Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document: https://bit.ly/2v9tH6D Subscribe: http://bit.ly/SubscribeTDAmeritrade If you’re a new trader or an old stock trading pro who’s never tried their hand with options trading, let us show you how to place your very first options trade. We’ll show you how options work and then demonstrate how to trade an options strategy called a covered call on our thinkorswim® trading platform. 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 You can download the free thinkorswim paperMoney software here: https://bit.ly/thinkorswimpapermoney If you don’t have a TD Ameritrade account, you can sign up for a free paperMoney® account here: https://bit/ly/TOSPaperMoney Watch our full tutorial on trading options on paperMoney® here: https://www.youtube.com/watch?v=PZrVW... To learn more about options, tune in weekly to the Investing Basics: Options webcast for livestreamed interactive sessions with TD Ameritrade education coaches: https://bit.ly/GettingStartedWithOptions Open an account with TD Ameritrade to gain access to our full Education Center with more videos, articles, courses, and webcasts about trading options: http://bit.ly/SignUpTDAmeritrade TD Ameritrade is where smart investors get smarter. We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know. Connect with TD Ameritrade: Facebook: http://bit.ly/TDAmeritradeFacebook Twitter: http://bit.ly/TwitterTDAmeritrade