Absolute Lowest Commissions Available for Options?

Quote from options4me:

I've used Optionxpress for 2 yrs now.
$1.50 per contract ($14.98 min).
Using a CASH account, you will not have to worry about Pattern Daytrading issues. Your account will settle same day.
No, it won't. Option trades settle T+1.

You also need a margin account for any spreads .
 
Quote from MTE:

No, it won't. Option trades settle T+1.

You also need a margin account for any spreads .

Well, I have never had any issues with Day Trading options.
Did a trade last Friday morning, and later in the afternoon I saw that my "Option Buying Power" was same as my account balance again. Spreads may be different though.
 
Quote from thegazelle:

If you want good customer service, and are willing to pay a little more, TOS is the way to go. You can get down to around 1.25/contract, but that might not be enough to suit your needs.

I personally use TOS as well. I got setup at $4.95/ticket and $0.65/contract. Since I usually only trade between 3 and 10 contracts per leg/trade, this has worked out better for me.

If the OP is making 25 contract trades in a single leg/trade then one of the flat ticket rates would probably be better for him IMO.
 
You may also want to check out eoption.com

Next to optionshouse, they would be the cheapest for 25 contracts. Also, great customer service (I have been recently researching brokers and have had nice interactions with them). So, they suit my needs (and was the best price i could find for multiple lots).

E
 
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