{"id":576141,"date":"2023-04-03T10:29:01","date_gmt":"2023-04-03T07:29:01","guid":{"rendered":"https:\/\/www.etoro.com\/?page_id=576141"},"modified":"2023-04-03T10:29:01","modified_gmt":"2023-04-03T07:29:01","slug":"draft-trading","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/en-us\/options\/uk\/draft-trading\/","title":{"rendered":"How to draft trade on eToro Options"},"content":{"rendered":"

Curious about options but not confident in your ability to trade them? Luckily, on eToro Options<\/a>, you can practice trading before you commit to open positions with real money.<\/p>\n

Log in to your account<\/b><\/h2>\n

First, log in to your eToro Options account.<\/p>\n

\"\"<\/p>\n

Choose your option<\/b><\/h2>\n

Next, search for your favorite stocks<\/a> and ETFs<\/a>, and choose which one you want to create a draft trade for.<\/p>\n

\"\"\u00a0 \u00a0\"\"<\/p>\n

You can choose between calls, puts, and spreads. If you\u2019re still learning about options, you might want to try all three \u2014\u00a0in separate draft trades \u2014\u00a0just to see how they work.<\/p>\n

\"\"<\/p>\n

Once you\u2019ve picked your option, it\u2019s time to get into the details. Choose the expiration date of the contract and the strike price that best fits your strategy.<\/p>\n

\"\"\u00a0 \u00a0\"\"<\/p>\n

You\u2019ll be presented with the prices of the available options, but don\u2019t worry \u2014 with draft trading, you won\u2019t risk any real cash.<\/p>\n

Create your draft trade<\/b><\/h2>\n

Review your option and hit the \u201cSave as draft trade\u201d button.<\/p>\n

\"\" \u00a0\"\"<\/p>\n

Once you\u2019ve saved your draft trade, you can find it on your portfolio screen. You can then wait until the expiry date to see what happens, delete your trade draft, or you can turn your draft trade into a real trade, at any time. Just hit the \u201ctap here to execute or delete\u201d button at the bottom of the screen to see your choices.<\/p>\n

\"\"<\/p>\n

To see how your draft trade is doing, you\u2019ll want to look at the P\/L section. There, you can see what you would have made or lost if your option was sold or expired at that moment. If it\u2019s positive, your option could have ended with a profit. If it\u2019s negative, well\u2026 you can always try again with more draft trades!<\/p>\n

Ready to get started? Download the eToro Options app today<\/a>.<\/p>\n

Options are complex products, involve risk and are not appropriate for all investors.\u00a0 You may lose all your invested capital.\u00a0 Please review<\/i> Characteristics and Risks of Standardized Options<\/i><\/a> prior to engaging in options trading.<\/i><\/p>\n

eToro Options offers listed US equity options trading via eToro USA Securities Inc., which is registered with the Securities and Exchange Commission and a FINRA member. <\/i>Visit our <\/i>Disclosure Library <\/i><\/a>for additional important disclosures including our <\/i>Customer Relationship Summary<\/i><\/a> and <\/i>Privacy Policy<\/i><\/a>. <\/i>FINRA Brokercheck<\/i><\/a>\u00a9 2023<\/i><\/p>\n

eToro UK clients should review<\/i> Terms and Conditions<\/i><\/a> in respect of this service.<\/i><\/p>\n

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient\u2019s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Curious about options but not confident in your ability to trade them? Luckily, on eToro Options, you can practice trading before you commit to open positions with real money. Log in to your account First, log in to your eToro Options account. Choose your option Next, search for your favorite stocks and ETFs, and choose…<\/p>\n","protected":false},"author":39,"featured_media":552359,"parent":564626,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-576141","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"How to draft trade on eToro Options<\/title>\n<meta name=\"description\" content=\"Curious about options but not confident in your ability to trade them? 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