Options give you the right — but not the obligation — to buy or sell an asset at a set price. Trade calls, puts, and multi-leg strategies on 5,000+ stocks and ETFs with zero commission per leg on MeyerTrust.
An option is a contract that gives the buyer the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a specified price (strike price) on or before a certain date (expiration date). The buyer pays a premium for this right.
Options are versatile instruments used for speculation, hedging, and income generation. A call option profits when the underlying asset rises above the strike price. A put option profits when the asset falls below the strike price. The maximum loss for an option buyer is always limited to the premium paid.
When you buy a call option on Apple at a $200 strike price expiring in 30 days, you're paying a premium for the right to buy 100 shares of Apple at $200 each, regardless of where the stock trades. If Apple rises to $220, your option is worth at least $20 per share ($2,000 total) — a significant return on your premium investment. If Apple stays below $200, your maximum loss is just the premium you paid.
Trade call options (right to buy) and put options (right to sell) on thousands of stocks, ETFs, and indices. Defined risk, unlimited upside potential.
Build spreads, straddles, strangles, iron condors, and other multi-leg strategies with our intuitive strategy builder. Visualize your risk/reward before placing the trade.
Monitor Delta, Gamma, Theta, Vega, and Rho in real-time for every position. Understand exactly how your portfolio responds to price, time, and volatility changes.
Unlike stocks, options let you define your maximum loss upfront. Buy options to limit your risk to the premium paid while maintaining significant upside exposure.
Access IV rank, IV percentile, and volatility surface charts to identify high-probability trading opportunities and time your entries effectively.
From basic calls and puts to advanced strategies, our education center covers everything you need to trade options confidently at any level.
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