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To trade, users typically hit a "Quick Trade" button, entered the quantity, and selected the order type (often a limit order).
: It was not considered "user-friendly" for complex strategies because it did not provide visual profit/loss diagrams. Order Execution :
: Users viewed option chains by right-clicking a ticker and selecting "Option Chain," which showed bid, ask, volume, and open interest.
This was a more powerful desktop application meant to rival hardcore platforms from other brokers, offering advanced order entry and technical indicators.
Scottrade is and cannot be used to buy options today.
Standard capabilities included basic one-legged orders like buying calls or puts, and more advanced conditional or "One Cancels Other" (OCO) orders. :
: All former Scottrade accounts were initially transitioned to TD Ameritrade, which was subsequently acquired by Charles Schwab .