Understanding Options

Explore the state of the options market today with TD Ameritrade Chief Market Strategist JJ Kinahan and guests. Options are not suitable for all investors as the special risks inherent to option trading may expose investors to potentially rapid and substantial losses. Please read CHARACTERISTICS AND RISKS OF STANDARDIZED OPTIONS: http://www.optionsclearing.com/about/publications/character-risks.jsp before investing in options. Option trading privileges in your account subject to TD Ameritrade review and approval. Not all account owners will qualify. Spreads, straddles, and other multiple leg option strategies, such as butterflies and condors, can entail substantial transaction costs, including multiple commissions, which may impact any potential return. These are advanced option strategies and often involve greater risk, and more complex risk, than basic option trades. The information is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request. TD Ameritrade, Inc., member FINRA: http://www.finra.org | SIPC: http://www.sipc.org. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2018 TD Ameritrade. All rights reserved. Used with Permission