This demo shows you how to create a single leg options order on the TD Ameritrade Mobile
app for iPhone.
To start, tap the Trade tab in the bottom bar.
Then, tap Options to switch from stocks to options.
To find a security to trade, tap recently viewed symbol, or search for a symbol by tapping
the search bar and then typing a symbol or company name.
When you find what you want to trade, tap the symbol.
This loads the market data for the symbol, including the current bid, ask, and net change
of the underlying security you're trading.
Tap View Option Chain to open the option chain.
The middle column displays the strike price.
The columns on the left show the bid and ask prices for call options, while the columns
on the right show the prices for put options.
Swipe left anywhere on the option chain to view additional data about the options contract,
such as volume and open interest.
To customize the columns, tap the gear icon above the option chain.
To make a hidden column visible, tap the plus sign next to the column.
To hide a visible column, tap the minus sign.
Rearrange the columns by tapping and dragging the bar icon next to each column.
When you're finished, tap Done to save changes and return to the option chain.
To place an order to buy or sell an option, tap the bid or ask price to open the trade
ticket.
To specify the number of contracts, either tap Contracts to enter the number manually,
or use the up or down arrow to select it..
The Trade ticket provides a default price for limit orders.
To change the price, tap Price to enter a new amount manually or use the up or down
arrow to select one.
Finally, you have the ability to change your order type or select an expiration date if
desired.
To change the order type from a limit order, tap Order Type, then tap Market, Stop Market,
or Stop Limit order from the scrollable menu.
You can change the expiration from this same menu.
If you change the expiration from Day to GTC, an additional Date field appears.
Tap it to choose your order expiration date.
Below the order, you can view the estimated total along with the options buying power
of your account.
When the order is complete, tap Review Order.
On the Review Order screen, you have one more chance to review before you place the trade.
You can also tap Position Quantities to see the impact of this potential trade on your
current positions.
To change your order, tap Trade at the top of the screen to return to Trade ticket.
Finally, after you review your order details and are ready to send it, tap Place Order
to submit the trade.
After the trade is submitted, you can monitor the status of it by tapping Accounts in the
bottom bar, then tapping Orders.
That's one way to place an options trade.
You can also trade an option on a stock you're watching, First, tap the watch list tab to
view a watch list.
Then tap any symbol you want to trade.
This opens the Overview page for that symbol.
To initiate a trade, tap the Trade button.
Tap Buy or Sell to open a Trade ticket.
Then, tap Options to switch to the options view, and continue with the same steps shown
previously.
Once you have open positions, you can add to, reduce, or close them.
To do so, tap the Accounts tab, then tap Positions.
From here, tap any of your options positions to open an action sheet.
Then you can tap Close the position, Add to the position, or Reduce the position.
Each of these opens the Trade ticket where you can complete the action.
As you've seen, there's more than one way to place a trade on single leg options
on the TD Ameritrade Mobile app for iPhone and you're now ready to try it yourself.