekly Options. Free in-depth report teaching you the 9 best trading strategies. How to trade weekly stock options for not beginners Our unique method offers alerts and trade ideas four times per month, specializing in weekly options. The primary objective is positive returns on a consistent basis. Short-term investment ideas targeting double-digit results, best in the industry for weekly options. A great majority of our newsletter trade ideas are indeed profitable. Weekly options are not easy to trade, but our proprietary spread method has been proven to work on a consistent basis. However, please understand there will be losses. Ups & downs are inevitable. However, at the end of the day, at the end of the month, our portfolios will prevail with bottom line results far greater than other slow-paced strategies. A majority of the special trade ideas here are option spreads, buying and selling credit spread and debit spreads. The goal is to maintain consistent ideas while keeping risk to a minimum. Research is the basis of each & every trade idea. Market conditions, stock valuations, option volatility, and upcoming events are just some of the focal points of the weekly research.

Expert analysis has led to excellent trading results. WEEKLY OPTIONS method. Both bullish and bearish option positions may be taken. The intention is to offer profit strategies during long broad market rallies that last months or years. This newsletter also intends to profit during sharp or dramatic downturns in the market. Some of the best trade ideas have been during tumultuous times, when the market is dropping considerably. That is often when profits tend to outperform all expectations. Bottom line: this newsletter’s primary weekly options method is to profit during up markets AND down markets. As seasoned option traders, this newsletter expertise lies in analyzing fundamental indicators, reviewing technical charts, studying historical volatility, and understanding weekly economic reports. Analyzing new information helps us predict short-term moves in individual stocks. These weekly trading strategies are now passed on to subscribers only. The best short-term trading ideas.

Expert weekly options trading alerts, proven strategies for today’s markets. Stock options, derivatives of the underlying equity, are the focus from the weekly options list. Weekly options expiration occurs each Friday of the week. Option weeklys provide an opportunity for traders and investors alike. Investors may choose to buy or sell puts to protect a stock position. Fund managers may choose to buy index options to protect their entire portfolio. Traders may choose to buy or sell weekly options based on upcoming news or earnings announcements. Determining the right option trading strategies and specific stock to target has become an integral part of this weekly investment newsletter. Choosing the best stock to trade has been a key element in this newsletters success! This is something this newsletter will excel at. One new excellent trade recommendation per week is offered.

THE BEST SHORT-TERM TRADING IDEAS & STRATEGIES. Auto-trade available through: Confidence in the best weekly options method. First trade will be profitable or receive full first month refund. How to trade weekly stock options for not beginners Weekly options have become a stalwart among options traders. Unfortunately, but predictable, most traders use them for pure speculation. But thatЂ™s okay. As most of you know, I mostly deal with high-probability options selling strategies. So, the benefit of having a new and growing market of speculators is that we have the ability to take the other side of their trade. I like to use the casino analogy. The speculators (buyers of options) are the gamblers and we (sellers of options) are the casino. And as well all know, over the long-term, the casino always wins. Why?

Ђ¦because probabilities are overwhelmingly on our side. So far, my statistical approach to weekly options has worked well. I introduced a new portfolio (we currently have 4) for Options Advantage subscribers in late February and so far the return on capital has been slightly over 25%. IЂ™m sure some of you may be asking, what are weekly options. Well, in 2005, the Chicago Board Options Exchange introduced ЂњweeklysЂќ to the public. But as you can see from the chart above, it wasnЂ™t until 2009 that the volume of the burgeoning product took off. Now ЂњweeklysЂќ have become one the most popular trading products the market has to offer. So how do I use weekly options? I start out by defining my basket of stocks. Fortunately, the search doesnЂ™t take too long considering weeklys are limited to the more highly-liquid products like SPY, QQQ, DIA and the like. My preference is to use the S&P 500 ETF, SPY. ItЂ™s a highly-liquid product and IЂ™m completely comfortable with the riskreturn SPY offers. More importantly, IЂ™m not exposed to volatility caused by unforeseen news events that can be detrimental to an individual stocksЂ™ price and in turn, my options position.

Once IЂ™ve decided on my underlying , in my case SPY, I start to take the same steps I use when selling monthly options. I monitor on a daily basis the overboughtoversold reading of SPY using a simple indicator known as RSI. And I use it over various timeframes (2), (3) and (5). This gives me a more accurate picture as to just how overbought or oversold SPY is during the short-term. Simply stated, RSI measures how overbought or oversold a stock or ETF is on a daily basis. A reading above 80 means the asset is overbought, below 20 means the asset is oversold. Again, I watch RSI on a daily basis and patiently wait for SPY to move into an extreme overboughtoversold state. Once an extreme reading hits I make a trade. It must be pointed out that just because the options I use are called Weeklys, doesnЂ™t mean I trade them on a weekly basis. Just like my other high-probability strategies I will only make trades that make sense. As always, I allow trades to come to me and not force a trade just for the sake of making a trade.

I know this may sound obvious, but other services offer trades because they promise a specific number of trades on a weekly or monthly basis. This doesnЂ™t make sense, nor is it a sustainable and more importantly, profitable approach. Okay, so letЂ™s say SPY pushes into an overbought state like the ETF did on the 2 nd of April. Once, we see a confirmation that an extreme reading has occurred we want to fade the current short-term trend because history tells us when a short-term extreme hits a short-term reprieve is right around the corner. In our case, we would use a bear call spread. A bear call spread works best when the market moves lower, but also works in a flat to slightly higher market. And this is where the casino analogy really comes into play. Remember, most of the traders using weeklys are speculators aiming for the fences. They want to take a small investment and make exponential returns. Take a look at the options chain below. I want to focus on the percentages in the far left column. Knowing that SPY is currently trading for roughly $182 I can sell options with a probability of success in excess of 85% and bring in a return of 6.9%. If I lower my probability of success I can bring in even more premium, thereby increasing my return.

It truly depends on how much risk you are willing to take. I prefer 80% or above. Take the Apr14 187 strike. It has a probability of success (Prob. OTM) of 85.97%. Those are incredible odds when you consider the speculator (the gambler) has less than a 15% chance of success. ItЂ™s a simple concept that for some reason, not many investors are aware of. One Simple System to Win Nearly 9-out-of 10 Trades. Regular investors dream about these kinds of opportunities Ђ“ but few ever believe theyЂ™re real. Like dragons, the idea of making money on nearly 9-out-10 trades seems the stuff of legendЂ¦ or if real, reserved exclusively for the marketЂ™s slickest traders. Yet, itЂ™s very real. And easily within the reach of regular investors.

You can learn all about this safe, simple method Ђ“ and the next three trades shaping up right now Ђ“ by clicking this link here. Slay your own dragon Ђ“ Go here now. . Options Basics Tutorial. Nowadays, many investors' portfolios include investments such as mutual funds, stocks and bonds. But the variety of securities you have at your disposal does not end there. Another type of security, known as options, presents a world of opportunity to sophisticated investors who understand both the practical uses and inherent risks associated with this asset class. The power of options lies in their versatility, and their ability to interact with traditional assets such as individual stocks. They enable you to adapt or adjust your position according to many market situations that may arise. For example, options can be used as an effective hedge against a declining stock market to limit downside losses. Options can be put to use for speculative purposes or to be exceedingly conservative, as you want. Using options is therefore best described as part of a larger method of investing. This functional versatility, however, does not come without its costs.

Options are complex securities and can be extremely risky if used improperly. This is why, when trading options with a broker, you'll often come across a disclaimer like the following: Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital. Options belong to the larger group of securities known as derivatives. This word has come to be associated with excessive risk taking and having the ability crash economies. That perception, however, is broadly overblown. All “derivative” means is that its price is dependent on, or derived from the price of something else. Put this way, wine is a derivative of grapes ketchup is a derivative of tomatoes. Options are derivatives of financial securities – their value depends on the price of some other asset.

That is all derivative means, and there are many different types of securities that fall under the name derivatives, including futures, forwards, swaps (of which there are many types), and mortgage backed securities. In the 2008 crisis, it was mortgage backed securities and a particular type of swap that caused trouble. Options were largely blameless. (See also: 10 Options Strategies To Know .) Properly knowing how options work, and how to use them appropriately can give you a real advantage in the market. If the speculative nature of options doesn't fit your style, no problem – you can use options without speculating. Even if you decide never to use options, however, it is important to understand how companies that you are investing in use them. Whether it is to hedge the risk of foreign-exchange transactions or to give employees ownership in the form of stock options, most multi-nationals today use options in some form or another. This tutorial will introduce you to the fundamentals of options. Keep in mind that most options traders have many years of experience, so don't expect to be an expert immediately after reading this tutorial. If you aren't familiar with how the stock market works, you might want to check out the Stock Basics tutorial first.

An Introduction To Weekly Options. In 1973, the Chicago Board Options Exchange (CBOE) introduced the standard call options that we know today. In 1977, the put option was introduced. They have proven to be extremely popular as trading volume has grown at a compound annual growth rate over 25% between 1973 and 2009. Clearly, investors understand options, are becoming more comfortable with them and are using them in a variety of strategies. Weeklys: A New Class of Option. In 2005, 32 years after introducing the call option, the CBOE began a pilot program with "weeklys" options. They behave like monthly options in every respect like, except that they only exist for eight days. They are introduced each Thursday and they expire eight days later on Friday (with adjustments for holidays). Investors who have historically enjoyed 12 monthly expirations - the third Friday of each month - now can enjoy 52 expirations per year. Investor interest in the weeklys has surged since 2009, with average daily volume at the end of 2010 exceeding 300,000 contracts.

This can be seen in the figure below: In fact, in the second half of 2010, the volume of the index weeklys increased to where they controlled between 5% and 7% of their underlying index volume at the time. Also in 2010, a popular trade emerged among retail account holders where they wrote covered calls using weeklys. What Can You Trade With Weekly Options? As of early 2011, the weeklys were available on 40 different underlying securities, including indexes and ETFs. Indexes for the weeklys that are available include: CBOE Dow Jones Industrial Average Index (DJX) Nasdaq 100 Index (NDX) S&P 100 Index (OEX) S&P 500 Index (SPX) Popular ETFs for which weeklys are available include: SPDR Gold Trust ETF (GLD) iShares MSCI Emerging Markets Index ETF(EEM) iShares Russell 2000 Index Fund (IWM) PowerShares QQQ (QQQQ) SPDR S&P 500 ETF (SPY) Financial Select Sector SPDR ETF (XLF) Many popular stocks also have weeklys available. Given the investor interest in weeklys, it is very likely the CBOE will be adding even more securities. (You can find a complete list of available weekly options here: cboe. commicroweeklysavailableweeklys. aspx) Weekly Option Strategies. For premium sellers who like to take advantage of the rapidly accelerating time-decay curve in an option's final week of its life, the weeklys are a bonanza. Now you can get paid 52 times per year instead of 12. Whether you enjoy selling naked puts and calls, covered calls, spreads, condors or any other type, they all work with weeklys like they do with the monthlies - just on a shorter time line.

The Short-Term Advantage of Weeklys. In addition, during three out of four weeks, the weeklys offer something you can't accomplish with the monthlys: The ability to make a very short-term bet on a particular news item or anticipated sudden price movement. Let's imagine it's the first week of the month and you expect XYZ stock to move because their earnings report is due out this week. While it would be possible to buy or sell the XYZ monthlies to capitalize on your theory, you would be risking three weeks of premium in the event that you're wrong and XYZ moves against you. With the weeklys, you only have to risk one week's worth of premium. This will potentially save you money if you are wrong, or give you a nice return if you are correct. (From picking the right type of stock to setting stop-losses, learn how to trade wisely, check out Day Trading Strategies For Beginners .) Although the open interest and the volume of the weeklys are large enough to produce reasonable bid-ask spreads, the open interest and volume are usually not as high as the monthly expirations. The well-known pinning action that takes place in monthlys - whereby a stock tends to gravitate toward a strike price on expiration day - does not seem to happen as much or as strongly with the weeklys. Perhaps that will change as more institutions enter the weekly market. (Understanding the real forces that move prices is part of being a good trader, see Option Spreads: Introduction .) The Downside of Weekly Options.

Because of their short duration and rapid time decay, you rarely have time to repair a trade that has moved against you by either adjusting the strikes or just waiting for some kind of mean revision in the underlying security. Although the open interest and volume are good, that is not necessarily true for every strike in the weekly series. Some strikes will have very wide spreads, and that is not good for short-term strategies. Options Trading for Beginners. Here are some articles to get started trading in options below. We also have an Options 101 course that will comprehensively train you quickly, in a practical way to start trading options. In short, don’t worry. Options are not some super mysterious thing. What you need to know is how to trade a stock. And then instead of using a stock, you use an option instead. And when trading a stock you need to use a specific system or method that is based off of price charts. Why? So you can obtain an exact entry and exit price and time.

When you can do that, then you can trade in a more business like way. Or just take the short cut and get all the info you need to start trading options online with out Options 101 course : Recent Posts. Why Do Some method Trade Better than Systems Trade? Part I. Why Do Some method Trade Better than Systems Trade? Part I Many traders can do much better as method traders than systems traders. Why? Well many traders still want “the … Ingenious Options Trading Setup Provide High Strike Accuracy. Ingenious Options Trading Setup Provide High Strike Accuracy with BOLT2 Options Trading method Once you’ve been in this game as long as I have you see things out price … Quick Options Profits with BOLT2 Options method? Quick Options Profits with BOLT2 Options method? Yes it’s a trade and when are most trades are very quick because we trading micro swing trading method. But that’s not the … All of Your Trading Problems Solved with this ONE Course? All of Your Trading Problems Solved with this ONE Course?

“Is there a training solution out there that I could just do and be done?” “I’m looking for a way … Is it Better to method Trade of Systems Trade in Options? Is it Better to method Trade of Systems Trade in Options? Well this is certainly a good question. Some of the best traders I know our method traders. And some … Why Do Some method Trade Better than Systems Trade? Part I. Why Do Some method Trade Better than Systems Trade? Part I Many traders can do much better as method traders than systems traders. Why? Well many traders still want “the … BOLT2 Cranks Out 122 Points off Google in 3 Months! BOLT2 Options Trading method Cranks Out 122 Points off Google in 3 Months! Now you have to ask yourself what happens if you run BOLT2 options trading method all year! … Ingenious Options Trading Setup Provide High Strike Accuracy.

Ingenious Options Trading Setup Provide High Strike Accuracy with BOLT2 Options Trading method Once you’ve been in this game as long as I have you see things out price … Quick Options Profits with BOLT2 Options method? Quick Options Profits with BOLT2 Options method? Yes it’s a trade and when are most trades are very quick because we trading micro swing trading method. But that’s not the … What is BOLT2? It’s a Micro Swing method where you can use the method to potentially pull cash from the options market at a high probability winning percent rate. … The NASDAQ Options Trading Guide. Equity options today are hailed as one of the most successful financial products to be introduced in modern times. Options have proven to be superior and prudent investment tools offering you, the investor, flexibility, diversification and control in protecting your portfolio or in generating additional investment income. We hope you'll find this to be a helpful guide for learning how to trade options. Understanding Options. Options are financial instruments that can be used effectively under almost every market condition and for almost every investment goal.

Among a few of the many ways, options can help you: Protect your investments against a decline in market prices Increase your income on current or new investments Buy an equity at a lower price Benefit from an equity price’s rise or fall without owning the equity or selling it outright. Benefits of Trading Options: Orderly, Efficient and Liquid Markets. Standardized option contracts allow for orderly, efficient and liquid option markets. Options are an extremely versatile investment tool. Because of their unique riskreward structure, options can be used in many combinations with other option contracts andor other financial instruments to seek profits or protection. An equity option allows investors to fix the price for a specific period of time at which an investor can purchase or sell 100 shares of an equity for a premium (price), which is only a percentage of what one would pay to own the equity outright. This allows option investors to leverage their investment power while increasing their potential reward from an equity’s price movements. Limited Risk for Buyer. Unlike other investments where the risks may have no boundaries, options trading offers a defined risk to buyers. An option buyer absolutely cannot lose more than the price of the option, the premium. Because the right to buy or sell the underlying security at a specific price expires on a given date, the option will expire worthless if the conditions for profitable exercise or sale of the option contract are not met by the expiration date. An uncovered option seller (sometimes referred to as the uncovered writer of an option), on the other hand, may face unlimited risk. This options trading guide provides an overview of characteristics of equity options and how these investments work in the following segments: Enter a company name or symbol below to view its options chain sheet: Edit Favorites. Enter up to 25 symbols separated by commas or spaces in the text box below.

These symbols will be available during your session for use on applicable pages. Customize your NASDAQ. com experience. Select the background color of your choice: Select a default target page for your quote search: Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? Please disable your ad blocker (or update your settings to ensure that javascript and cookies are enabled), so that we can continue to provide you with the first-rate market news and data you've come to expect from us. Finally, a Proven Trading System for Weekly Options That Consistently Delivers Results! Built in money management. Easy to execute trades. Enjoy the Benefits of the System. Our proven, proprietary weekly option trading system takes the guesswork out of option trading. The system only trades two days a week. If conditions are optimal and the system gives a signal to trade, a credit spread position is initiated on weekly options that expire in the next few days. These trades have the potential to make anywhere from 5% and greater weekly returns.

What is the "System," and What Can It Do for You? The System is a proprietary set of trading rules that have been tested and proven over time to provide consistent results. The System takes many different aspects into account before signaling a trade including: Market Volatility. Market Sentiment. Option Values. Market Momentum. Probability of Winning. Plus a few key components we can only reveal to our members. ​ When a Signal is given, our staff identifies the proper trade based on the System’s Rules. We then share that trade with our members.

We think you'll agree, our Track Record speaks for itself! By Subscribing to Our Service You Will Receive: All Trades Revealed by the System. Unlimited Access to Our Members Only Area. Unlimited Email Access to Our Traders If You Have Questions. Weekly Updates. 100% MONEY BACK GUARANTEE. We are so confident in our System, if there is a single losing trade in your first month of membership, we will gladly refund your membership fee! This is far and away the best system I have ever used, and I have spent several thousand dollars on others. I’ve put on 5 trades so far..all winners. Thank you!! I have tried many systems that did not work for me. Yours is truely a great program.

I have not traded it yet with money, only paper traded it. It is working out excellent! The results have been great. Looking forward to your upcoming notification emails. I have been trading this method with great results so far. I really like it. Not only is it effective, it fits my trading style in many ways, including the important mental aspects of trading. © 2016 Weekly Trading System. All Rights Reserved. Premium Services: Options Trading. Ken Trester&rsquos Maximum Options will take your trading to a more active level with low-cost, short-term trades each week. Ken&rsquos time-tested methods and easy-to-execute strategies will help you become a more savvy, confident and successful options trader. Volatility Level: Medium to high.

Trading Frequency: 3-4 trades each week. With Ken Trester&rsquos Power Options Weekly , you&rsquoll get five new Power Options Trades emailed straight to your inbox every Friday, including: the best price for each trade, the expected price volatility, your probability of profiting, and your strike price for exiting each trade. Volatility Level: Medium to high. Trading Frequency: 5 trades every Friday. John Jagerson and Wade Hansen&rsquos SlingShot Trader will help you capture options profits trading the news by using a proprietary trading platform that turns event-driven pricing inefficiencies into fast profits. Volatility Level: Medium to High. Trading Frequency: 2-4 trades each week. More On InvestorPlace: Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.

Copyright © 2017 InvestorPlace Media, LLC. All rights reserved. 9201 Corporate Blvd, Rockville, MD 20850. Power Up with Multiple Option Strategies. Trading Options Online. Scottrade provides option trading tools and comprehensive online education to support your experience level and trading goals. You can trade options from any of our platforms. Option Tools & Technology. Research your tactics with the Option Ideas tool from Recognia. Access a fully customizable option chain that offers multiple expirations in the window.

Compute potential profit and loss by analyzing scenarios to explore how prices are affected by market forces. Take Action. Enhance your ability to react to changing market conditions with a variety of option strategies available at Scottrade. The following option strategies are available on all Scottrade ® trading platforms: Income strategies: sell cash-secured puts and covered calls Growth strategies: buy puts and calls Speculative strategies: sell uncovered puts. Option Trading Support. Insight When You Need It. In addition to the support we provide for all traders, we offer specific option-related help. Options can be used for a variety of purposes. Check out a comprehensive overview. ScottradeЂ™s Active Trader Group can provide one-on-one support to active traders. Talk to your Investment Consultant for more information. A new dialog has opened, containing related content followed by a close link.

Clicking the close link will return you to the main page content. By clicking this link, you understand you will be redirected to the Option Industry Council, a third-party website operated and maintained by the Option Industry Council. Scottrade and the Option Industry Council are not affiliated. The Option Industry CouncilЂ™s website contains information that may be of interest or use to the reader. Third-party websites, research and tools are from sources deemed reliable however, Scottrade does not guarantee accuracy, completeness or timeliness of the information, is not responsible for statements, offers or products issued and makes no assurances with respect to the results to be obtained from their use. No information presented constitutes a recommendation by Scottrade or its affiliates to purchase any product or instrument discussed therein or engage in any specific method. Please research any product or service carefully before purchase. A protective put method raises the breakeven on the underlying by the amount paid for by the put. If the underlying stays above the strike price you can lose the entire premium upon expiration. Call Us At 800.619.7283 Email Customer Support Log In and Trade Local Branches. Online Brokerage quick links. Online Trading quick links. Investment Products quick links.

Contact Us quick links. Follow Us quick links. Call Us At 800.619.7283 Email Customer Support Log In and Trade 500+ Local Branches. Online Brokerage quick links. Online Trading quick links. Investment Products quick links. Contact Us quick links. Follow Us quick links. Not a recommendation. 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.

Authorized account login and access indicates customerЂ™s consent to the Brokerage Account Agreement. Such consent is effective at all times when using this site. Unauthorized access is prohibited. Scottrade, Inc. and Scottrade Investment Management, Inc. are separate entities but are affiliated subsidiaries of TD Ameritrade Holding Corporation. Scottrade Bank has merged into TD Bank, N. A. As a result of the merger, Scottrade Bank has become a trade name of TD Bank, N. A. or its affiliates. Deposit products and services offered by TD Bank, N. A. and TD Bank USA, N. A., Members FDIC. TD Bank, N. A. and TD Bank USA, N. A. and TD Ameritrade are affiliated through their parent companies. Brokerage products and services offered by Scottrade, Inc. - Member FINRA and SIPC.

Brokerage products are not insured by the FDIC Ђ” are not deposits or other obligations of the Bank and are not guaranteed by the Bank Ђ” 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. Online market and limit stock trades are just $6.95 for stocks priced $1 and above. Additional charges may apply for stocks priced under $1, mutual fund and option transactions. Detailed information on our fees can be found in the Explanation of Fees (PDF). 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. These fundsЂ™ performance will likely be significantly different than their benchmark over periods of more than one day, and their performance over time may in fact trend opposite of their benchmark. 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. 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. No-transaction-fee (NTF) funds are subject to the terms and conditions of the NTF funds program. 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. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. 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.

Hyperlinks to third-party websites contain information that may be of interest or use to the reader. 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.