Don’t let your stocks sit idle. Earn extra income by lending out your stocks
Here’s an opportunity for you to get potential additional income from securities you already own by participating in Firstrade’s Securities Lending Income Program.
What is the Firstrade Securities Lending Income Program?
The Securities Lending Income Program provides Firstrade clients with the opportunity to loan the stocks in their account in the securities lending market to earn extra income.
While their shares are on loan, they will be paid an income that is accrued daily and credited to their account on a monthly basis. What’s even better, the lending is happening automatically in the account, so participants don’t need to do anything further after enrolling in the program.
It’s easy to join – clients only need to enroll in the program and if there’s a demand in the market for a stock that they own, they’ll earn extra income from securities that would otherwise sit idle in their account.
Firstrade also provides a current list of in-demand stocks in the securities lending market and is available to view from Firstrade’s secure site.
How it works:
Earn extra income
You will immediately begin earning income on any shares that are loaned out. Earnings are accrued on a daily basis.
Sell at anytime
There are no restrictions on when you can sell your stock. You retain full ownership of the securities you have on loan and may sell the shares at any time.
Easy and automatic
When stocks in your account identified as in-demand by the stocks lending market, it will be loaned out automatically.
Event: Harness the Power of the Nasdaq-100 Index using Options
Join us with OptionsPlay and Nasdaq for a special half-day options education event for index options. With a speaker line-up of industry leaders in options education, you will learn the best practices for trading index options on the Nasdaq-100! See how the suite of Nasdaq-100 index options can allow you to speculate with limited risk, generate income, and hedge your portfolio against market downturns.
The topics covered will range from options basics, technical analysis, minimizing risk using vertical spreads and more! Registered users will also receive free access to OptionsPlay’s Nasdaq-100 trading reports filled with weekly trade ideas, an attendee handbook with all the slides. The event will also have a panel discussion at the end moderated by Jill Malandrino, to discuss liquidity and best practices for trading. Book your spot now and take your options trading to the next level with Nasdaq-100 options!
Agenda:
11:00 AM – 11:15 AM: Nasdaq Exchange Opening Remarks by Tanya Patwa
11:15 AM – 12:00 PM: Options Basics and Strategies by Ed Modla
12:00 PM – 12:45 PM: Minimize Risk with Vertical Options Spreads by Tony Zhang
12:45 PM – 1:30 PM: Merging Technical Analysis with Options Trading by James Chen
1:30 PM – 2:15 PM: Creating a Portfolio Hedging Strategy by Todd Gordon
2:15 PM – 3:00 PM: Panel Discussion – Liquidity, Order Entry, and Trading Best Practices – Moderated by Jill Malandrino featuring Michael Khouw and Steve Sosnick
Why you should attend:
Industry leading speakers
Improve your options knowledge
Technical analysis from professional traders
Insights from market makers and insitutuional investors
Access OptionsPlay’s Nasdaq-100 trading reports
Ask your trading and options questions
Say Hello to our biggest update yet: Firstrade 3.3.9 for Android and iOS
We're excited to announce that Firstrade version 3.3.9 for Android and iOS is here! This latest update is designed to help you trade smarter and give you more speed and flexibility in the way you trade with Firstrade.
We’re introducing changes to our trading interface that active and options traders will love, as well as improvements based on customer feedback and your most-requested features.
Android users will see major changes to the app, while iOS users who have been enjoying version 3.3 for a few months now will be able to add more customization to their account settings.
Here are some highlights:
Portfolio & Watchlist
Improved Indices
Minimize feature lets you view more holdings at once.
Redesigned Account Value Module
New pie chart and account funding shortcut makes account management a breeze. Customize your viewing experience
with the show/hide icon.
Consolidated Positions Table
See all your data in one row (including price, trade volume, day change, etc.) using horizontal scrolling and group positions alphabetically or by asset type.
New Action Menus
Contextual menus gives you fast access to research and trading
Advanced Account Settings
Skip “Preview” Order
Ability to place stock and single-leg options orders without previewing (recommended for advanced users only)
Set Default Actions
Set your preferred transaction or order type defaults for stock and single-leg options orders
Apply for Trading Privileges
Request for margin or options trading privileges right from the app.
Options Trading Reimagined
Redesigned Options Chain
View Calls, Puts and additional data points, all on the same screen.
New Risk/Reward Profile
View your potential maximum gain or loss on the order summary screen.
Close Complex Options Positions with Ease
The app now finds the correct combinations for you based on your chosen strategy – there’s no need to select each leg separately.
New Quick Edit Button
Change the quantity and net price of your open complex options orders on the fly, allowing you to skip the Review screen — so you can react instantly to market fluctuations.
If you’d like to learn more about our new app, check out these videos. Happy investing!
Top 25 Most Traded Stocks by Investors at Firstrade in September
Tesla Inc. (TSLA)
Apple Inc. (AAPL)
NVIDIA Corp. (NVDA)
Advanced Micro Devices (AMD)
Taiwan Semiconductor Mfg. Co. Ltd. (TSM)
Nio Inc (NIO)
Microsoft Corporation (MSFT)
Zoom Video Communications Inc (ZM)
Facebook Inc. (FB)
Amazon.com Inc. (AMZN)
Boeing Co. (BA)
Square Inc. (SQ)
AT&T Inc. (T)
Intel Corporation (INTC)
Carnival Corp. (CCL)
American Airlines Group (AAL)
Fastly Inc. (FSLY)
Peloton Interactive Inc. (PTON)
Nikola Corporation (NKLA)
Alibaba Group Holding Ltd. (BABA)
Exxon Mobil Corporation (XOM)
Workhorse Group Inc. (WKHS)
Beyond Meat Inc. (BYND)
Eastman Kodak Company (KODK)
Bank of America Corp. (BAC)
Trade Options with Confidence at Firstrade
Options are an important part of an investor’s toolbox, and Firstrade has partnered with OptionsPlay to give our clients access to a full suite of options analytics tools and weekly options education events for free.
Firstrade clients can access comprehensive education and analytics to help them learn and execute options with confidence. Options trading can carry a high amount of risk and the complexities can be daunting for many beginners – Firstrade aims to make it easier for investors to advance their options knowledge by teaching strategies with best practices in mind, and by providing trading reports and ideas that would work for any portfolio.
The Firstrade Options Wizard platform provides instant feedback and analysis for up to 3 different option strategies, side by side. With access to over 65 technical indicators, profit and loss simulations, 40+ complex strategies, strategy checklists and much more, this tool is a must-have for options investors of all experience levels.
Option Wizard, powered by OptionsPlay
This options strategy tool takes the complexity out of idea generation and options strategies analysis. With an interactive, easy to use user interface, investors can effortlessly compare different option strategies while adjusting for different price targets, implied volatility and expiry dates. The charting tool displays support and resistance zones, trend analysis and overbought/oversold levels and price action analysis to help you gauge the directional movement of a stock at a single glance.
Educational Webinars
Take your trading to the next level with our Bi-Weekly Educational Webinars. Join Tony Zhang, Chief Strategist at OptionsPlay and CNBC's Options Action Contributor, on Wednesdays at 4:15 PM EST to learn all options strategies, concepts and best practices. With topics ranging from Using Options to Hedge your Portfolio to Maximizing Technical Analysis for Security Selection, our educational webinars will help you get the most out of your trading! Register for the next education event here.
Weekly Market Outlook Sessions
Keeping up to date with what's happening in the markets is vital for an investor. Join us every Tuesday at 8:30 AM EST for the Weekly Market Outlook Session where Tony Zhang will catch you up to speed with the technical levels and economics that are impacting markets. We discuss the broad market overview, sector analysis, trade ideas and symbols of interest. You will also have the opportunity to ask Tony any questions you may have regarding the broader markets and trading strategies. These events are not to be missed so be sure to book your spot here.
Sign-up to get weekly trade ideas
For investors seeking income from their portfolios, options provide a unique opportunity to generate income on your equity investments through covered calls and cash secured puts. Receive OptionsPlay’s weekly optimized Covered Call and Short Put reports to understand the best income opportunities each week. Each income report will help you find the income strategy that is right for your portfolio by analyzing over 500 symbols' strike prices, expiration dates and implied volatilities. You will also receive 2 trade ideas - one bullish and one bearish, each week on Friday’s. Open an account and get access to our weekly options newsletter here.
Trade with Confidence
Whether you are a complete beginner, or an experienced options trader, we have the tools to help you learn and execute your trades with confidence. Learn how our award-winning platform can help you manage your portfolio by using options here.
Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure and the Supplement before you begin trading options.