Same-Day Trading Power: +227% YTD and Counting — Get in for $10! We're celebrating 44 years of helping traders win, and you can now tap into one of our most explosive services — Dynamite Day ...

How options trading works Options contracts typically represent 100 shares of an underlying asset, such as a particular stock, ETF, or other security.

In that scenario, you could benefit from buying the stock at a discount if it’s trading above the strike price. So say you buy 100 shares at $15 each by exercising your option. In the meantime ...