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.
|Opening Commission*||Closing Commission*|
Stock & ETFs($10 max per leg)
|Stock & ETFs|
* Applicable exchange, clearing, and regulatory fees still apply to opening and closing trades.View Pricing and Fees DetailView Info on Futures Trading with tastyworks
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!
|Opening Commission**||To Close|
|20 Puts / Callssingle leg|
|20 Verticalstwo legs|
|20 Iron Condorsfour legs|
** 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.
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…
|50 Puts/Calls(100 total contracts)||50 Verticals(200 total contracts)||50 Iron Condors(400 total contracts)|
(100 total contracts)
(200 total contracts)
50 Iron Condors
(400 total contracts)
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 10/3/2019, for E*Trade, Fidelity, Interactive Brokers, Schwab, and TD Ameritrade. 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.