Trading Futures Options on ThinkorSwim

Today we’ll be diving into the thinkorswim platform to learn all about futures options and how to trade them. Before you even think about trading futures options, you should already have a good understanding of both standard equity options and futures already. In terms of similarities to regular equity options, a futures option gives you the right to buy or sell the underlying future at a set price, for a set amount of time. But that’s pretty much where the similarities end. Unlike equity options (which are standardized), futures options are not. Meaning they don’t necessarily all expire at the same time of day, and they may have different multipliers than one another.