Options

Learn about options trading, from how to place your first options trade to more advanced topics.

Weekly Trader's Outlook

Stocks are mostly higher to start the New Year, yet remain on track for weekly losses as investors search for areas in the market to put fresh capital to work.

3 Stock Options Trading Stats on thinkorswim

Learn how three options statistics on thinkorswim—implied and historical volatility, the Sizzle Index, and the put/call ratio—can help traders make more informed decisions.

What Are 0DTE Options? Learn the Basics

Explore the popularity of 0DTE options trading. With increased volume comes tighter spreads but beware of market volatility. Learn about the potential risks and rewards.

Trading the VIX: Strategies for the Fear Index

Some traders use products tied to the VIX to hedge their portfolios against market declines or speculate on shifts in volatility. But trading the VIX carries significant risk.

Intro to Put Ratio Options Spreads

Discover how traders may use put ratio options spreads to pursue specific financial objectives, as well as the strategy's advantages and risks.

Box Spreads: What They Are and How to Use Them

A box spread options strategy can be a useful cash management tool when executed correctly, potentially helping traders lend or borrow money synthetically via the options market.

Unbalanced Butterfly and Strong Directional Bias

A guide to using unbalanced butterflies for traders who have a strong directional bias but want to generate income and ensure they have defined risk.

A Guide to the Covered Strangle Options Strategy

Learn how covered strangles can potentially help traders earn extra income from options and manage their stock positions during periods of sideways trading.

An Investor's Guide to Options Income ETFs

Options income ETFs offer investors a unique combination of high yields, downside cushion, and reduced volatility, but they come with risks worth considering.

Using Implied Volatility Percentiles

Learn how implied volatility (IV) percentiles can help identify when to use various options strategies. Rank volatility using IV percentiles to see if changes are normal or unusual.