New for 2018! Commissions on equity options trades capped at $10 per leg!

NEW! Capped commissions on equity options trades! Learn More

NEW! Equity option capped commissions! More

PRICING

We all want low commissions. Lower commissions means more freedom to place more trades more efficiently. That's why we offer a great rate to open trades, and an even better one to close them. It’s also why we’re now offering capped commissions on equity option trades at $10 per leg.** See how we compare against other brokers on equity option trades.

options
on stock
opening trade
$1.00
per contract ($10 max per leg)
closing trade*
$0.00
commission (+applicable fees)
stock

opening trade
$5.00
unlimited shares
closing trade*
$0.00
commission (+applicable fees)
options
on futures
opening trade
$2.50
per contract
closing trade*
$0.00
commission (+applicable fees)
futures

opening trade
$1.25
per contract
closing trade*
$1.25
per contract (+applicable fees)

A detailed view of our pricing and fees can be found here. For more information on futures trading with tastyworks, check here.

* Some additional fees will be charged on both opening and closing trades.

New for 2018!

capped commissions

We're now capping the maximum commission you'll pay on opening equity option trades to $10 per leg for listed options.** Here are some examples of how that really works for you!

100 puts or calls
(single leg)
opening trade
$100.00
commission (+applicable fees)
opening trade**
$10.00
commission (+applicable fees)
100 verticals
(two legs)
opening trade
$200.00
commission (+applicable fees)
opening trade**
$20.00
commission (+applicable fees)
100 iron condors
(four legs)
opening trade
$400.00
commission (+applicable fees)
opening trade**
$40.00
commission (+applicable fees)

** Exchange, clearing and regulatory fees still apply. All futures options and the following index products are excluded from this offer: SPX, RUT, VIX, OEX, XEO, DJX and NDX.

APPLES TO APPLES

Okay. You want the bottom line. What are the commission costs for you to open and close an equity option trade at tastyworks compared to other major brokers? Well, have a look...

1 lot

10 lot

25 lot

50 lot

100 lot

500 lot

 

1
E*TRADE 2
Fidelity 2
Interactive Brokers 2
Schwab 2
TD Ameritrade 2

50 Puts or Calls
(100 total contracts)

$20.00
$59.90
$74.90
$70.00
$74.90
$88.90

50 Verticals
(200 total contracts)

$40.00
$109.90
$139.90
$140.00
$139.90
$163.90

50 Iron Condors
(400 total contracts)

$80.00
$209.90
$269.90
$280.00
$269.90
$313.90

50 Puts or Calls
(100 total contracts)

tastyworks 1
$20.00
E*TRADE 2
$59.90
Fidelity 2
$74.90
Interactive Brokers 2
$70.00
Schwab 2
$74.90
TD Ameritrade 2
$88.90

50 Verticals
(200 total contracts)

tastyworks 1
$20.00
E*TRADE 2
$59.90
Fidelity 2
$74.90
Interactive Brokers 2
$70.00
Schwab 2
$74.90
TD Ameritrade 2
$88.90

50 Iron Condors
(400 total contracts)

tastyworks 1
$20.00
E*TRADE 2
$59.90
Fidelity 2
$74.90
Interactive Brokers 2
$70.00
Schwab 2
$74.90
TD Ameritrade 2
$88.90

How about them apples?

1 Regulatory fees still apply. For a complete list of all fees, please click here. All futures options and the following index products are excluded from this offer: SPX, RUT, VIX, OEX, XEO, DJX and NDX. Certain complex options strategies carry additional risk.

2 Commission comparison based on opening and closing online U.S. equity option trades at the published website commission schedules for retail accounts, as of 1/3/2018, for E*Trade, Fidelity, Interactive Brokers, Schwab, and TD Ameritrade. For E*Trade, comparison is based on pricing schedule of 30 or more transactions per quarter. For Interactive Brokers, comparison based on customers trading less than 10,000 contracts a month with option premiums equal to or greater than .10 per contract. Supporting documentation for any claims, if applicable, will be furnished upon request.

ready to trade?

The market waits for no one. See how tasty works for you.

yours truly

the business team