How Do You Buy Put Options -

You must complete an application at your brokerage—such as Fidelity , Charles Schwab , or Vanguard —disclosing your income, net worth, and investment experience.

You cannot buy options through a standard cash brokerage account without specific approval.

Brokers assign "levels." Level 1 or 2 typically allows for basic buying of calls and puts. 2. Choose Your Strategy Decide why you are buying the put: Put Option: What It Is, How It Works, and How to Trade