Brokerage Execution Guide
How to Place Your Covered Call
Step-by-step instructions for every major brokerage. Once StrideOptions tells you what to sell, use this guide to execute the trade in under 2 minutes.
Example Trade (from StrideOptions Scanner)
SELL TO OPEN
AAPL
$265.00
May 16, 2026
1 (= 100 sh)
In your brokerage: Sell to Open 1 AAPL May 16 2026 $265 Call — Limit order at the bid price shown in StrideOptions. You will receive the premium immediately in your account.
TD Ameritrade
thinkorswim
Robinhood
Mobile & Web
Charles Schwab
StreetSmart
Fidelity
Active Trader Pro
E*TRADE
Power E*TRADE
IBKR
Trader Workstation
Webull
Mobile & Desktop

TD Ameritrade — thinkorswim

1
Open thinkorswim and go to Trade tab
Log in to thinkorswim (desktop or mobile). Click the Trade tab at the top. Type your ticker symbol (e.g. AAPL) in the symbol box and press Enter.
2
Select the Options chain
Click on Options Chain. Find the expiry date matching your StrideOptions recommendation. Click the expiry row to expand it and see all strikes.
Tip: thinkorswim shows expiries in chronological order. Look for the month and date that matches your AI recommendation.
3
Find your strike and click the Ask price
In the CALLS column (left side), find your strike price. Click the Ask price to initiate a Sell to Open order. A dialog box will appear pre-filled with the details.
Important: Always click the ASK side (not the bid) to open a sell order. This creates a "Sell to Open" which is what you want for a covered call.
4
Set the order type to Limit at the Bid
In the order dialog: Action: Sell to Open | Quantity: 1 (per 100 shares) | Order Type: Limit | Price: set to the Bid price shown in StrideOptions. This ensures you collect at least that premium.
Pro tip: You can often get filled between bid and ask. Try setting your limit price halfway between bid and ask first.
5
Review and Confirm
Review the order summary. Verify: Sell to Open, correct ticker, correct expiry, correct strike, 1 contract. Click Confirm and Send. The premium will credit to your account when filled.
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We're recording step-by-step video guides for each platform

Robinhood

1
Enable options trading in Robinhood
First-time only: Go to Account → Settings → Options Trading and enable it. You need Level 2 options approval to sell covered calls. Robinhood will ask about your experience level.
Covered calls are a Level 2 strategy — relatively easy to get approved since you own the underlying shares.
2
Search for your stock and tap Options
Tap the search icon, type your ticker (e.g. AAPL). On the stock detail page, tap Trade → Trade Options.
3
Select Call, then choose your expiry
Tap Call at the top. Scroll through expiry dates to find the one matching your StrideOptions recommendation. Tap it to see the strike chain.
4
Select your strike price and tap Sell
Find your recommended strike price. Tap it, then tap Sell. Robinhood will automatically recognize this as a covered call since you own the shares.
Robinhood automatically detects covered calls — it will not require margin if you own 100+ shares of the stock.
5
Set limit price and confirm
Set 1 Contract, order type Limit, and set the price to the Bid shown in StrideOptions. Swipe up to confirm. Premium is credited immediately when filled.
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We're recording step-by-step video guides for each platform

Charles Schwab — StreetSmart Edge

1
Log in and go to Trade → Options
Log into schwab.com or StreetSmart Edge. Click Trade in the top nav, then select Options from the dropdown.
2
Enter symbol and select expiry
Enter your ticker symbol. Select Calls. Choose the expiration date matching your StrideOptions recommendation from the dropdown.
3
Click the Bid to sell your strike
Find your strike in the chain. Click the Bid price in the Calls column to initiate a Sell order. The trade ticket will open automatically with Sell to Open selected.
Note: Schwab merged with TD Ameritrade — if you're on the old Schwab platform you may see a slightly different interface. The steps are the same.
4
Set Limit order and review
Quantity: 1 contract. Order type: Limit. Price: set to the bid from StrideOptions. Time in force: Day. Review and click Place Order.
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We're recording step-by-step video guides for each platform

Fidelity — Active Trader Pro

1
Navigate to Options on fidelity.com
Log in to fidelity.com. Go to News & Research → Options, or use the trade ticket and select Options as the security type.
2
Open the Options Chain
Enter your ticker and click Get Chain. Select your expiration date. The chain will show calls on the left and puts on the right.
3
Click Sell on your strike
Find your strike in the Calls column. Click Sell next to it. The order ticket opens with Sell to Open pre-selected.
4
Complete the order ticket
Quantity: 1. Order type: Limit. Limit price: enter the bid price from StrideOptions. Account: select the account where you hold the shares. Click Preview Order → Place Order.
Fidelity requires you to have the shares in the same account as the options trade for covered call recognition.
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We're recording step-by-step video guides for each platform

E*TRADE — Power E*TRADE

1
Go to Trading → Options on etrade.com
Log into etrade.com. Click Trading in the top nav, then Options. Enter your ticker symbol and press Go.
2
Select expiry and find your strike
Choose your expiration date from the tabs. The chain shows calls on the left. Find your target strike price.
3
Click the Bid to sell
Click the Bid on your strike row. E*TRADE will open a trade ticket with Sell to Open pre-filled. Verify the action says Sell to Open.
4
Set limit price and place order
Contracts: 1. Price type: Limit. Enter bid price from StrideOptions. Click Preview then Place Order.
Power E*TRADE shows you the maximum profit and assignment risk right in the order preview — useful to double-check your trade.
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We're recording step-by-step video guides for each platform

Interactive Brokers — Trader Workstation

1
Open TWS and find the Option Chain
In Trader Workstation, right-click on your stock position in the portfolio. Select Trade Options, or use the Option Chain from the New Window menu.
2
Select your expiry and strike
In the Option Chain, select your expiration date tab. Find your strike. Right-click the Ask price in the Calls section.
IBKR note: Click the Ask to initiate a sell order (counterintuitive — you're selling at the ask). This creates a Sell to Open order.
3
Configure the order
Action: SELL. Qty: 1. Order type: LMT. Price: set to bid from StrideOptions. Time: DAY. Click Submit.
IBKR has the tightest spreads and best fills. You can often get filled above the bid — try limit price midpoint between bid and ask.
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We're recording step-by-step video guides for each platform

Webull

1
Search stock and tap Options
In the Webull app, search for your ticker. On the stock detail page, tap Options at the top. This opens the options chain.
2
Select Call and expiry date
Tap Call at the top. Swipe through expiry dates to find your recommended date. Tap the date to load that expiry's chain.
3
Tap your strike and select Sell
Tap your target strike price. Tap Sell. Webull will show you a trade ticket. Verify it says Sell to Open and that your account has the required shares.
4
Set limit and submit
Contracts: 1. Order type: Limit. Price: bid from StrideOptions. Tap Sell to Open → Submit Order.
Webull offers commission-free options trading — ideal for smaller accounts and frequent rolling.
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Video walkthrough coming soon
We're recording step-by-step video guides for each platform
StrideOptions is for educational purposes only. Not financial advice. Always verify order details before submitting. Options trading involves substantial risk of loss.