Rulemakers

Each exchange decides on the options it's going to list, or make available for trading. General guidelines for determining whether options will be listed for a stock are:

  • Be listed on the New York Stock Exchange (NYSE), NYSE MKT or the NASDAQ Stock Market for at least three months
  • Have at least 2,000 shareholders and 7 million outstanding shares
  • Meet the SEC's minimum average trading price for the past three months

In addition to these requirements, stocks are evaluated based on their volatility, volume of trading, the company's history and management, and, more subjectively, on whether the exchange believes there is investor demand for the option.

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.