How to Write option on Etrade

Step 1. Click trading and type you SYMBOL. Then click on the symbol.

 

Step 2. Choose an expiration date. Usually 30 days out and on the 3rd friday of every month is most popular and best value.

Step 3. choose a strike price (this is the price you promise to buy 100 shares of the stock at)
Then make sure you click on the bid to sell not the ask. You want to "SELL to open" do not buy to open!

As a beginner please choose a strike near or lower than the stock price. In this example BNTX is worth $239.82. So any strike price below $237.5 is a good choice. In this example, we will promise to buy 100 shares of $237.5 by June 21st. We will receive about $1050 for this trade.

 

How to check or cancel order?

you already know