Puts, Calls, Spreads & Strangles

Online Options Trading

Just $7 a Trade & $1.25 a Contract

With options trading tools and educational support accessible online, or in one of our 500+ local branches, Scottrade offers options trading for advanced and new options traders alike. And our consistent, simple pricing on options contracts helps keep your focus on meeting your investment objectives.

If you’re looking to execute your complex options trading strategies, including spreads, strangles, butterflies, condors and uncovered options, OptionsFirst may be right for you. OptionsFirst is an online options trading tool from Scottrade designed with advanced traders in mind and features virtual trading, profit and loss analysis, volatility charts and more.

Want to Trade Now?

Learn about OptionsFirst
Apply for an OptionsFirst Account

Trade and test your basic options strategies with Scottrade on our Trading Website or Scottrader Streaming Quotes – two of our many online trading tools, platforms and resources created to help self-directed traders like you meet your trading goals. Add options trading to your current Scottrade account, or open a new account to begin testing your options trading strategies today.

Want to Trade Now?

Open a New Account
Download Options Agreement

Mini Options Contracts

Options traders may now buy and sell ten share options contracts, known as mini stock options for the securities listed here:
• Apple Inc (AAPL),
• Amazon.com Inc (AMZN),
• Google Inc (GOOG),
• SPDR Gold Trust ETF Fund (GLD),
• SPDR S&P 500 ETF Trust (SPY)

Mini Options Trading

The commission schedule for mini options trading is the same as basic stock options. Options traders will pay $7 online trade commission plus $1.25 per mini option contract.

Explore Mini Options

Understanding the Risks of Trading Options

Options trading has a high degree of risk and is not appropriate for all investors. Please read the following documents and agreements carefully prior to opening an options trading account:

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  • In-Person and Online Education
  • Mobile Trading and Account Access
  • Real-Time Streaming Quotes
  • Interest on Cash Balances