Your home for getting started with options trading at Schwab.
Whether you are starting out or looking to use advanced strategies, these steps can help you get more out of your options trading experience at Schwab.
1. Make sure you have an account that's approved to trade options strategies you're interested in.
New to Schwab? Open a brokerage account.
Start by opening an individual or joint brokerage account.
Apply for options approval or upgrade your level.
Log in to complete an application to apply for options approval.
Check your options approval level.
Log in to see the strategies your account is approved to trade.
2. Select a platform that best fits your needs.
Review a detailed comparison of our platforms and their options trading features below. For a full comparison, visit our Platforms Comparison page.
compare platforms
- thinkorswim® desktop
- thinkorswim® web
- thinkorswim® mobile app
- Schwab.com
- Schwab Mobile App
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Place single and multi-leg option ordersthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Options probabilities and options statisticsthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Options screenerthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Tools to see liquidity changesthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Chart indicators and studiesthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Simulated trade and portfolio risk analysisthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Fundamental analysisthinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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In-platform live chat with options specialiststhinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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Livestreamed market commentarythinkorswim® desktopthinkorswim® webthinkorswim® mobile appSchwab.comSchwab Mobile App
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thinkorswim® desktopthinkorswim® web
Make the most out of your trading on thinkorswim® with these helpful resources:
3. Get insights and education to help you keep on top of the market and your trading.
Schwab Network™: Real-time insights, every trading day.
Get analysis and interpretation of the market-livestreaming or on-demand—with Schwab Network™, brought to you by our media affiliate.
Schwab Network is brought to you by Charles Schwab Media Productions Company ("CSMPC"). CSMPC and Charles Schwab & Co., Inc. are separate but affiliated subsidiaries of The Charles Schwab Corporation. CSMPC is not a financial advisor, registered investment advisor, broker-dealer, or futures commissions merchant.
4. Get live options support when you need it.
Our options trading specialists are dedicated to using their trading experience to help you evaluate and implement your options strategies.
Have a specific question?
We're available Monday – Friday, 8:30am – 5:00pm ET, at 877-594-6324.
You can also find a consultant and chat online for additional support.
Open an account today.
Open a Schwab brokerage account online in minutes. Get specialized trading and research tools plus award-winning support.
Already a client and want to apply for options approval? Or need to upgrade?
Apply for the options approval level right for you in just a few minutes.
Have questions about options? We're here to help.
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