Commodities
Trade a variety of commodity markets using options, futures, ETFs, stocks, and futures options all from one platform. Choose the sectors you want to invest in, like energy commodities, agriculture, metal, and raw materials.
What Are Commodities
Commodities are economic goods. They can be raw materials (like corn or oil) that are used in production, or natural resources (energy, metals, grains). Commodities are traded in the market using futures contracts or commodity-linked stocks or ETFs.
What Commodity Products Can I Trade?
You can trade commodity stocks, options, futures, and futures options on our intuitive platform. Balance your portfolio with the products of your choice to make it work for your investment goals.
Some of the energy commodities you can trade are coal, crude oil, micro crude oil, e-mini crude oil, Henry Hub natural gas, e-mini natural gas. Non-energy commodities include agricultural underlyings such as corn, mini corn, soybeans, mini soybeans, Chicago SRW wheat, and mini-Chicago SRW wheat. Metals also fall under non-energy commodities and include gold, micro gold, copper, platinum, silver, and micro silver.
Commodity Options on Futures
Add probability to your commodity assumption and consider incorporating bullish, bearish, and neutral futures options strategies.
Commodity Stocks and ETFs
Enter the commodity market by investing in a physical commodity with stocks or exchange-traded funds (ETFs).
Commodity Futures
Commodity futures cover a variety of asset classes and are available to trade 23/5.1
Popular Commodity Futures Products
Below is a list of some widely traded commodity futures on our platform.
- Crude Oil (/CL)
- Corn (/ZC)
- Gold (/GC)
- Soybeans (/ZS)
- Natural Gas (/NG)
Commodity Futures Options
There are various futures options you can trade on the tastytrade platform:
Product | Option Style | Deliverable | Time of Settlement2 |
|---|---|---|---|
/ZC | American | Future | 1:20 pm CT |
/ZS | American | Future | 1:20 pm CT |
/ZW | American | Future | 1:20 pm CT |
/CL | American | Future | 1:30 pm CT |
/NG | European | Cash | 1:30 pm CT |
/GC | American | Future | 12:30 pm CT |
/SI | American | Future | 12:30 pm CT |
Product | Option Style |
|---|---|
/ZC | American |
/ZS | American |
/ZW | American |
/CL | American |
/NG | European |
/GC | American |
/SI | American |
Product | Deliverable |
|---|---|
/ZC | Future |
/ZS | Future |
/ZW | Future |
/CL | Future |
/NG | Cash |
/GC | Future |
/SI | Future |
Product | Time of Settlement2 |
|---|---|
/ZC | 1:20 pm CT |
/ZS | 1:20 pm CT |
/ZW | 1:20 pm CT |
/CL | 1:30 pm CT |
/NG | 1:30 pm CT |
/GC | 12:30 pm CT |
/SI | 12:30 pm CT |
Discover Commonly Traded Commodity Markets
With tastytrade, you can explore and trade various commodity markets from energy markets like Natural Gas and WTI Crude; to Metals and Grains. Some of the well-known commodities you can choose from on our platform include:
- Natural Gas (UNG)
- Corn ETF (CORN)
- iShares Silver ETF (SLV)
- U.S. Oil Fund (USO)
- SPDR Gold Shares ETF (GLD)
- Gold Miners (GDX)
- Wheat ETF (WEAT)
- Energy ETF (XLE)
- Oil & Gas ETF (XOP)
Trade Commodities with Low Commissions
When trading commodities with tastytrade, you can reduce your overall costs by paying lower commissions.
Take a look at the low commissions of trading commodities:
Product | Opening commission (per contract) | Closing commission (per contract) |
|---|---|---|
Futures | $1.25 | $1.25 |
Micro Futures | $0.85 | $0.85 |
Futures Options | $2.50 | $0.00 |
Stocks and ETFs | $0.00 unlimited shares | $0.00 |
Product | Opening commission (per contract) |
|---|---|
Futures | $1.25 |
Micro Futures | $0.85 |
Futures Options | $2.50 |
Stocks and ETFs | $0.00 unlimited shares |
Product | Closing commission (per contract) |
|---|---|
Futures | $1.25 |
Micro Futures | $0.85 |
Futures Options | $0.00 |
Stocks and ETFs | $0.00 |
Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades.
How to Trade Commodities
- Learn about commodities and how the commodities markets work
- Create a tastytrade account or log in
- Implement a trading plan and a risk management strategy
- Start trading a commodity product that compliments your investment goals
¹Futures trading hours vary by product. See here for details.
²Final settlement based on the latest trade price.
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. 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.
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.