Compared with the relatively simple stock trading interface, placing an options order looks a bit more complex. 📒 But don’t worry — The Options Handbook has a dedicated chapter walking you through paper trading so you can go from 0 to 1 in no time. Here are the 6 details to watch out for: ▶ Detail 1: Pick your underlying asset — this could be a stock, ETF, or index. Tap the “Options” tab. ▶ Detail 2: On the options chain, switch the expiration date, and pick a contract to view the details of one specific option. ▶ Detail 3: Tap "Demo Buy" or "Demo Sell" at the bottom. Double-check the direction — don’t mix it up! ▶ Detail 4: Set contract details, such as quote type, strike price, number of contrac

I am new to options and trying to understand the concepts and also how options work on tiger brokers as mine is a small account. I heard tiger brokers settles stock options in stocks and index options in cash. I just want to understand how things work. Say, I put up a trade with following legs: BUY 1x 395.00 CALL (premium = $ 26.43) SELL 2x 385.00 CALL (premium = $ 30.50) BUY 1x 375.00 CALL (premium = $36.00) At the outset, this will be a - $ 143 (-2643+3050+3050-3600). This is a small amount. My small account can afford this.  Q1: Is only 143 taken from the account or is it only settled at expiry or when trade is closed. Q2: Any other margin requirements to put the trade on? If at expiry, the price is $ 370 (below all the strikes), then all calls are worthless and you loose $ 1

I am in the DEMO account and I set-up an options trade with 3-4 legs and I am seeing the notificaiton "The Prime Account does not currently support this trade on Tiger Trade Desktop".

I ma in the DEMO account and I set-up a 2 leg options trade for AMZN. Got notification "This symbol is not supported on Tiger Trade Desktop Demo Account".