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Options on Futures Trading

Futures options are contracts that give investors the right to buy or sell a futures contract at a specific price by a specific date. Futures options allow for a greater possible return on capital as futures are leveraged.1 Plus, defined-risk options strategies can be executed to limit potential losses. Learn more about futures options trading.2

Why trade futures options with us?

Trade in any
market condition

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Build futures options strategies based on current and expected volatility and price levels

Trade with low
commissions

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Opening commission for futures options is $2.50 per contract and $0 to close3

Get near round-
the-clock access

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Experience flexibility – trade futures options around your schedule – 23 hours a day, 5 days a week

Experience
diversified Exposure

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Explore a range of futures options markets across multiple asset classes

Access greater
capital efficiency

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Get increased potential return on capital with leverage, and strategize to potentially limit losses1

Avoid PDT using
futures options

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Pattern day trading (PDT) rules do not apply to futures options unlike equity and ETF options

What Futures Options Can I Trade?

With tastyworks, you can trade a range of futures options across asset classes. Plus, you can utilize mini, micro, and Smalls futures options, which enable you to trade with less capital required.

Futures options available on the tastyworks platform:

Currency

  • /6A
  • /6B
  • /6C
  • /6E
  • /6J
  • /SFX

Interest Rates

  • /ZT
  • /ZF
  • /ZN
  • /ZB
  • /GE

Commodities

Agricultural
  • /ZC
  • /ZS
  • /ZW
Energy
  • /CL
  • /NG
Metals
  • /GC
  • /SI
  • /SPRE

Equity Indices

  • /ES (Quarterly)
  • /ES (Monday – Weekly)
  • /ES (Wednesday – Weekly)
  • /ES (Friday – Weekly)
  • /ES (EOM)
  • /MES (Quarterly)
  • /MES (Weekly)
  • /MES (EOM)
  • /NQ (Quarterly)
  • /NQ (Friday – Weekly)
  • /MNQ (Quarterly)
  • /MNQ (Friday – Weekly)
  • /MNQ (EOM)
  • /RTY (Quarterly)
  • /RTY (Friday – Weekly)

See the specifications of these futures options

Trade Futures Options With Low Commission Fees

Trade futures options at low commissions on an award-winning platform.4

Commission to open*Commission to close*
Options on Futures$2.50$0
Options on Micro Futures$1.50$0
Smalls Futures Options$0.50$0

* Commission per contract. Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades.

Find out more about pricing and fees

What are Futures Options?

Futures options are options contracts with futures as the underlying asset. Also referred to as options on futures, this product type enables traders to exchange the underlying at a predetermined price by a specific date. Each in-the-money (ITM) futures option expires into its corresponding outright futures contract, unless the option contract is financially settled to a cash credit or debit.

How to Trade Futures Options

  1. Learn about futures options and how to use futures options strategies
  2. Create a tastyworks account or log in
  3. Create a trading plan and a risk management strategy
  4. Choose a futures option asset and open your position
  5. Monitor and close your position

Open a trading account

  • Use a platform designed to enhance the way you trade

    Experience award-winning technology with the tastyworks platform4

  • Increase your market awareness by staying in the know

    Keep up to date with the latest insights from the Follow Feed and video feed

  • Take your pick from a range of opportunities across asset classes

    Choose from currency, interest rate, commodity and equity index products

Ready to Trade?

Open an Account

Trade Futures Options on the best trading platform4

Get purpose-built features on a secure, reliable and fast platform, whichever interface you choose.

Desktop
Desktop

Download the tastyworks application and trade from your desktop

laptop
Browser

Open a new tab and trade between active sessions in your browser

Try It Now
Mobile
Mobile

Let your portfolio move with you – take it wherever you go with the mobile version

Get For IOS
Get For Android

1 Increased leverage can result in significant losses in the event of adverse market conditions.

2 Futures account approval is subject to tastyworks suitability requirements. Futures and futures options trading is speculative and not suitable for all investors. Please read all applicable futures risk disclosures at www.tastyworks.com/disclosures.

3 Options on futures commission fees: $2.50 per contract to open, $0.00 to close. Options on micro futures commission fees: $1.50 per contract to open, $0.00 commission to close. All futures options trades (including options on micro futures) incur a clearing fee of $0 per contract + exchange fees + NFA fee. Smalls futures options commission fees: $0.50 per contract to open, $0.00 commission to close. All Smalls futures trades incur a clearing fee of $0.05 per contract + exchange fees + NFA fee.

4 Named the Best Online Broker by Investor’s Business Daily (IBD) in its ninth annual survey.


tastyworks does not provide investment, tax, or legal advice. tastyworks’ website and brokerage services are not intended for persons of any jurisdiction where tastyworks is not authorized to do business or where such products and other services offered by the Firm would be contrary to the securities regulations, futures regulations or other local laws and regulations of that jurisdiction. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). All customer futures accounts' positions and cash balances are segregated by Apex Clearing Corporation. Futures and futures options trading is speculative and is not suitable for all investors. Please read the Futures & Exchange-Traded Options Risk Disclosure Statement prior to trading futures products.

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