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With the RBC Direct Investing Trading Dashboard, you can easily place options orders
Before we get started, a reminder that options orders can only be placed on accounts approved for options trading
You can request to add options trading onto your account by submitting a completed Options and Margin Agreement form
From the Trading Dashboard, search for the stock you would like to place an options order for
To do this, click the search icon at the top of the dashboard Once the search window opens, type in a symbol or company name to search for a stock 8 00:00:35, 350 --> 00:00:40,430 From the list of search results, click on the stock you would like to place an options order for
A Factsheet will open displaying a detailed quote for your selection
From the Factsheet, select the “Related Products” tab
This will display the available option classes for the stock. Select the option class in order to open the Options Chain
When the Options Chain opens in a new window, select the contract you would like to place an order for by clicking the “Trade” icon
This is the icon that has two arrows facing opposite directions
You might have also noticed this icon in a number of other places including your Watchlists, Portfolio and other widgets. You can use this icon to place an order directly from those places as well
Additional information on the options contract, including the Greeks, can be found by hovering over the information icon located beside the trade button Selecting the “Trade” icon will open an options order form in a new window
In this window, fill out the form by selecting your account, action, order type and number of contracts
Once all required fields have been filled, select “Continue”
Review your order and click “Verify”
Once you get the trade confirmation message, you can either close the window or choose “Open Order Status”
If you choose “Open Order Status”, a window will open showing the status of all the orders you’ve placed
For more tutorials on the Trading Dashboard, head over to the Investing Academy, or select “Tutorials” from the Trading Dashboard’s main menu 22
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