Learn how to read a stock option quote so you can understand the specific terms and conditions of the option contract very quickly. There are five parts of a standard stock options quote: stock symbol, expiration date, strike price, type, and premium.
Watch this video to learn more.
Did You Know?
If you think option trading can be a bit tricky to grasp, you’re not alone. There are plenty of communities that bring option traders together to discuss things like current market outlook and option trading strategies.
Learn more about Ally Invest
Ally Invest offers products tailored to customers who prefer to manage their own trading as well as those who prefer a hands-off investing. Just remember, all investing involves risk, including loss of principal. Ally Invest products are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. Here are 8 things to know before you trade.