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Options Trading

When you're ready to take on options trading (it's not for beginners), you need an online options broker that will give you access to choices without bogging you down with a site that's hard to navigate or high commissions that will eat into your profits. We've made your search easy with an options broker comparison tool. It's the first step toward trading options.


Compare Options Trading

    Ally Invest
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    Ally Invest

    • Options Trading: $4.95 base + $0.65 per contract (50 cents per options contract special pricing for high-volume/high-balance traders)

    Pros:

    • Low commission for stock trades
    • No account minimums
    • Online trader network

    Our Review: (4.4) Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review... Read full review

    Open an Ally Invest account

    Fidelity
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    Fidelity

    • Options Trading: $4.95 per online trade, plus $0.65 per contract
    Pros:
    • Research reports
    • Beginner-friendly tools
    • Mobile app
    Cons:
    • Restricted platform
    Our Review: (4.4) Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere... Read full review

    Get 500 Free Trades for 2 Years

    OptionsHouse
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    OptionsHouse

    • Options Trading: $4.95 + $0.50 per contract (only one base charge per spread, straddle, or combo)
    Pros:
    • Low fees
    • Trading platform
    • Extensive options tools
    Cons:
    • Limited mutual fund selection
    • Limited in-depth research
    • Complicated for novices
    Our Review: (4.3) OptionsHouse is one of the lesser known online brokerages, but we think it deserves attention. Read our in-depth review to see if it's right for you... Read full review

    Open an OptionsHouse account

    OptionsXpress
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    OptionsXpress

    • Options Trading: $4.95 plus $0.65 per contract

    Pros:

    • Awesome interactive website
    • No fee for broker-assisted trades
    • Fantastic visual education resources

    Our Review: (4.2) Want to trade options but don't know where to start? Read our in-depth review to find out why OptionsXpress is one of the best options brokers... Read full review
    E*TRADE
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    E*TRADE

    • Options Trading: $6.95 + $0.75 per contract
      $4.95 + $0.50 per contract if you make 30+ trades a quarter
    Pros:
    • Expansive set of resources and tools
    • Easy to use website
    • Industry leader
    Cons:
    • Trade fees
    Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares... Read full review

    Get 60 Days of Commission-Free Stocks and Options Trade

    TD Ameritrade
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    TD Ameritrade

    • Options Trading: $6.95 + $0.75 per contract
    Pros:
    • Easy to Use
    • Thinkorswim Platform
    • Customer Service
    Cons:
    • Trade Fees
    Our Review: (4.2) Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review... Read full review
    Scottrade
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    Scottrade

    • Options Trading: $6.95 + $0.70 per contract
    Pros:
    • Low per trade fees
    • Physical locations
    • Easy-to-navigate website
    Cons:
    • No futures trading
    • High broker-assisted fee
    Our Review: (4.2) With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review... Read full review

    Open an Account


Articles on Options Trading

    Best Options Broker

    October 13, 2017 - Reviews
    The perfect options broker offers great service, low prices, and a user-friendly platform. Find the best options brokers to consider.

    Strangle

    November 5, 2017 - Tips
    Trading options means you predict what a stock will do. That's not an easy job. If you want a little more leverage on either side, you can use the strangle strategy. You strangle the stock on either side with an option. This gives you protection ...

    Collar Option

    November 4, 2017 - Tips
    What if you could minimize your losses on a stock? It sounds like a dream come true, right? The collar option gives you that chance. It comes at a cost, though. You'd have to maximize your profits. Is it worth it?

    Call Long

    November 2, 2017 - Tips
    You think a stock's price will increase, so you want in on that trade. What if you didn't have to fork over the entire amount of capital? What if you could pay a much smaller premium and still make money?

    Protective Put

    October 31, 2017 - Tips
    If you could have protection while investing in stocks, wouldn't you jump at the chance? That's what a protective put offers. It's not a guarantee - there can still be losses. But, with the right strategy, it can help you make the most of your ...

    Covered Call

    October 29, 2017 - Tips
    Making an extra premium while you wait for a stock to increase sounds like a dream come true. That's what a covered call does for you. It's not an exact science. There are no guaranteed profits. There are also no limits to your losses.

    Bull Call Spread

    October 28, 2017 - Tips
    When you think a stock is going to increase, it makes sense to jump in while it's low, right? What about the potential loss? Is it something you can risk? What if you could take advantage of the increase while protecting your losses?

    Options Trading

    October 16, 2017 - Tips
    Getting into options trading involves knowledge. Read this guide to learn what options mean and how you can add options to your investing portfolio.

    Options Trading Strategies

    October 14, 2017 - Tips
    Bears, bulls, calls, and puts can make your head spin. Options trading does have the tendency to get overwhelming. But breaking it down can help you understand the strategies.

    Calls and Puts

    October 10, 2017 - Tips
    Making money predicting a stock's future is possible. It's called trading options. Options help you gain leverage while using less capital.

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