How can I find out which stocks also trade as options?

By Casey Murphy AAA
A:

The trading of options has become increasingly popular among retail investors as they become aware of the many different ways that options can be used to generate large profits. The interesting thing about option strategies is that investors can use them in all types of market conditions; the primary question becomes which securities should be used when implementing a certain strategy.

As the question suggests, many beginner option traders quickly discover that not all stocks have an option chain associated with them. This means that there may be no options available to buy or sell on a certain stock, and it leaves the investor no choice but to buy or sell the stock on the market if he or she wishes to get exposure to a given company. (To learn more about this subject, see What requirements must a company meet before exchanges will allow options on the company to be traded?)

The easiest way to find out which stocks do have options is to visit the websites of the exchanges where the majority of equity options are traded. These exchanges are the Chicago Board Options Exchange (CBOE), American Stock Exchange, Boston Options Exchange and the NYSE Arca (formerly the Pacific Exchange). The website of each of the exchanges mentioned has a directory of the options that are available for trading on that given exchange. For example, you can click here to go to the symbol directory for options listed on the CBOE.

To learn more about options, check out the Options Basics Tutorial.

RELATED FAQS

  1. How risky is a straddle?

    Learn how options traders use long and short straddles to potentially profit from a market regardless of the direction of ...
  2. Do options make more sense during bull or bear markets?

    Understand how options may be used in both bullish and bearish markets, and learn the basics of options pricing and certain ...
  3. Where can I find out about upcoming stock splits?

    Learn what a stock split is, how it is accounted for and where to find upcoming information about stock splits on the Internet.
  4. Does the buyer or the seller control a call option?

    Buy call options and maintain control over the price you pay and when to buy a given stock. Learn how to maintain control ...
RELATED TERMS
  1. Catastrophe Equity Put (CatEPut)

    Catastrophe equity puts are used to ensure that insurance companies ...
  2. Open Trade Equity (OTE)

    Open trade equity (OTE) is the equity in an open futures contract.
  3. Multibank Holding Company

    A company that owns or controls two or more banks. Mutlibank ...
  4. Short Put

    A type of strategy regarding a put option, which is a contract ...
  5. Wingspread

    To maximize potential returns for certain levels of risk (while ...
  6. Volatility Smile

    A u-shaped pattern that develops when an option’s implied volatility ...

You May Also Like

Related Articles
  1. Options & Futures

    Trade Covered Calls On High Dividend ...

  2. Mutual Funds & ETFs

    How do I invest or trade market indicators?

  3. Options & Futures

    Trading Volatility? Don’t Trade Stocks, ...

  4. Technical Indicators

    Strategies To Trade Volatility Effectively ...

  5. Trading Strategies

    Top Day Trading Instruments

Trading Center