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Simplified strategies to help you invest with confidence
At Merrill Edge
®, we understand that one of the keys to successful options trading is access to timely information that's both insightful and reliable. That's why we created
powerful tools and combined them with access to award-winning research.
Footnote 2
Why Merrill Edge for options?
- Options Strategy Builder to help you pick a stock and generate options trade ideas
- Powerful screeners to search for options from your portfolio or watchlist
- Independent research and insights specific to options from BofA Merrill Lynch Global Research
- Options chains allow you to quickly find calls and puts to trade
- Standard, mini and jumbo options are available
- Stock profiles at-a-glance by open, previous close, 52-week high/low and more
- Advanced charting by time frame, comparison features, technical indicators and more
- Customizable alerts based on price and volume changes, ratings changes, news and more
- Options education to help you trade with more confidence
$6.95
+
$0.75
per contract
Are you an active investor?
Get more insights, more capabilities and more control with Merrill Edge MarketProFootnote ® 4
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options. Please read the options disclosure document titled
"Characteristics and Risks of Standardized Options" before considering any option transaction. A separate client agreement is needed. Please note that you will also need to be pre-approved prior to implementing this strategy. You should consult a qualified tax advisor as to how trading options may affect your tax situation.
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Execute your options orders with ease
A stock option is a contract that gives one party the right to purchase or sell a stated number of shares of a stock at a specified price. The price at which the shares may be purchased or sold is known as the strike or exercise price. The right to exercise lasts for a stated period of time, which may be months or years, until the expiration date. The option expires if it is not exercised on or before the expiration date. Trading options offers potential advantages and risks.
Whatever your outlook, from bullish to neutral to bearish, Merrill Edge can help you apply your strategy. Whether you think that the price of a stock will rise or fall, you'll need access to the right tools and research to help you implement your trading ideas.
Bullish outlook
- Long calls
- Uncovered puts
- Covered calls
- Married puts
- Bull call spreads
- Bull put spreads
Bearish outlook
- Long puts
- Uncovered calls
- Bear call spreads
- Bear put spreads
Standard, mini and jumbo options let you trade contracts that are the right size for you. Mini options let you trade options on higher-priced equities in blocks of 10 shares rather than 100.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options. Please read the options disclosure document titled
"Characteristics and Risks of Standardized Options" before considering any option transaction. A separate client agreement is needed. Please note that you will also need to be pre-approved prior to implementing this strategy. You should consult a qualified tax advisor as to how trading options may affect your tax situation.
Become a smarter investor
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Getting started is as easy as 1-2-3
Open your account
Apply online and open your account in minutes. Be sure to fill out the separate client agreement to apply for options trading privileges.
Here's what you'll need.
If you need help, give us a call at 888.637.3343—24 hours a day, 7 days a week.
Fund your account
Fund your account instantly in real time from your eligible linked Bank of America bank account, and also by linking to an account at another financial institution. Or, transfer funds to your account by check, by wire transfer, or by transferring or rolling over an existing account.
4 Learn how to fund your account.
Start investing
- Use the Options Strategy Builder to quickly identify option strategies that match your risk tolerance, outlook and goals for eligible securities in your portfolio and watchlists
- Provided your options trading privileges are approved, start your search for the right contract with our powerful options screener
- Use our options chains to search available option contracts for a particular optionable security. Clear, interactive listings include all the put and call option contract details such as strike prices, premiums, open interest and volume
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options. Please read the options disclosure document titled
"Characteristics and Risks of Standardized Options" before considering any option transaction. A separate client agreement is needed. Please note that you will also need to be pre-approved prior to implementing this strategy. You should consult a qualified tax advisor as to how trading options may affect your tax situation.
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.