: Fill out an "Options Agreement" to prove you understand the risks.

When you buy an option, you are buying a contract, not a piece of the company. How to Trade Options? - StockTrak

: Sign up with a broker like Charles Schwab or Robinhood .

To buy options, you need to open a brokerage account, get approved for options trading, and then place an order through an options chain. Quick Steps to Your First Trade

: Pay the Premium (the price of the contract) to own the trade. 📈 Beginner's Guide: How to Start Trading Options

: Choose a stock and decide if you think it will go up ( Call ) or down ( Put ).