FAQ

ThinkOrSwim

Options are contracts written up between buyers and sellers which give you the right but not the obligation to buy the shares at a specified price.

An options contract that is bought by someone in the anticipation that the underlying will move higher by the given expiration date and to the price specified in the contract.

An options contract that is bought by someone in the expectation that the stock will go down by the given expiration date and to the price that is specified in the contract.

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