(Source: thinkorswim) The put options are on the right. If you look up, you’ll see that shares of the stock closed near $46. That said, the $46 puts, expiring are going for about $4 in option premium (the bid/ask spread is $3.80 by $4.10).

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If you want to sell an option, it’s the same thing but you click on the bid price of the put option that you want to sell. And if you want sell a call option, you just click the bid price of it. Now we are going to buy this 3:15 October 15 call option a