Before its closure, Scottrade offered a simplified but functional options trading experience primarily geared toward beginner and intermediate investors. :
Standard capabilities included basic one-legged orders like buying calls or puts, and more advanced conditional or "One Cancels Other" (OCO) orders. : how to buy options on scottrade
To trade, users typically hit a "Quick Trade" button, entered the quantity, and selected the order type (often a limit order). Before its closure, Scottrade offered a simplified but
This was the primary platform for active traders. It required a frequent Java file download to run. This was the primary platform for active traders
Scottrade is and cannot be used to buy options today.
: Users viewed option chains by right-clicking a ticker and selecting "Option Chain," which showed bid, ask, volume, and open interest.
This was a more powerful desktop application meant to rival hardcore platforms from other brokers, offering advanced order entry and technical indicators.