Question

Quote from jerrrrk:

What is the industry standard per contract in terms of fees on equity options?? Does .70 cents seem to high?
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For retail trading that is a very good price. I think if you averaged a bunch of different online brokers, you would be in the neighborhood of a $1.00.

Depending on how active you are you can get better rates like with ToS, check out IB and TS too.
 
Quote from StockSlacker:

I think the standard is about $10/contract. IB is pretty cheap but I don't like their interface.
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Wow. I'm not sure any interface could possibly make me pay 13 times more than IB.

And believe me, I've seen Man's, so I've seen as bad as it can get. :-)
 
The best option commissions are 75 cts to a buck unless as mentioned by others, you do size.

Another thing to consider is the nature of your trading. While unlimited contracts for a flat fee is attractive to some, being able to incrementally add to or reduce a position without a minimum commission is preferable. Pick your poison :)
 
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