The ETF Options page allows you to research all the options associated with an underlying ETF, if such options exist. To view option contracts on an underlying ETF, enter a symbol in the Detailed Quote box in the top right corner of your screen or on the Exchange-Traded Funds Overview page, and go to the Options tab.
Calls are listed on the left and puts are listed on the right of the Options page. The strike price for each option contract is located in the middle column between puts and calls. You can search for a specific option by selecting the month of expiration. You can also narrow your search to include only options that are in-the-money, near-the-money or out-of-the-money using the checkboxes above the options table. In-the-money options are displayed in an off-white background, near-the-money options are displayed in green and out-of-the-money options are displayed in white.
You can easily view a quote, set an alert, add the stock to your watch list or place a trade by using the buttons in the toolbar at the top of the page.
Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available at your local Scottrade branch office or from the Options Clearing Corporation at 1-888-OPTIONS or by visiting www.888options.com). All option accounts require prior approval by Scottrade. Market volatility, volume, and system availability may impact account access and trade execution. Supporting documentation for any claims will be supplied upon request.
Investors should consider the investment objectives, risks, charges, and expenses of an Exchange-Traded Fund (ETF) carefully before investing. A prospectus contains this and other information about the ETF and can be obtained from the issuer. The prospectus should be read carefully before investing.
The tools described in this article are for information purposes only and their use does not guarantee a profit. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security. Investors should fully research any security before making an investment decision.