This was the primary platform for active traders. It required a frequent Java file download to run.
Standard capabilities included basic one-legged orders like buying calls or puts, and more advanced conditional or "One Cancels Other" (OCO) orders. :
: Users viewed option chains by right-clicking a ticker and selecting "Option Chain," which showed bid, ask, volume, and open interest. how to buy options on scottrade
: It was not considered "user-friendly" for complex strategies because it did not provide visual profit/loss diagrams. Order Execution :
: If you are a former Scottrade client, you must now use a Charles Schwab Login ID to access your migrated account and documents. Historical Review: Options Trading on Scottrade This was the primary platform for active traders
Before its closure, Scottrade offered a simplified but functional options trading experience primarily geared toward beginner and intermediate investors. :
This was a more powerful desktop application meant to rival hardcore platforms from other brokers, offering advanced order entry and technical indicators. : : Users viewed option chains by right-clicking
: All former Scottrade accounts were initially transitioned to TD Ameritrade, which was subsequently acquired by Charles Schwab .