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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)
    • 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

    Get $200 Cash Bonus or $500 in Commission-Free Trades

    Read Review


    • Options Trading: $4.95 per online trade, plus $0.65 per contract
    • Research reports
    • Beginner-friendly tools
    • Mobile app
    • 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

    TD Ameritrade
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    TD Ameritrade

    • Options Trading: $6.95 + $0.75 per contract
    • Easy to Use
    • Thinkorswim Platform
    • Customer Service
    • 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

    Get 60 Days of Commission-Free Trading

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    • Options Trading: $6.95 + $0.75 per contract
      $4.95 + $0.50 per contract if you make 30+ trades a quarter
    • Expansive set of resources and tools
    • Easy to use website
    • Industry leader
    • 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 up to 500 Commission-Free Trades

    Read Review


    • Options Trading: $6.95 + $0.70 per contract
    • Low per trade fees
    • Physical locations
    • Easy-to-navigate website
    • 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 best options broker offers great service, low prices, and a user-friendly trading platform. Find the top options brokers to consider.

    How to Trade Options

    Trading options is complex, but could be highly profitable. Educate yourself with this options trading tutorial for a simple introduction.

    Implied Volatility

    February 9, 2018 - Tips
    Wouldn't it be nice if someone could tell you which options to trade? If you had a crystal ball that showed you how an option would perform?

    Iron Condor

    February 2, 2018 - Tips
    What if you could limit your losses while predicting your profits? It sounds too good to be true. It's possible with the iron condor, though.

    Butterfly Spread

    January 26, 2018 - Tips
    Predicting a stock's future can be a profitable investment. It can also lead to tremendous loss. Wouldn't it be nice if you could limit your losses? It may be possible with the butterfly call spread.


    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. It can be ...

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