7 Best U.S. Stocks for Options Trading in 2024

Focusing on a few popular U.S. stocks for option trading is a good way to improve your success rate and make more money as an options trader.

My Favorite U.S. Stocks for Trading Options

Here is a list of my personal favorite NASDAQ and NYSE stocks to trade options with.

  • Tesla (NASDAQ: TSLA)
  • Coinbase (NASDAQ: COIN)
  • Amazon (NASDAQ: AMZN)
  • Meta Platforms (NASDAQ: META)
  • Apple (NASDAQ: AAPL)
  • Lucid Group (NASDAQ: LCID)
  • AMC Theatres (NYSE: AMC)

Tesla (TSLA)

Tesla is a pioneering American company specializing in electric vehicles, energy storage, and solar panel production.

It’s regularly one of the most actively traded stocks on the NASDAQ and can be a good target for trading options.

Coinbase (COIN)

Coinbase is a leading cryptocurrency exchange platform based in San Francisco, California. COIN stock is closely correlated with Bitcoin’s price and experiences a lot of volaility whenever Bitcoin soars or crashes in price.

Coinbase stock is also heavily shorted and can pump due to a short squeeze every once in a while. That makes COIN shares a good target for trading options when cryptocurrencies are highly active.

Amazon (AMZN)

Amazon is a leading e-commerce and web services company based in Seattle, Washington. AMZN stock is one of the leading components in the NASDAQ and serves as a good stock to trade option on.

Meta Platforms (META)

Meta Platforms, formerly known as Facebook, is a social media and technology company that operates various platforms such as Facebook, Instagram, WhatsApp, and Oculus.

Apple (AAPL)

Apple Inc. is a multinational technology company that designs, develops, and sells consumer electronics, software, and online services.

Apple’s stock (Nasdaq: AAPL) is widely traded and has been a popular investment choice due to the company’s strong financials and brand recognition.

Lucid Group (LCID)

Lucid Group Inc. is an American electric vehicle manufacturer that specializes in the production of luxury electric cars.

AMC Theatres (AMC)

AMC Theatres is the largest movie theatre chain in the world with over 1,000 locations across the United States and internationally.

Finding Good Stocks for Options Trading

I look for several things when targeting an underlying stock:

  • High Trading Volume
  • Affordable Calls and Puts
  • Liquidity
  • Reasonable IV

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