Options

Powerful tools with great service and value

check Among the lowest options commissions in the market
check Best-in-class platform for trading options on equities, indexes, and futures
check Support from knowledgeable Options Specialists
check Close short options positions priced at 10¢ or less commission-free

Open an account

50¢ equity and index options

per contract when you place 30+ stock or options trades per quarter.2

$1.50 futures options

per contract3

Why trade options?

Depending on how you use them, options can help earn extra income or manage risk. They offer potential benefits over the short- or the long-term for a wide range of investors.


Manage risk

Options can help protect your portfolio by using strategies to hedge other positions in your portfolio


Generate income

Supplement your investing strategy with income from covered calls and cash-secured puts


Create leverage

While subject to certain risks, options may help you generate income with lower initial investment and increased cost efficiency


Versatility  

With thousands of options contracts available, you can create strategies that range from the simple to complex, and short to long term

Get up to $600 plus 60 days of commission-free stocks and options trades for deposits and transfers of $10k or more.1 How it works
Get up to $600 plus 60 days of commission-free stocks and options trades for deposits and transfers of $10k or more.1 How it works

Why trade options with E*TRADE?

  • Whether you're an experienced trader or just starting out, our tools let you understand the information you need to invest in options
  • Our OptionsHouse platform has won both Barron’s “Best for Options Traders” and StockBrokers.com’s "Best for Options Trading" eight years in a row4,5
  • Keep trading costs low with competitive options pricing and rates

Dime Buyback Program

  • Pay no per-contract or base commission charge when you buy to close an equity option priced at 10 cents or less
  • Close short options positions that may have risk, but currently offer little or no reward potential—without paying any commissions
  • There’s no sign-up required. This program automatically applies anytime you buy to close an equity option priced at 10 cents or less

Discover options on futures

  • Same strategies as securities options, more hours to trade
  • Options on futures offer nearly 24-hour accessand diversification
  • Trade options on oil, gold, and corn futures as easily as you trade options on the S&P 500® Index

Education on demand

Options trading doesn’t have to be difficult, especially if you have the right resources to take your trading to the next level.7

 

Learn more

Dedicated support

Our dedicated Trader Service Team includes many former floor traders and Futures Specialists who share your passion for options trading.


Call us at 800-387-2331 (800-ETRADE-1)