How to Trade Options for Beginners: Covered Calls on thinkorswim®

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document: https://bit.ly/2v9tH6D

If you're a new option trader or a seasoned veteran, let us show you how to place a covered call trade on the thinkorswim® trading platform. We'll first show you what options are and how they work and then demonstrate how to enter an options strategy called a covered call on thinkorswim.

Schwab clients can log in and access the thinkorswim® platform here:  https://www.schwab.com/getthinkorswim
Not a Schwab client? Learn more about the thinkorswim® platform: https://www.schwab.com/thinkorswim

0:00-1:09 Introduction
1:10-6:48 What is an option?
6:49-8:25 How are options priced?
8:26-12:11 What is a covered call?
12:12-30:16 Placing your first options trade
30:17-46:02 Managing your options trades

All corporate names and market data shown are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. 

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