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Whether you have been trading for years or are just getting started, Fidelity offers the resources and education you need to trade options. Our advanced analytics, custom screeners, and expert commentary let you trade confidently for a low, transparent price.

$7.95 per online trade, plus $0.75 per contract

Powerful online platform

Online trading
Use our intelligent order router or choose an exchange to direct your equity, ETF, and index options trades.

View our Options Summary page to see unrealized gain/loss and margin requirements grouped by strategy, expiration, or underlying instrument.

Research and analysis

Options research
Navigate between the Strategy Evaluator, probability charts, and interactive profit and loss models.

Generate trading ideas with our prebuilt and custom screeners, and Standard and Poor's market commentary.

Education and support

Learn about options
Watch videos, attend webinars, and read articles in the Fidelity Learning Center.

Call our experienced trading representatives when questions come up and get the support to help you trade confidently.

Why trade options with Fidelity?

  • Commission-free online Buy-to-Close orders executed at $0.10 or less
  • $7.95 plus $0.75 per contract online commission—lower than Schwab, TD Ameritrade, and E*Trade1, 2
  • Experienced investment and trading specialists available 24/7
  • Wide range of educational resources available online and in person at branch seminars

Other ways to trade

Advanced Trading Tools and Features

Get details on Active Trader applications, as well as account features like margin and short selling.


Option trading just became more cost-effective

All online Buy-To-Close orders executed at $0.10 or less are now commission-free.

Start trading options lock_green

Apply for options approval on your eligible accounts.

Industry-best capabilities

In 2016 Barron's3, Investor's Business Daily4, and StockBrokers.com5 rated us #1 for our industry-best trading tools, research, and execution.

1. $7.95 commission plus $.75 per options contract applies to online U.S. equity trades for Fidelity Brokerage Services LLC retail clients; other conditions may apply. See the brokerage commission and fee schedule (PDF) for details.
2. Based upon published website commission schedules, as of 03/15/2012, for E*Trade, Schwab, and TD Ameritrade for all online U.S. equity and options trades. Other pricing may be available based on a specific asset level or a combination of trading and asset levels.
3. Barron's, March 19, 2016 Online Broker Survey. Fidelity was evaluated against 15 others and earned the top overall score of 34.9 out of a possible 40. The firm was also named best online broker for Long-Term Investing (shared with 1 other), Best for Novices (shared with 1 other), and best for In-Person Service (shared with 4 others). Fidelity was also ranked 1st in the following categories "Trading Experience and Technology", "Range of Offerings" (tied with 1 other firm), and "Customer Service, Education and Security". Overall ranking based on unweighted ratings in the following categories: trading experience and technology, usability, mobile, range of offerings, research amenities, portfolio analysis and reports, customer services and education, and costs.
4. Investor's Business Daily (IBD), January 2015 and 2016 Best Online Brokers Special Reports. January 2015: Fidelity ranked in the top five in 9 out of 11 categories—more than any other competitor. Fidelity was named first in Research Tools, Investment Research, Portfolio Analysis and Reports, and Educational Resources. January 2016: Fidelity ranked in the top five in 10 out of 12 categories. Fidelity was named first in Trade Reliability, Research Tools, Investment Research, Portfolio Analysis and Reports, and Educational Resources. Results for both reports were based on having the highest Customer Experience Index within the categories composing the surveys, as scored by more than 9,000 visitors to the IBD website.
5. February 16, 2016: Fidelity was ranked #1 overall out of 13 online brokers evaluated in the StockBrokers.com Online Broker Review 2016. Fidelity was rated #1 overall and was also rated #1 in several categories, including "Order Execution," "International Trading," and "Email Support." Fidelity was also named Best in Class for "Offering of Investments," "Research," "Customer Service," "Education," "Mobile Trading," "Banking," "Order Execution," "Active Trading," "Options Trading," and "New Investors." Read the full article.

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, and call 800-544-5115 to be approved for options trading. Supporting documentation for any claims, if applicable, will be furnished upon request.

There is an Options Regulatory Fee (of between $0.04 to $0.06 per contract) that applies to both option buy and sell transactions. Fee is subject to change.
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.