Descriptive Transcript
Upbeat music plays throughout
Video intro plays
Narrator: Interested in making a protective put options trade? You can make options trades via the All-In-One Trade Ticket. Since a protective put involves buying a put on a security that you hold shares of, be sure you've selected the account that holds the underlying equity shares before purchasing the puts.
On-screen text appears noting the above
Narrator: Please note that your account must be approved for options trading before a protective put trade can be made.
Another On-screen text screen appears noting the above
Narrator: To get started, select Trade, then select All-In-One Trade Ticket.
Trade is selected, followed by All-In-One Trade Ticket
Narrator: Enter the symbol for the security that you hold shares of, then under Strategy select Put.
Stock symbol HPE is entered, then Strategy is selected, followed by Put
Narrator: Select Buy under Action and choose the desired strike price and expiration date for the put option.
Buy to open is selected under Action and a new strike price and expiration date are chosen.
Narrator: Complete the order by selecting the order type, and if applicable, price information and timing.
Arrow points to these fields without changing their values as they have been auto-entered
Narrator: Select Review Order, check the order details for accuracy,
Review Order is selected, and the Verify Order screen appears
Narrator: and then select Place Order to submit your order.
Place order button is highlighted by a blue line
Video outro plays