Options Trading - Fidelity

Print
Email

Email

Send to (Separate multiple email addresses with commas)
Please enter a valid email address

Your email address
Please enter a valid email address

Message (Optional)

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

Email

Your email has been sent.
Share
Share
Mutual Funds and Mutual Fund Investing - Fidelity Investments

Clicking a link will open a new window.

We offer multiple ways to help you evolve your options trading strategy, be more effective with your research and analysis, and better leverage our trading platforms and tools. Choose the way you prefer to learn.

Webinars

Join our free options webinars, presented by Fidelity professionals and third-party industry leaders.

Subscribe to receive notifications

Articles, videos, and courses

Learn at your own pace, at your level, and through the format you prefer best.

Coaching sessions

Join exclusive opportunities for an interactive conversation with members of our Trading Strategy Desk.

Our independent research and insights help you scan the markets for opportunities. Help improve your trades, from idea to execution.

Filter through a variety of strategies by outlook, profit, and risk, making it easier to learn about what you’re interested in.

$0.00 commission applies to online U.S. equity trades and Exchange-Traded Funds (ETFs) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Other conditions may apply. See Fidelity.com/commissions for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Clearing & Custody Solutions® are subject to different commission schedules.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade.

There is an Options Regulatory Fee from $0.03 to $0.05 per contract, which applies to both option buy and sell transactions. The fee is subject to change.

1.

Based on data from IHS Markit for SEC Rule 605 eligible orders executed at Fidelity between October 1, 2018 and September 30, 2019. The comparison is based on an analysis of price statistics that include all SEC Rule 605 eligible market and marketable limit orders of 100-499 shares for the 100 share figure and 100–1,999 shares for the 1,000 share figure. For both the Fidelity and Industry savings per order figures used in the example, the figures are calculated by taking the average savings per share for the eligible trades within the respective order size range and multiplying each by either 100 or 1000, for consistency purposes. Fidelity's average retail order size for SEC Rule 605 eligible orders (100 -1,999 shares) and (100–9,999 shares) during this time period was 430 and 839 shares, respectively. The average retail order size for the Industry for the same shares ranges and time period was 253 and 384 shares, respectively. Price improvement examples are based on averages and any price improvement amounts related to your trades will depend on the particulars of your specific trade.

OptionsPlay^® and Fidelity Investments are independent entities and are not legally affiliated.

Images are for illustrative purposes only

Research is provided for informational purposes only, does not constitute advice or guidance, nor is it an endorsement or recommendation for any particular security or trading strategy. Research is provided by independent companies not affiliated with Fidelity. Please determine which security, product, or service is right for you based on your investment objectives, risk tolerance, and financial situation. Be sure to review your decisions periodically to make sure they are still consistent with your goals.

System availability and response times may be subject to market conditions.

The third-party trademarks and service marks appearing herein are the property of their respective owners.

457348.29.0

close

close

	Fidelity	TD Ameritrade	E*Trade	Schwab
Base	$4.95 + $0.65 per contract	$6.95 + $0.75 per contract	$6.95 + $0.75 per contract	$4.95 + $0.65 per contract
10 Contracts	$11.45	$14.45	$14.45	$11.45
20 Contracts	$17.95	$21.95	$21.95	$17.95
Buy to Close 10 Contracts at $0.10	FREE	$14.45	FREE	$11.45

Base
TD Ameritrade	$6.95*
E*Trade	$6.95*
Schwab	$4.95*
Fidelity	$4.95*

10 Contracts
TD Ameritrade	$14.45
E*Trade	$14.45
Schwab	$11.45
Fidelity	$11.45

20 Contracts
TD Ameritrade	$21.95
E*Trade	$21.95
Schwab	$17.95
Fidelity	$17.95

Buy To Close 10 Contracts at $0.10
TD Ameritrade	$14.45
E*Trade	FREE
Schwab	$11.45
Fidelity	FREE

close