Options Trading
Why Trade Options With Us?
Award-Winning Options Platform
Get product offerings that empower your trading goals from an award-winning options platform2
Low Commissions
Trade options online with low commissions starting at $1.00 per contract to open, $0 to close. Plus, commissions are capped at $10.00 per leg for equity and ETF options1
Liquidity Rating Indicator
Find efficient options markets and trade at fair prices using tastytrade's liquidity rating indicator
Analysis Tab
Use the analysis tab to gauge the profit and loss potential of options strategies before you trade
Order Chains
Track your equity and ETF options position's progress from open to close, without a spreadsheet
Curated Watchlists
Pick underlyings from your favorite curated watchlists or build your own directly on the platform
Trade Options With Low Commissions
At tastytrade, we stay ahead of the pack by giving you low commission rates for equity options.3 Here's how we measure up against our competitors:
| 50 Puts/Calls(100 total contracts) | 50 Verticals(200 total contracts) | 50 Iron Condors(400 total contracts) | |
|---|---|---|---|
.svg) 1 | $20.00 | $40.00 | $80.00 |
| E*TRADE4 | $65.00 | $130.00 | $260.00 |
| Fidelity4 | $65.00 | $130.00 | $260.00 |
| Interactive Brokers4 | $65.00 | $130.00 | $260.00 |
| Schwab4 | $65.00 | $130.00 | $260.00 |
50 Puts
(100 total contracts)
50 Verticals
(200 total contracts)
50 Iron Condor
(400 total contracts)
What Options Products Can You Trade With Us?
The range of options products available on the tastytrade platform gives you the flexibility to find opportunity in a variety of market conditions; choose options products based on your investment objectives, financial standing, and risk tolerance.
STOCK OPTIONS
Anticipate an individual stock's market movement using equity option strategies
ETF OPTIONS
Speculate on the performance of index and sector exchange-traded funds (ETFs)
INDEX OPTIONS
Expand your exposure across stocks using European-style, broad-based index options
Futures and micro futures options are also available to trade in tastytrade accounts approved for futures.5 Learn how to enable futures trading at tastytrade.
WHAT ARE OPTIONS?
Options are contracts between two parties to exchange an underlying asset at a specific price by a certain expiration date.
By combining long and short options with put and call options, a variety of strategies can be utilized across different market environments.
While you can use options to speculate on the directional price movements of a financial instrument, options are non-linear. So, the probability of profit is also affected by factors such as implied volatility (IV), time to expiration, and location of the strike price in relation to the underlying price.
HOW TO TRADE OPTIONS
- Do your research to get an understanding of how options trading works
- Create a tastytrade account or log in
- Choose your preferred market and asset
- Create a trading plan and a risk management strategy
- Open and monitor your options positions
- Manage your options strategy before expiration
Open a Trading Account
TAP INTO FEATURES DESIGNED TO SUPPORT YOUR TRADING
Utilize innovative functionalities such as earnings indicators, correlation numbers, and alerts
FIND YOUR INSPIRATION AND BOOST MARKET AWARENESS
Get inspiration for your options strategies from the Follow Feed and video feed
LOOK BACK USING HISTORICAL OPTIONS DATA
Analyze the past performance of options for further insight before getting started6
TAKE MEASURE OF UPSIDE AND DOWNSIDE RISK
Use the portfolio risk analysis tool to delve into potential upside or downside risk
TRADE ON THE BEST OVERALL OPTIONS TRADING PLATFORM2
At tastytrade, we empower you to trade the way you want. Whichever device you choose, our platform offers a fast, reliable, and safe trading experience.
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Desktop
An immersive trading experience with a simple, intuitive interface.
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Browser
Use our web platform on any browser. Manage accounts, fund, and trade in one place.
Mobile
Stay on top of your trading while you’re on the move. Never miss a market minute.
All investments involve risk of loss. Please carefully consider the risks associated with your investments and if such trading is suitable for you before deciding to trade certain products or strategies. You are solely responsible for making your investment and trading decisions and for evaluating the risks associated with your investments.