> For the complete documentation index, see [llms.txt](https://gitbook.bitopex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook.bitopex.io/product-guides/making-a-new-trade.md).
# Making a new Trade
## Step 1 - Choose your options
Located in the upper-left corner of the screen, kindly select the options asset of your preference to initiate a trade.
## Step 2 - Call or Put
Identify if you're going to be buying a call or put options trade.
## Step 3 - Set expiration date, strike price and the amount of options.
The expiration date determines the validity period of the contract, while the strike price represents the specified buying or selling level. Selecting the appropriate quantity of options enables precision in managing exposure to market fluctuations. Careful consideration of these parameters contributes to informed decision-making and potential trading success.
## Step 4 - Place the trade.
Once you are satisfied with the contract's terms and are ready to proceed, place the trade by clicking the buy button. Confirm the trade and wait for it to be executed.
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