Options Broker
An options broker is a financial professional or platform that facilitates the buying and selling of options contracts on behalf of traders and investors. Options brokers provide access to exchanges, research tools, educational resources, and trading platforms to help clients execute their options strategies. They may charge commissions or fees for executing trades and often provide advice on complex options strategies.
Example
An investor uses an options broker to purchase call options on a tech company’s stock, paying a commission for the trade and accessing research on the best strike price.
Key points
• Facilitates the buying and selling of options contracts for traders and investors.
• Provides access to exchanges, research tools, and trading platforms.
• Brokers charge commissions or fees and may offer advisory services for complex strategies.
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