Option trades can be placed on the mobile app and website.
Website:
Log in to your account
Go to Trading -> Options
Select a Strategy
Enter your order details
Choose the order type
Enter Net Price: When placing a spread or other complex options order, the Net Price is the single, combined price you are offering to pay or receive for the entire multileg strategy.
Select Preview, review the details, then Send Order
Mobile App:
Log in to your account
Select a stock in your account or go to Markets and search for the underlying stock symbol
Select Trade Options
Select a Strategy
Enter your order details
Choose the order type
Enter Net Price: When placing a spread or other complex options order, the Net Price is the single, combined price you are offering to pay or receive for the entire multileg strategy.
Select Preview, review the details, then Send Order
Disclosures
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Firstrade does not guarantee favorable investment outcomes, and there is always the potential to lose money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. To learn more about the risks associated with options, please read the Characteristics and Risks of Standardized Options before you begin trading options.