Cheapest Options Commissions?

[crimony]

The cheapest options commission I could find was Ameritrade at $9.99 + $0.75 per contract. Anyone know of a better commission schedule for options? Thanks.

 

[volatilitypimp]

Interactive Brokers is $0.00 ticket charge and $0.75 per contract.

 

[MTE]

Commissions are only one of the factors when choosing a broker. Besides, if you do enough size then you can usually negotiate a rate that is lower then the generic one.

 

[skyasa]

Check the web sites and compare all:

IB is kind of pay what u need... mostly for Real time quotes etc...



Interactive Brokers (www.interactivebrokers.com)

Trade Station (www.tradestation.com)

Terra Nova (www.terranovaonline.com)

Think or Swim (www.thinkorswim.com)

 

[yip1997]

Quote from MTE:

Commissions are only one of the factors when choosing a broker. Besides, if you do enough size then you can usually negotiate a rate that is lower then the generic one.

Can we get better than 0.75 per contract? I tried to get lower than 0.75, but was rejected.

 

[MTE]

Quote from yip1997:

Can we get better than 0.75 per contract? I tried to get lower than 0.75, but was rejected.

As I said, depends on the broker and your volume.

 

[a529612]

Quote from MTE:

Commissions are only one of the factors when choosing a broker. Besides, if you do enough size then you can usually negotiate a rate that is lower then the generic one.

How many contracts are you talking about when you say "enough size"?

 

[trader76ab]

simplex trading. 0.50 a contract, no volume requirement.

 

[zxcv1fu]

Thinkorswim will match anyone according to their web site.

Call to ask:
https://www.thinkorswim.com/tos/myAccounts/displayPromotions.tos

They will work the trade for you if over certain size so u can get better fill.

 

[volatilitypimp]

Quote from zxcv1fu:

Thinkorswim will match anyone according to their web site.

Will they match IB's prices?