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Once approved, you’ll look at an "Option Chain"—a digital menu of available contracts. You need to pick three things: how to buy stock options
The price you think the stock will hit (e.g., "I think NVIDIA will hit $150"). AI responses may include mistakes
You’ll answer questions about your net worth, investment goals, and experience. You need to pick three things: The price
You’re betting the stock price will go up . A Call gives you the right to buy the stock at a set price.
Options don't last forever. They can expire in days, months, or years. The further away the date, the more expensive the option.
This is the price you pay for the contract. Note: One option contract usually controls 100 shares . If the premium is listed as $2.00, the contract will actually cost you $200. 4. Place Your Order When you’re ready, you’ll select "Buy to Open."