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For US options: $1.95 per contract if the option premium is over $0.25 $1 per contract if the option premium is between $0.10 to $0.25 $0.50 per contract if the option premium is between $0.05 to $0.09 $0.25 per contract is the option premium is less than $0.05 I am assuming...

Actually there are some advantages trading options upstairs (as a customer, not a broker dealer or market maker). Depending on the exchange, you can get an automatic execution of 10, 20, 25, or sometimes even more contracts at a time. Sometimes this is much easier than chasing a stock...

Based on my experiences as a listed trader for a NYSE firm, once the stock trades at $50, your stop order becomes a market order. Thus, it will be treated with the same parity as all other market orders. In other words, you should get the same executed price along with any other market orders...

IB, also eliminated the Market Depth feature for US Stock Options. Dunno if this is a bug or just a change in the way they do business.